GROUP Lotus, the British sports car manufacturer and engineering consultant owned by Perusahaan Otomobil Nasional Bhd (Proton), is back on track after going off course with financial woes over the past two years.
“We’ve cut all our losses in 2002. Lotus is faring all right,” Proton chief executive officer Tengku Tan Sri Mahaleel Ariff told StarBiz after signing a sponsorship agreement with English First Division Norwich City Football Club on Tuesday.
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