VW stake in Proton

Anything goes in here.....
Post Reply
User avatar
David Bryce
Posts: 593
Joined: Thu Oct 12, 2006 12:13 pm
Location: Edinburgh
Contact:
Contact David Bryce

VW stake in Proton

Post by David Bryce » Tue Jan 30, 2007 2:41 pm

don't know if this is old news or not:

A majority stake in Proton is to be sold to Volkswagen, according to Asian business reports, passing control not only of the Malaysian state-owned car-maker to VW, but also of British sports car-maker Lotus.

Autocar's sources suggest that VW is to take a 51 per cent stake in Proton, which it will confirm in an announcement to the press on February 8. Proton, in turn, has owned an 80 per cent stake of Group Lotus, the company within which Lotus Cars operates, since 1996. The sale would therefore leave Hethel's best-known brand firmly under the control of Wolfsburg from now on.
Top
User avatar
GregR
Posts: 6933
Joined: Tue Oct 18, 2005 1:45 pm
Location: Edinburgh

Post by GregR » Tue Jan 30, 2007 2:46 pm

yeah - has been mentioned on a number of forums before. Difficulties discussed already include the Esprit, and how that will fit into a company with a portfolio including the R8 and Lamborghini.
Ferrari 458
Porsche 993 C2
Disco V
Top
User avatar
MacK
Posts: 2071
Joined: Mon Sep 19, 2005 3:27 pm
Location: Edinburgh

Post by MacK » Tue Jan 30, 2007 2:53 pm

Not to metion Porsche having a stake in VW.
Last edited by MacK on Tue Jan 30, 2007 5:22 pm, edited 1 time in total.
Green Subaru Impreza Turbo, a 'classic'.

Silver Jeep Cherokee 2.5 TD, on SORN spec...

Black Disco 3, black van man spec...
Top
User avatar
MacK
Posts: 2071
Joined: Mon Sep 19, 2005 3:27 pm
Location: Edinburgh

Post by MacK » Tue Jan 30, 2007 3:00 pm

shooomer wrote:
MacK wrote:Not to metion Porsche having a take in VW.
Then there's also S2 Elise/Cayenne implications :lol:
There's only one reply that can be given to that.







:finger
Green Subaru Impreza Turbo, a 'classic'.

Silver Jeep Cherokee 2.5 TD, on SORN spec...

Black Disco 3, black van man spec...
Top
User avatar
simon
Site Admin
Posts: 4970
Joined: Wed Mar 09, 2005 10:36 pm
Location: Carnoustie
Contact:
Contact simon

Re: VW stake in Proton

Post by simon » Tue Jan 30, 2007 4:39 pm

David Bryce wrote:A majority stake in Proton is to be sold to Volkswagen, according to Asian business reports, passing control not only of the Malaysian state-owned car-maker to VW, but also of British sports car-maker Lotus.
The latest rumour was that GM were going to be buying a stake so don't believe anything until it's confirmed ;)
Top
User avatar
Tom
Posts: 3220
Joined: Mon Mar 06, 2006 5:50 pm
Location: UK

Post by Tom » Tue Jan 30, 2007 5:18 pm

shooomer wrote:
MacK wrote:Not to metion Porsche having a take in VW.
Then there's also S2 Elise/Cayenne implications :lol:
:damnfunny :damnfunny :damnfunny :damnfunny
1995 Volvo 940SE Estate
Top
User avatar
campbell
Posts: 17339
Joined: Sat Mar 25, 2006 12:42 pm
Location: West Lothian
Contact:
Contact campbell

Post by campbell » Wed Jan 31, 2007 11:08 am

Just doing a bit of cross-posting to bring communities together...here is the Golf GTi forum take on the same story ;-)

http://www.forum.golfgti.co.uk/index.php?topic=53747.0
Top
Post Reply

Return to “General Chat”