Eterne one of five new models Lotus planned as part of now-scrapped product program.
Troubled British sports-car maker Lotus needs to secure £100 million ($155 million) in funding by early next year if it is to remain afloat, a Malaysian newspaper is reporting. The Business Times quotes DRB-Hicom Managing Director Khamil Jamil as saying Lotus needs the money by next March. Lotus is owned by Malaysian car company Proton, which in turn is owned by DRB-Hicom. Proton already has sent £100 million to Lotus this year after several banks cut their credit lines ...
Premium Content (PAID Subscription Required)
"Lotus Under March Deadline to Secure Funding" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.