Proton, who owns British car-company Lotus, has said in a statement that it won’t sell the Norfolk-based marque, despite the recent news regarding CEO Dany Bahar being suspended due to irregularities.
"We acknowledge that Lotus can provide value to Proton. Lotus is an iconic brand with global presence and positioning, coupled with unsurpassed engineering expertise and a talented workforce," says Proton chief executive Dato' Sri Haji Mohd Khamil Jamil.
So the signs are good, but surely with the current issues with Lotus the bad PR is something Proton won’t appreciate. Is Lotus still a viable car finance business for Proton, and will they want to get rid as soon as they can?
Worrying times for the Lotus lads.