Geely buys Lotus, Lotus sold, Geely, Lotus, Elise, Torquing Cars

Geely – the Chinese auto manufacturer who owns Volvo and the London Taxi Company – has bought Lotus, the famed sports car brand from Hethel, England.  In a move worth £100 million, Geely Holding Group acquired 51% of Lotus, with Etika Automotive acquiring the remaining 49%.  In the same deal, … Read moreContinue Reading