Volkswagen buys Proton, Lotus
Proton and Lotus has jumped onto the [I]wagen[/I] with Audi, Bentley, Lamborghini, Seat, Skoda and Bugatti. Volkswagen has bought a controlling stake (51 percent) in Proton. An official annoucement is expected on 8 Feb. General Motors had earlier been linked to a deal involving buying a controlling stake in Proton and Lotus (which is owned by Proton), but it seems that the VeeDub has beaten it to securing the deal.

OneShift Editorial Team
28 Jan 2007
Credits: triggerpuff


Sell your car at the highest price in Singapore
Get the Best Price for your used car
from 500+ dealers in 24 hours
Other Articles
Explore moreBYD Chooses Shanghai Auto Show To Debut 6 New Models
2 concepts, 2 PHEVs and 2 EVs revealed - all bases covered!
XPENG's 5C Supercharging AI Battery Tech Delivers 420km Range In 10 Minutes
It’s just one of many XPENG highlights at Shanghai Auto Show.
Yokohama Introduces New EV-Centric Tyre At Dealer Appreciation Event
Awards were also given to top dealers at YHI Dealers’ Night.

Sell your car at the highest price in Singapore
- Convenient and Hassle-Free
- Consumer Protection
Transparent Process
With No Obligation
Related Articles
Porsche Panamera Turbo S E-Hybrid And Panamera GTS Revealed
Deliveries in Singapore will commence towards the end of 2024.
Local News
4-Seater Lexus LM 500h Launched In Singapore
Occupants get to enjoy noise reduction technology and a retractable glass partition with dimming function - now that’s ultra luxury.
Local News
All-New Skoda Kodiaq Is More Spacious Than Ever
Flagship SUV is also sleeker, more efficient and better equipped than its predecessor.
Local News