Lotus Cars will be made in China by its two-year-old owner, Geeley, according to a Reuters’ report. It quoted Chinese job adverts and public planning notices in Wuhan, Central China which indicated a 150,000 models annually would be assembled in the new factory, possibly SUVs, but also derivatives of their classic sports cars currently assembled in Norfolk. A new study of 1500 motorists … [Read more...]
Breaking news: Lotus bought by Volvo parent
Geely has added Lotus to its portfolio of brands which already include Volvo and London Taxi Company. It has pledged to invest in the brand and raises the prospect of new British sports cars from Norfolk factory which has suffered from under-investment for decades while it has an enthusiastic following in the Far East. Geely's Volvo investment has transformed the Swedish-based car maker and … [Read more...]