Geely buys Lotus Cars – Dawn of a new era?
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 more
