Tuesday 29 November 2011

Lotus could be profitable by 2013: Proton

Lotus Group International Ltd, Proton Holdings Bhd’s loss-making British sports-car unit, could be profitable as early as 2013, Proton Managing Director Syed Zainal Abidin Syed Mohamed Tahir told reporters today in Shah Alam, near Kuala Lumpur.

No management buyout is “in place” at Proton, Syed Zainal said. -- Bloomberg



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