According to a report by Reuters, a Malaysian company has approached Proton Holdings and asked if the automaker would be willing to part with its controlling stake in Lotus. The unnamed company is interested in purchasing the 63.75-percent of shares of the British automaker and automotive consultancy firm that Proton purchased back in 1996.

It's certainly not coincidental that this offer came in a few weeks after Proton and Volkswagen ended talks about a possible alliance, causing Proton's stock to drop by some 18-percent. Although the financial windfall gained by Proton may be beneficial in the short-term, the Malaysian automaker is dependent on Lotus' technological innovations for future products. We doubt anything will come of it, but we're curious as to what company made the offer and how it would benefit from the purchase.

[Source: Reuters, InsideLine]

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
  • 2015 Toyota Highlander
    MSRP: $29,765 - $44,140
    2015 Jeep Grand Cherokee
    MSRP: $29,995 - $64,895
    2015 Honda Accord
    MSRP: $22,105 - $33,630
    2015 Honda Civic
    MSRP: $18,290 - $26,740
    2015 Mazda Mazda3
    MSRP: $16,945 - $25,545
    Share This Photo X