Shanghai (Gasgoo)-On June 23, Zhejiang Geely Holding signed an agreement with DRB-HICOM to purchase Proton Auto’s 49.9% shares, becoming the exclusive foreign strategic partner of Proton Auto. One hundred days later on Sept. 29, the both sides held a joint media conference to announce new executive team for Proton and the future products plan. During the conference, Geely also officially announced that it purchased 51% shares of Lotus, which is British luxury roadster brand under Proton Auto. During the day, Lotus’s new board of directors was also established. Li Donghui, Executive Vice President and CFO of Geely Holding, served as the Chairman of Lotus’ new board of directors. Nathan Yu Ning, who is the Vice President of International Business and Executive Advisor to the President at Geely Holding, was appointed as member of board of directors. Jean-Marc Gales, CEO of Lotus will continually stay in his position. According to Geely’s strategy, it will compete with Porsche.
Viendo lo bien que están manejando Volvo, pues a lo mejor.
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