Following the suspension of Lotus CEO Dany Bahar, Proton has issued a statement that says DRB-Hicom has no plans to sell the troubled automaker.

Following the suspension of Lotus CEO Dany Bahar, Proton has issued a statement that says DRB-Hicom has no plans to sell the troubled automaker.

According to the release, "We acknowledge that Lotus can provide value to Proton. Lotus is an iconic brand with global presence and positioning, coupled with unsurpassed engineering expertise and a talented work force."

While it is interesting to note the release came from Proton and not their parent company, DRB-Hicom, it appears Lotus' future is secure for now. However, it remains to be seen if DRB-Hicom is willing to invest the resources required to launch several new models including the Elan, Elite and Eterne.

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