Report – Geely might have another British brand – Lotus image

The Chinese automaker Geely is apparently looking to buy another automotive brand from the British Islands – Lotus, which could join the Swedes from Volvo and the equally British London Taxi Company.

Chinese auto giant Geely has been falling out of the spotlight due to the success story of Volvo – but the company put itself back in the news with the surprise introduction of the new Lynk and Co. brand. The Chinese firm also took home Volvo back in 2010 and the London Taxi Company in 2012. While Lynk and Co. is arguably the most forward thinking of the lot, they could face internal “competition” from the sports oriented Lotus. According to the latest rumor off the mill Geely is interested in acquiring Lotus. The British manufacturer was proposed for sale early September, with Lotus CEO Jean-Marc Gales looking to mend the company’s financial hardships.

The new Evora 400 is only the first in many new vehicles expected from the brand – which should also come up with an entirely new architecture for the Evora and Exige. The marquee has been owned by Proton since 1996, but for now both companies are keeping any potential talks a secret – though we expect more rumors on the matter in the months to come.

Via Road & Track