DRB Hicom : Lotus Group To Stay

April 23, 2012

Proton new owner, heavy industry conglomerate DRB Hicom says its subsidiary, Lotus Group to stay with Proton thus diminishing rumors that it we be sold to Chinese Youngman Automobile which currently doing JV with the sportscar maker through Lotus Engineering. DRB Hicom still supporting Lotus both financially and management aspect. A senior management personnel in Proton had been appointed for a management position in Lotus.

Source: star-motoring

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