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Geely will buy stakes in Malaysia’s Proton, UK automaker Lotus

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

Source: http://feedproxy.google.com/~r/autonews/EuropeNews/~3/sntw9RB1ZrY/geely-will-buy-stakes-in-malaysias-proton-uk-automaker-lotus
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