Proton and Lotus have signed a joint-venture agreement with Goldstar Heavy Industrial Co. Ltd. which paves the way for Chinese production.

Proton and Lotus have signed a joint-venture agreement with Goldstar Heavy Industrial Co. Ltd. which paves the way for Chinese production.

Designed to "accelerate the development of Lotus cars in the premium sports segment in China," the agreement calls for the establishment of a new joint-venture company that will build and sell Lotus models in China.

In a statement, Proton CEO Dato’ Abdul Harith Abdullah said “The automotive market in China is the single largest in the world today, and is still growing, therefore it is only natural for an established iconic company like Lotus to embark upon the possibility of expansion, venture into the market and seek the available opportunities, in light of the keen interest shown by the many enquiries received thus far."  He went on to say "It is very difficult to ignore the market and Lotus will fill the gap in providing a lifestyle alternative to the growing demands of the affluent and market conscious local community."

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