Geely to take control of Lotus from Proton
Posted: Wed May 24, 2017 5:48 pm
Another new "owner" - http://www.bbc.com/news/business-40025275
The complete information source for Lotus Elan sportscars.
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vincereynard wrote:Certainly a novel interpretation of simplify and add lightness.
vincereynard wrote:Certainly, what the world needs now is another 2 ton lumbering parking space blocker!
With the added value of being built in that world renowned centre of automotive excellence China. Super!
In the late 1950s and early 1960s, it was hard to see how Japan could rise to the top of the automotive world. After the Second World War, the Japanese car industry was crippled by the destruction of the nation?s infrastructure and weak demand. Toyota almost went bankrupt in 1949. In 1950, its production was limited to 300 vehicles.
Back then, Japanese car makers were known mainly for their habit of ripping off designs from other manufacturers. Toyota?s first passenger car, the 1936 Model AA, was a blatant copy of Dodge and Chevrolet designs, and some parts could actually be interchanged with the originals.