Geely captured the Lotus brand
Just after possessing bought the Swedish manufacturer Volvo in 2010, the Chinese enterprise Geely Holding has turn out to be majority owner 51% of Lotus.
The renowned English brand, founded in 1952 by Colin Chapman, has produced its mark in racing, specially in Formula A single. She also made the effectively-recognized road vehicles, which includes Spirit, Elan and Elise. At the moment, there are 4 models to low diffusion or the Elise, Exige, three-Eleven and the Evora.
Lotus exchange owner quite a few instances in its history, the final getting Proton, a Malaysian manufacturer. Geely would also purchaser of Proton 49.9%.
Founded in 1983, the brand Proton initially assembled the vehicles developed by Mitsubishi. The incredibly very first vehicle made in Malaysia was the Proton Saga, a clone of the Mitsubishi Mirage. In Canada, the exact same vehicle was recognized as getting the Dodge Colt and Plymouth Colt.
With Volvo, Lotus, Proton and LYNK CO, Geely group expands. In addition to its personal variety of cars, the manufacturer now has a luxury brand, a brand of sports, a brand of inexpensive cars and a brand leveraging carsharing cars.