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Proton's New Owner Open to Selling Lotus

What will you do now Danny? 1 photo
Photo: screenshot from Youtube
Lotus is really having a tough time in bringing all those new sportscars to market, and the fact that Proton has basically nothing to do with the British firm’s platforms or ideals doesn’t help a single bit. Things are equally disturbing when you look from the other side of the equation, as Lotus has not made a profit for Proton in 15 years, and so it might be time for them to split ways.
Bloomberg today reports that Malaysian billionaire Syed Mokhtar Al-Bulkhary’s DRB-Hicom Bhd. (Proton’s new owner) is open to selling the sportscar maker.

“We need to sit down with Lotus management, looking at their plans before arriving at a definitive decision,” Managing Director Mohd Khamil Jamil told reporters today in Selangor, outside of Kuala Lumpur. “We can’t do due diligence on Lotus earlier so will need time.”

No information on potential suitors for Lotus is available, though it was rumored that China’s largest automakers wanted to buy the firm. Let’s hope not!
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About the author: Mihnea Radu
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Mihnea's favorite cars have already been built, the so-called modern classics from the '80s and '90s. He also loves local car culture from all over the world, so don't be surprised to see him getting excited about weird Japanese imports, low-rider VWs out of Germany, replicas from Russia or LS swaps down in Florida.
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