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...

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