GM Back in Talks With Lotus Parent Company Proton
General Motors is reviving negotiations that were scrapped back in 2007 with Lotus parent company Proton Holdings, Malaysia’s biggest auto manufacturer. Both brands are looking to form a manufacturing venture in the Southeast Asian country.
A collaboration between the two parties would probably be mutually beneficial, with GM getting access to Proton’s production in Southeast Asia while Proton would be able to take advantage of GM’s technologies to boost their exports.
Proton Holdings is a government-linked company (GLC) with the majority of its equity owned by a government-owned company named Khazanah Nasional Berhad. Ever since an unsuccessful relationship with Mitsubishi ended in 2004, the Malaysian government has been seeking a partner for Proton.
[Source: Bloomberg]
Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at AutoGuide.com saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.
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