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Geely completes Lotus takeover
News
29th Sep 2017
2 min read

Geely completes Lotus takeover

China’s largest privately-owned automotive group, Zhejiang Geely Holding Group (Geely Holding) has completed a takeover of British sports car marque, Lotus. Geely Holding now owns a majority stake of 51 per cent in Lotus Advance Technologies Sdn Bhd (Lotus) with a minority 49 per cent being held by Malaysia’s Etika Automotive.
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Rob Margeit
Geely, PSA to bid for Proton and Lotus takeover this week - report
News
21st Feb 2017
2 min read

Geely, PSA to bid for Proton and Lotus takeover this week - report

Malaysian car maker Proton and its subsidiary Lotus were reported last year to be up for sale, with a number of car makers said to be keen on a purchase. In September, business paper Reuters reported Peugeot and Citroen parent PSA Group as one suitor, while Renault and Suzuki were also believed to be considering bids of their own.
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Mike Stevens
CarAdvice News Desk: the weekly wrap for June 17
News
17th Jun 2016
2 min read

CarAdvice News Desk: the weekly wrap for June 17

Welcome to the CarAdvice.com News Desk, a regular video wrap of the latest happenings in the automotive world and Australia's new-car market. Keeping you in the loop, Tegan Lawson presents a weekly video from the CarAdvice Garage,with everything you need to know about the week in news and reviews. What happened in the week ending June 17, 2016? Catch our video above, and links to the full stories below. THE WEEK IN NEWS: Will the Ford Edge be the new Territory here in Australia?
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Tegan Lawson
Proton Satria GTi : Malaysian hot-hatch may make surprise Australian comeback
News
17th Dec 2014
3 min read

Proton Satria GTi : Malaysian hot-hatch may make surprise Australian comeback

The cult-classic Proton Satria GTi could make a surprise return to Australia in 2016. Proton Australia chief operating officer Kaye Amies told CarAdvice the local division is in discussions with officials in Malaysia about resurrecting the Satria nameplate on its new city car – called Iriz in its home market – which is set to reach our shores around the middle of next year.
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Tim Beissmann
Lotus planning an SUV, large sedan to broaden range - report
News
20th Aug 2014
2 min read

Lotus planning an SUV, large sedan to broaden range - report

Lotus has presented a product plan that involves a drastic expansion of its current range to its owner Proton. According to the government controlled newspaper Utusan Malaysia, Lotus CEO Jean-Marc Gales has presented a product plan includes an SUV and a D-segment sedan to the board of Proton.
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Derek Fung