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Geely agrees to buy Malaysia’s Proton, UK automaker Lotus

Chinese automaker Geely Holding will buy a 49.9 percent stake in struggling carmaker Proton from Malaysian conglomerate DRB-Hicom. Geely will also acquire a 51 percent share in UK sports automaker Lotus from Proton.

Source: http://feedproxy.google.com/~r/autonews/EuropeNews/~3/WPjbHMS3LQw/geely-agrees-to-buy-malaysias-proton-uk-automaker-lotus
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