Geely Readies Cash Dump to Turn Little Lotus Into a Major Player: Report

Zhejiang Geely Holding Group, the massive Chinese conglomerate that owns Volvo Cars and a controlling stake in Lotus, wants to turn the British sports car maker into a big deal. Potentially, a deal big enough to give Porsche bouts of anxiety. That's what sources with knowledge of Geely's plans tell Bloomberg. The parent company's efforts […] The post Geely Readies Cash Dump to Turn Little Lotus Into a Major Player: Report appeared first on The Truth About Cars. from The Truth About Cars https://ift.tt/2JU9HQx