Malaysia: Lotus denies rumours of a Chinese takeover

British sports car manufacturer Lotus, owned by Malaysian conglomerate DRB-Hicom, has denied media reports concerning its possible acquisition by Chinese vehicle manufacturers SAIC and Youngman. "We have not received any such information," International Finance News reported Lotus China's public relations office as saying. The office described such speculation as baseless. Just over Subscribe to Automotive … Continued

• By Webmaster
• June 18, 2012