Malaysian news station NTV7 are reporting that DRB-Hicom is set to invest more than RM491 MLN (£100m) in Group Lotus plc in order to keep the British sports car maker afloat – with a view to return the company to an profit by 2014.
Although no further details are given about the companies future model range the piece also states that in the past 2 months DRB-Hicom have cut the operating costs of Lotus from over £7m a month to just over £5m.
Source: NTV7 – DRB-HICOM TO PUMP IN RM491 MLN INTO LOTUS
Discussion: SELOC Chat – Lotus future by DRB Hicom