
Following the announcement that Dany Bahar has been suspended from his position as CEO of Lotus pending an investigation into irregularities, Proton has announced that the Norfolk car company will not be sold…for the time being.Lotus is owned by Malaysian company Proton, which is owned by Malaysian corporation DRB-Hicom, so ultimately the power to sell lies with the latter. However, it’s Proton that’s released the latest statement, aimed at dampening rumours that Lotus is about to be flogged off.”We acknowledge that Lotus can provide value to Proton. Lotus is an iconic brand with global presence and positioning, coupled with unsurpassed engineering expertise and a talented workforce,” says Proton chief exec Dato’ Sri Haji Mohd Khamil Jamil in the statement.






