Proton unit Lotus turnaround on track, it seeks higher sales

PETALING JAYA: Proton Holdings Bhd’s performance car unit Lotus, which has received over £100mil in investment from parent DRB-Hicom Bhd since the takeover, is on a turnaround path with increased sales and production.

Global performance for 2013 was particularly strong especially in its home turf in the UK with an 86% increase in retail sales, while production of cars for global demand increased by 31% to 1,368 units from 1,038 units, pushing its waiting list to four months for customers.

Get 30% off with our ads free Premium Plan

Monthly Plan


Annual Plan


Billed as RM103.60/year

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Business , lotus


Next In Business News

HLI 2Q net profit up 39.4%
IEA on a mission to reinvent itself at 50
Co-labs to expand network
Sunway posts record high revenue for FY23
SunCon wins RM721mil contract
KLK redesignates Lee Oi Hian as executive chairman
Sunway optimistic of 2024 financial performance
Apex optimistic on healthcare growth prospects
Hong Leong Industries posts higher 2Q net profit of RM102.47mil
Sunway Construction bags contract worth RM720.98mil

Others Also Read