If you call that saved? 
The Chinese poke about with lots of companies and don’t follow through (having been close to various deals).
Ian
[quote=IDG]Car maker Lotus in talks on sale to China, MP reveals - BBC News
If you call that saved?
The Chinese poke about with lots of companies and don’t follow through (having been close to various deals).
Ian [/quote]
Yep the SAAB - Youngman deal didn’t end happy ever after
Hmmm no suprise really, the way it was being set up was to appeal to the status demanding nuvo rich Chinese. Hence all the blah blah marketing, you cant argue that Lotus’s profile is quite high right now.
SAAB deal failed because GM didnt want the Chinese to get all the intellectual property rights held by SAAB … so they killed it.
maybe they’ll move manufacturing out there 
The article suggests not.
All seems a bit speculative to me…but see THIS THREAD for some previous thoughts
Rotus? Doesn’t sound too good to me
Rotus? Doesn’t sound too good to me [/quote]
PMSL
Only new thing I learned from that article was the involvement of KPMG.
This as in a previous article almost word for word:
“As of today, DRB-Hicom has identified one of Proton’s senior management personnel to take up a position in Lotus Group in an effort to strengthen its management,” it said."
and I did wonder whether this was a slight pop at the current Lotus management with DRB-Hicom identifying a weakness or whether they just wanted a man on the inside to report back to them.