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corozin

NEWS : VW to acquire Lotus?

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Seeing as though the head of Porsche and Volkswagen board member Wendelin Wiedeking has stated "no more toys", I can't see Lotus being kept, I reckon a management buy-out would be on the cards. At the very least Lotus Boss Mike Kimberley (who did briefly head Lamborghini) will be out on his ear very quickly.

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I don't know. Lotus is not only a "has seen better times" sports car maker with a gold-lined brand, but you also get Lotus Engineering as well, which is the real prize as they have just about the best chassis/dynamics engineers anywhere in the world.

 

As for Proton? Well it would give VAG a cheap way to expand production into Asia. I know no bugger buys them in Europe, but China, Korea and places like the Phillipines are full of them?

 

Sounds like a smart move in VAG's expansion plans to me

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You're spot on with the Asian production openings. VW is the largest volume player in China but is undersevere pressure, Proton I'm sure will give them other opportunities to exploit, I just wonder how many more brands they can take on

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