Lotus' new parent company, DRB-Hicom, could be looking at putting the brand into administration to free itself from approximately £200 ($317) million worth of debt.

Lotus' new parent company, DRB-Hicom, could be looking at putting the brand into administration to free itself from approximately £200 ($317) million worth of debt.

While that's just one scenario on the table, Autocar is reporting DRB-Hicom is also considering selling Lotus to former Saab bidder Zhejiang Youngman Lotus Automobile. This seems plausible since the company has been Lotus' Chinese importer since 2006.

On the other hand, the recent breakup between the Lotus F1 team and Group Lotus has fueled speculation that team's owner, Genii, is considering buying the automaker. When asked about that possibly, Genii's Gerard Lopez said "We don't know yet, because we really do not know what the new owner wants to do with it."

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