Lotus CEO Bahar Eyes Possible Sale or Spinoff From Malaysian Parent Proton

Started by IL, Jun 02, 2011, 09:02 AM

IL

As he repositions the tiny British sports car specialist as a premium competitor to Porsche and launches a major expansion of the company's product portfolio, Dany Bahar says Lotus needs to tie up with a larger global automaker, such as Toyota, in order to share the cost of meeting future regulations.

Source: Lotus CEO Bahar Eyes Possible Sale or Spinoff From Malaysian Parent Proton