Volkswagen: Buying major stake in Proton and Lotus

I don't know how many times this headline already came up in the last few months, but now it looks like Volkswagen is really going to buy a major stake in Proton and even Lotus.

China-based news agency XFN Asia is reporting that Volkswagen has agreed to purchase a majority 51 percent stake in ailing Malaysian carmaker Proton. The as-yet-unconfirmed deal would provide Volkswagen with control of British-based sports-car maker Lotus, a Proton property.

Related news: GermanCarBlog, P4MR, Volkswagen

Source: Inside Line

Volkswagen: Buying major stake in Proton and Lotus

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