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 […]
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 […]
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 […]