Friday, April 15, 2011

Proton Secures Funding For Lotus Ambitious Plans


Just hours after being denied a loan by the UK goverment,Lotus has been given the funding it needs to fuel its revolution plans by none other than Proton,its parent company.The funding,of course is not directly from Proton them self,but is from a group of Malaysian Banks,namely CIMB Bank, Malayan Banking, Overseas-Chinese Banking Corporation, Export-Import Bank of Malaysia, Affin Bank and EON Bank.What this means is all the awe inspiring concepts showcased by Lotus during the Paris Autoshow,will be put to production.Looks like Lotus's five year turn around plan has taken a big step closer to reality,all the best Lotus.


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