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Geely Buys Majority Stake in Lotus

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05-24-2017, 05:59 PM	#1
RSS Feed RSS Feed Robot Join Date: Sep 2007 Posts: 112,790 Name :	Geely Buys Majority Stake in Lotus Chinese conglomerate Geely will purchase 51 percent of Lotus in a deal that promises to accelerate the growth of the U.K. sports car maker. Geely is also buying*a 49.9-percent stake in Proton, Lotus’ struggling parent company. The deal will expand and accelerate the rollout of new products and technologies for Lotus, Geely CFO Daniel Donghui […] The post Geely Buys Majority Stake in Lotus appeared first on Motor Trend. More...

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