Proton unit Lotus turnaround on track, it seeks higher sales


PETALING JAYA: Proton Holdings Bhd’s performance car unit Lotus, which has received over £100mil in investment from parent DRB-Hicom Bhd since the takeover, is on a turnaround path with increased sales and production.

Global performance for 2013 was particularly strong especially in its home turf in the UK with an 86% increase in retail sales, while production of cars for global demand increased by 31% to 1,368 units from 1,038 units, pushing its waiting list to four months for customers.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Business , lotus

   

Next In Business News

Goldman Sachs profit surges as investment banking, trading fuel bumper quarter
JPMorgan earns biggest-ever annual profit as investment bankers ride rebound
MAHB takeover offer deadline extended to Jan 24
Southern Score Builders secures RM78mil detention pond project in KL
Petros and Sarawak commit to collaborate with federal govt and PETRONAS for smooth execution
Ringgit advances against US dollar at the close
F&N well-capitalised to manage rising energy and wage costs, says CEO
AZRB appoints new CEO and COO
Exsim Hospitality's strategic collaboration in Ipoh
Uzma launches high-resolution earth observation satellite

Others Also Read