Chinese automaker Geely Holding will buy a 49.9 percent stake in struggling carmaker Proton from Malaysian conglomerate DRB-Hicom. Geely will also acquire a 51 percent share in UK sports automaker Lotus from Proton.
Chinese automaker Geely Holding will buy a 49.9 percent stake in struggling carmaker Proton from Malaysian conglomerate DRB-Hicom. Geely will also acquire a 51 percent share in UK sports automaker Lotus from Proton.