Shortly after breaking the news about the acquisition of Opel / Vauxhall by the PSA Group also came the news that the Gallic group might be thinking of making another addition. This possible new purchase would be that of the Malaysian firm Proton as it is going through a less delicate economic situation. This firm is part of the DRB-Hicom group along with Lotus Cars, a brand that is also for sale.
At first, the one who wanted to take ownership of Lotus Cars was the Chinese house Geely. Volvo’s current parent was interested in getting hold of this mythical signature, as it could help it to improve its image in sports vehicles. However, the news has come that Geely could have put aside his interest in the mythical English house and it would now be the PSA Group who might be more interested in taking ownership of this brand.
<img data-attachment-id="7292" data-permalink="http://www.motors24x7.com/psa-group-being-behind-lotus-cars/lotus-3-eleven/" data-orig-file="htt Continue reading The PSA Group could be formally behind Lotus Cars