Thursday, September 23, 2010

Proton to focus on turning around Lotus

KUALA LUMPUR: PROTON HOLDINGS BHD [] will concentrate on turning around the Lotus group and has no plans to dispose of the latter, even at any price, said its chairman Datuk Mohd Nadzmi Salleh

He said on Thursday, Sept 23 that Proton would continue to leverage on the branding and engineering capability of Lotus in a bid to strengthen the position of the Proton group as an automobile manufacturer.

'As the chairman of the group, I would say we have no intention to dispose of Lotus at this point in time. Of course, there are people who think we want to sell the company,' he said after the AGM.


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