Market talk. I hear the Proton management, the same one that sold MV Agusta for 1 Euro, is planning to sell off Lotus. No, not for 1 Euro. Fact is, I didn't hear how much they want to sell off Lotus for.
Proton sold off MV Agusta on the pretense that the bike outfit wasn't part of its primary operation, which is to make cars. Ironically, BMW, which is also primarily a car manufacturer, paid close to RM500 million for MV Agusta.
The re-making of Saga. Expect the Proton chairman to deny this talk tomorrow (Friday, 18/1), a big day for the national car maker as it launches a remake of the Saga, its first model. The PM is scheduled to do the launch at the KL Convention Centre.
Thursday, January 17, 2008
Proton to sell Lotus?
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