Thursday, December 29, 2011

Investors' advice to Proton: Sell Lotus

Investors' advice to Proton: Sell Lotus

There's a lot of smoke going on over at Lotus, but we still have a while to wait before we get the first evidence of fire: the new Lotus Espirit and it's in-house V8 won't be here until 2013. On the other side of the world, there's a fair bit of smoke and fire happening at Malaysian automaker Proton, which owns Lotus. The Malaysian government controls Proton and has been investigating a partnership for or sale of the company for a couple of years, but despite its efforts, it hasn't made any deals.

Autoblog, Investors' advice to Proton: Sell Lotus

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