China’s Geely completes acquisition of Lotus

2018 Lotus Evora GT430Zhejiang Geely Holding Group in May agreed to purchase 51 percent of Lotus, giving the Chinese automaker a sports car brand to sit alongside its other brands which include the likes of Volvo, Lynk & Co. and Geely. Geely Holding on Friday closed the deal which sees the remaining 49 percent of Lotus go to Malaysian supplier Etika Automotive...

Comments

Post a Comment

Popular posts from this blog

Opinion: The best and worst things I’ve seen this week: 29 September 2017

Image
These two Alpine models: Forget vintage Ferraris, with an embarrassment of riches I’d head straight to Alpine for a classic. Either the Le Marquis prototype or the one-off Meyrignac wedge will do. Or both. With such a rich history of stunning cars, the revived Alpine has plenty to go on for its future cars. Behind-the-scenes glimpses and other observations from the last seven days around the car industry You'd think that in the same week as Dyson announced that it is to produce an EV , with unconfirmed whispers of the design being Chris Bangle's return to glory, that would have made it into the list. But seeing as we haven't seen it yet, and don't have a single clue what it'll look like, I thought it best to hold fire until there's at least an inkling of its look. Still, there have been plenty of other things this week that have caught my eye, and not all of them good. Here's the five best and one worst thing I've happened across this week. The best...
Read more

Skoda Kodiaq GT: Chinese-market SUV-coupe leaked online

Image
Source: CarNewsChina Five-seat coupé version of Skoda's largest SUV has been leaked ahead of its debut at September's Chengdu motor show Pictures and details of the forthcoming Skoda  Kodiaq  GT have been leaked online ahead of the car's debut at the Chengdu motor show in September. The five-seat coupé version of Skoda's largest SUV follows in the tracks of the Audi Q8 , BMW X6 and X4 and Mercedes-Benz GLC Coupé and GLE Coupé , but at a significantly lower price point. Design changes over the regular Kodiaq include new bumpers and tail-lights, wider rear wheel arches, dual tail-pipes and, of course, a tapered roofline featuring a small spoiler. The Kodiaq GT will be manufactured for the Chinese market by joint venture SAIC-Volkswagen in Shanghai. It will go on sale by the end of the year, reports CarNewsChina , priced from around CNY220,000 (around £24,500). In the UK, the regular Kodiaq is priced from £21,895. Leaked figures suggest that the K...
Read more