44 Articles
Rumormill: Proton may sell Lotus to local Malaysian firm

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.

Rolls-Royce to produce 10% more Phantoms in 2008

Business at Goodwood is, well... good. As such, Rolls-Royce, already having dedicated millions of dollars to enhancing its production facilities, is looking to add more hands in a bid to keep up with the ever-growing demand for its cars. Production in 2007 was up 25% over 2006 to 1,000 units, and RR execs see another 10% of growth likely for 2008. Credit emerging markets for the increase in demand, especially China, in which 100 cars are expected to be sold by year's end. That's up from 71 of th

/ 5
Share This Photo X