Latest in Tag: China carmaker Highlight

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Latest in Tag: China carmaker


China carmaker Geely secures stakes in Proton and Lotus

China’s Geely Group has stepped up its global expansion drive by buying into Malaysia’s troubled carmaker Proton. It also secured a huge stake in British automaker Lotus as part of the Kuala Lumpur investment.Chinese auto giant Geely on Wednesday announced it had bought a 49.9-percent stake in Malaysia’s carmaker Proton. As part of the deal, …

Deutsche Welle

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