Lotus appears to be in play, with reports that a Malaysian company has approached Proton about buying the sports car maker. State-owned Proton, which has been struggling of late, has seen its shares take a further beating since the collapse of its talks with Volkswagen, which has set the table for an opportunistic approach.
The bidder hasn't been named, but it is suspected to be Malaysian conglomerate Naza. Lotus ownership would give Naza its own platform -- Lotus' Variable Vehicle Architecture -- for a new car that Naza's developing in-house. Since Naza also distributes brands like Brabus, Hamann, and Porsche in Malaysia, adding Lotus to the stable would make sense.

On a side note, as for economy-car-maker ownership of a premium English brand goes -- for those afraid of Tata owning Jaguar -- Proton's ownership of Lotus hasn't diminished the marque's desirability in the least...

[Source: Paul Tan]

I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • From Our Partners

    You May Like
    Links by Zergnet
    Share This Photo X