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And you thought Lotus was British

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  • And you thought Lotus was British

    Geely of China buys Lotus for L100M

    https://paultan.org/2017/05/24/drb-h...ive-to-buy-49/

  • #2
    100 million pounds for an entire car company seems like a bargain.
    www.TrackHQ.com

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    • #3
      Originally posted by ucfbrett View Post
      100 million pounds for an entire car company seems like a bargain.

      But it is Lotus... But for a few shining moments the company has produced mostly junk.

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      • #4
        Some of those shining moments were really shiny!
        Moti

        Blackbird Fabworx - Quality Performance Fabrication

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        • #5
          Originally posted by fatbillybob View Post
          But it is Lotus... But for a few shining moments the company has produced mostly junk.
          You raise a valid point, but you couldn't start a Lotus Motor Car Company for $100 million. The objective would be to buy it and not make junk.
          www.TrackHQ.com

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          • #6
            It was "only" 65 Million US dollars for Geely to buy lotus(51%). Actually I think it's a real bargain for Geely. They built a sports car like 20 years ago, which had very poor handling.
            Now they want to buy a real sports car company to restart the business.
            VA(15) STI/FRS

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            • #7
              Somehow, "Why do the Chinese drink warm beer?" just doesn't have the same resonance.

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              • #8
                Originally posted by ucfbrett View Post
                100 million pounds for an entire car company seems like a bargain.
                They aren't collecting any of your personal information so their value isn't much these days.
                99 Mazda Miata SuperMiata #515 - AKA Sparky SOLD
                '91 Mariner Blue Miata project AKA Napoleon

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