Two automotive companies have placed bids for a stake in Lotus, along with its parent company Proton, says a report from Bloomberg. Geely, the Chinese automaker that owns Volvo, and PSA Group, which owns Peugeot and Citroën, have both submitted offers for a piece of Malaysian automaker Proton. The exact size of the stake will […]
The post
Report: Geely, PSA Vying for Stake in Lotus and Parent Company Proton appeared first on
Motor Trend.
More...