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02-21-2017, 12:47 PM
Two automotive companies have placed bids for a stake in Lotus, along with its parent company Proton, says a report from Bloomberg. Geely, the Chinese automaker that owns Volvo, and PSA Group, which owns Peugeot and Citroën, have both submitted offers for a piece of Malaysian automaker Proton. The exact size of the stake will...
The post Geely, PSA Vying for Stake in Lotus and Parent Company Proton (http://www.automobilemag.com/news/report-geely-psa-vying-for-stake-in-lotus-and-parent-company-proton/) appeared first on Automobile Magazine (http://www.automobilemag.com).
More... (http://www.automobilemag.com/news/report-geely-psa-vying-for-stake-in-lotus-and-parent-company-proton/)
The post Geely, PSA Vying for Stake in Lotus and Parent Company Proton (http://www.automobilemag.com/news/report-geely-psa-vying-for-stake-in-lotus-and-parent-company-proton/) appeared first on Automobile Magazine (http://www.automobilemag.com).
More... (http://www.automobilemag.com/news/report-geely-psa-vying-for-stake-in-lotus-and-parent-company-proton/)