Lotus Seeking Chinese Buyer

Lotus Exige 1 photo
Photo: Lotus
A recent debate which brought together British MPs and several important figures including the minister of state for business Mark Prisk. The aim of the debate was highlighting the importance of Lotus, their prestige and their innovations in the production of sports cars.
There are currently 1200 employees working for the Norfolk based company and Lotus aims to attract new investors from China in order to preserve the current jobs and a possible future expansion of their facility.

Lotus was to receive a government grant of £10 million in order for them to push forward with their much talked-about expansion. However, according to Mark Prisk, the grant has been put on hold ever since Lotus’s acquisition by their new Malaysian owner DRB-Hicom.

We really hope that things work out for Lotus and that they figure out their financial quibbles, because their loss from the automotive world would be irreplaceable.

Source: Autocar
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