Archive for the ‘Proton’ Category

AIMS 2012 gallery: Best of the rest

To close out our 2012 Australian International Motor Show coverage we bring you the highlights and lowlights from the rest of the manufacturers on show. Our top three highlights: Ford Evos concept—stunning lines Kia Track’ster—actually very, very cool Subaru BRZ by Possum Bourne Motorsport—track cred for the BRZ Our top three lowlights Holden Malibu—return to […]

Proton denies Lotus sale rumours

Following the Malaysian Government’s move to offload its stake in Proton to DRB-Hicom the car maker is denying the inevitable rumours that it wants to sell iconic sports car maker Lotus. Proton has released an official statement, which reads in part: “We are aware of the many concerns of the different parties related to Proton—especially […]

Malaysian Government sells its share in Proton

News reports tell us the Malaysian Government has sold its stake in Proton for a reported AU$401m. An announcement on the implications for Lotus, owned by Proton, is expected in the next 24 hours or so. Khazanah Nasional, the state owned investment company, sold its 42.7% share in Proton Holdings to DRB-Hicom, which has also […]