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donderdag 25 mei 2017

Lotus Club Holland: Volvo’s Chinese Parent Company is Buying Lotus

Volvo's Chinese Parent Company is Buying Lotus
Chinese automaker Zhejiang Geely Holding, the same company that owns Volvo, has announced it is buying a 49.9 percent stake in struggling automaker Proton and along with it a controlling stake in famed British sports car builder Lotus. Geely will acquire a 51 percent stake in Lotus from Proton as part of the deal, an exciting development for fans of the brand as Geely is committed to growing all of its automakers. Geely will now be able to explore joint projects between its automotive...
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