Lotus reshuffles in the face of slowing sales and higher tariffs - NZ Autocar
1 Articles
1 Articles
Lotus reshuffles in the face of slowing sales and higher tariffs - NZ Autocar
Geely, which owns Lotus, is merging the UK-based sports car division with the Chinese ‘lifestyle’ electric car division. So it will once again be a single entity.The two have been separate since Geely spun off Lotus Technology and listed it on the stock market two years ago. Now Lotus Technology will buy out Geely’s controlling share of Lotus UK in a move “that will enable the company to integrate all businesses under the Lotus brand”.Read our r…
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