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Home News Auto News Proton Enters Joint Venture With China's Goldstar Proton Enters Joint Venture With China's Goldstar Auto News Hans | June 30, 2015 11:24 am Proton has entered tripartite joint venture agreement with Britain's Lotus Group International Limited and China's Goldstar Heavy Industrial Co. Ltd. to produce Lotus-branded passenger vehicles in China.Proton's press release did not specify any particular model that will be produced under the joint venture, but they are likely to be Proton models rebadged as a Lotus. A similar arrangement already exists with another Chinese company, Youngman Automobile Group, which assembles and sells the Persona and Gen.2 in China as the Lotus L3 Sedan and L3 Hatchback respectively.Proton also did not explain what will happen to the partnership with Youngman, but sources in China have suggested that the agreement with Youngman has already expired and will not be renewed.Dato’ Abdul Harith Abdullah, Chief Executive Officer of Proton said, “The JV Agreement will see the establishment of a new JV Company for the purpose of undertaking research and development (R&D) activities in the use of efficient and advanced technology. The JV Company will then produce and sell Lotus branded passenger cars as well as provide after sales services in connection with its products in the People’s Republic of China."Proton also confirmed that Lotus will continue to manufacture its current range of Lotus sports cars (Evora, Exige and Elise) exclusively in Hethel, England. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Proton Print Related News Proton Expects Better Fortunes In 2016 Auto News Hans | June 30, 2015 2014 has been a washout year for Proton and 2015 isn't looking good for the national carmaker. Total sales for calendar year 2014 reached a new low ... 30 Years of Proton – Tracing Back To A Time When Malaysians Cheered For Proton Insights Hans | July 13, 2015 Proton, that one word which mere mention in any headline on any publication will elicit strong, emotionally charged responses, be they for or against ... Remembering The Late Datuk Gurcharan Singh – A True Malaysian Who Made Proton A Success In The ‘80s. Insights Hans | October 22, 2020 On this day 30 years ago, Tun Dr. Mahathir launched the first Proton Saga. The first production Saga, bearing registration number Proton 1 was given ... Proton: Overcoming The ‘Kereta Tin Milo’ Stigma Insights Hans | September 29, 2015 ‘Kereta tin milo,’ or Milo tin car, is a derogatory remark that is commonly used by Malaysians to describe cars with shoddy body strength. It was ... Comments
Proton Enters Joint Venture With China's Goldstar Auto News Hans | June 30, 2015 11:24 am Proton has entered tripartite joint venture agreement with Britain's Lotus Group International Limited and China's Goldstar Heavy Industrial Co. Ltd. to produce Lotus-branded passenger vehicles in China.Proton's press release did not specify any particular model that will be produced under the joint venture, but they are likely to be Proton models rebadged as a Lotus. A similar arrangement already exists with another Chinese company, Youngman Automobile Group, which assembles and sells the Persona and Gen.2 in China as the Lotus L3 Sedan and L3 Hatchback respectively.Proton also did not explain what will happen to the partnership with Youngman, but sources in China have suggested that the agreement with Youngman has already expired and will not be renewed.Dato’ Abdul Harith Abdullah, Chief Executive Officer of Proton said, “The JV Agreement will see the establishment of a new JV Company for the purpose of undertaking research and development (R&D) activities in the use of efficient and advanced technology. The JV Company will then produce and sell Lotus branded passenger cars as well as provide after sales services in connection with its products in the People’s Republic of China."Proton also confirmed that Lotus will continue to manufacture its current range of Lotus sports cars (Evora, Exige and Elise) exclusively in Hethel, England. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Proton
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
Proton Expects Better Fortunes In 2016 Auto News Hans | June 30, 2015 2014 has been a washout year for Proton and 2015 isn't looking good for the national carmaker. Total sales for calendar year 2014 reached a new low ...
30 Years of Proton – Tracing Back To A Time When Malaysians Cheered For Proton Insights Hans | July 13, 2015 Proton, that one word which mere mention in any headline on any publication will elicit strong, emotionally charged responses, be they for or against ...
Remembering The Late Datuk Gurcharan Singh – A True Malaysian Who Made Proton A Success In The ‘80s. Insights Hans | October 22, 2020 On this day 30 years ago, Tun Dr. Mahathir launched the first Proton Saga. The first production Saga, bearing registration number Proton 1 was given ...
Proton: Overcoming The ‘Kereta Tin Milo’ Stigma Insights Hans | September 29, 2015 ‘Kereta tin milo,’ or Milo tin car, is a derogatory remark that is commonly used by Malaysians to describe cars with shoddy body strength. It was ...