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Report: Geely, PSA Vying for Stake in Lotus and Parent Company Proton

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Old 02-21-2017, 10:00 AM
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Nelson
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Default Report: Geely, PSA Vying for Stake in Lotus and Parent Company Proton

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 […]
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