UK: Lotus secures government grants

Malaysian vehicle manufacturer Proton's UK-based car manufacturing subsidiary Lotus Cars has secured £10.4m (US$16.63m) in grants from the British government. The regional growth fund grants are geared at creating job opportunities. Proton Holdings managing director Syed Zainal Abidin Syed Mohamed Tahir views the grants as a sign of the British government's Subscribe to Automotive World … Continued

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• November 9, 2011