07-27-2012, 12:23 AM #1
Volkswagen considering acquisition of Lotus?
Lotus had some very big plans with planned expansion of the model lineup. Those plans fizzled (no surprise really) as they were far too ambitious and expensive. Proton currently owns Lotus so VW would have to consider either a minority or majority stake in the Malaysian company to have any control over Lotus. Volkswagen is flush with cash and is seeking world domination but going after Lotus might just be a waste of resources. The idea is likely to get control of Proton for Asian vehicle production with Lotus just being a part of a larger puzzle. If anyone could turn Lotus around though, it would be VW.
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