Tuesday, May 31, 2011

Lotus up for sale?


Looking for a new partner

Lotus CEO Dany Bahar has floated the idea of breaking away from Proton.
Speaking at a recent press event, Bahar said that Lotus cannot continue to develop models on their own. Instead, the company needs to form alliance or be sold to a larger automaker like Toyota.
No time frame was given but, in the meantime, Lotus will continue to develop the six models they announced at the Paris Motor Show.


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