Lotus could be sold by parent company Proton

2020 Lotus Elise

2020 Lotus Elise imagined by Autocar

British sports car maker Lotus could soon be up for sale by its struggling Malaysian owner, following a lengthy period of financial uncertainty

Lotus could soon be available to buy as its parent company Proton seeks to raise cash funds following a long period of poor financial results.

Proton is itself owned by DRB-Hicom, a large Malaysian conglomerate, and the company has told Automotive News Europe (ANE) that it would consider offering Lotus to the market in its attempts to save an ailing Proton.

Autocar has contacted Lotus for a response to the …read more

Source:: Autocar