Lotus looking to build cars in China - report

Lotus looks likely to start manufacturing vehicles at a huge new factory in China, according to overseas reports. Reporting from newswire Reuters has revealed a US$1.3 billion factory is being readied in Wuhan Province, as Zhejiang Geely Holding Group gets its hands dirty in search of greater volumes and, subsequently, profits from the storied brand. The factory plans were uncovered in previously-unreleased government documents, backed by a number of job postings in the relevant area.

Comments

Popular posts from this blog

JLR: Consumer confidence on the rise post-election

Teacher accused of using rented Toyota Supra for land-speed record attempt

Honda confirms NSX successor in the works

Donald Trump’s Lamborghini Diablo sets new auction price record

How many cupholders are too many? | Drive Flashback

New Norweld tray revealed for popular utes

Tesla cars to be banned from Chinese government buildings amid security fears — report

Which country has the most electric cars in the world?

Europe’s vehicle emissions haven’t changed in more than a decade, say officials

2024 Toyota LandCruiser 70 Series facelift spy photo