Malaysian auto maker Proton Holdings Bhd and its wholly owned British sports-car maker Lotus Group International Ltd. plan to develop small cars for the global market, with the first release likely in 18 to 24 months. Proton Chairman Nadzmi Salleh tells a news conference the new proposal is part of a 5-year plan to turn Group Lotus Plc into a profitable company. The Business Times say Lotus will develop a 3-door sports car for the global market, while Proton will produce a 5-door compact ...
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