Latest News

Seow Yaohan | May 2, 2012
Lotus Cars is ready to restore full car production from May, having secured sufficient financing from new Proton owners DRB-Hicom. Production at Hethel assembly plant is expected to return to the rate of 44 cars per week. With the financing tap now open, Lotus ...
Seow Yaohan | April 19, 2011
Lotus, a wholly-owned subsidiary of Proton, has secured £270 million (RM 1.33 billion) in financing—part of the £480 million (RM 2.36 billion) five-year transformation plan embarked on by the British sports car manufacturer. Signed at the Proton Centre of Excellence Complex ...
Seow Yaohan | March 1, 2011
Proton has reported a loss of RM 52 million in the third quarter of the 2010/11 financial year, in contrast to the RM 81 million profit in the preceding quarter. Our national car maker cited lower domestic ...
Seow Yaohan | January 21, 2011
Proton is in the midst of raising 2.35 billion ringgit or 480 million pounds required for the five-year transformation plan Group Lotus is embarking on. Most of the financing would be in the form of bank loans borrowed by Proton on behalf of ...
Seow Yaohan | December 27, 2010
Lotus, a subsidiary of Proton, has released a batch of new photos of its future models: the Esprit, Elan, Elite and Elise. All six all-new models unveiled at the Paris Motor Show, including the Eterne and the City Car, will be ...
Seow Yaohan | December 17, 2010
The Proton Emas and Lotus City Car concept cars have been confirmed for production, according to Lotus CEO Dany Bahar who spoke to Car Magazine. Three companies—Proton, Lotus and another undisclosed party—will work together to produce three versions of the supermini. Proton will sell ...
Seow Yaohan | November 29, 2010
Proton has seen a quarterly profit before taxation (PBT) drop to RM 81 million from RM 105 million in the preceding quarter. For the first half of its 2010/11 financial year, however, the profit before taxation has increased to RM 186 million ...
Seow Yaohan | October 5, 2010
If the £110K Lotus Esprit launched at the Paris Motor Show is too pricey, there is the Lotus Elan, which also goes on sale in 2013 but with a £75K price tag. Positioned against the Porsche ...
Seow Yaohan | October 3, 2010
This is the 2015 Lotus Eterne, a four-door, four-seater sports sedan currently on show at the Paris Motor Show. Set to rival the Aston Martin Rapide and Porsche Panamera at an estimated price around £120K, the Eterne is ...
Seow Yaohan | October 1, 2010
Spearheading Lotus' charge into a new future is the company's new mid-engined flagship, the new Lotus Esprit, a tribute to the iconic Esprit of old. Unveiled for the first time at the ongoing Paris Motor Show, the ...
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