+ Reply to Thread
Results 1 to 8 of 8
Like Tree4Likes
  • 1 Post By rikgray
  • 2 Post By CoolTech
  • 1 Post By Red_5

Thread: And you thought Lotus was British

  1. #1
    Member
    Join Date
    Sep 2016
    Posts
    47
    Liked
    34 times

    Default And you thought Lotus was British

    Geely of China buys Lotus for L100M

    https://paultan.org/2017/05/24/drb-h...ive-to-buy-49/
    Olitho likes this.

  2. #2
    Administrator ucfbrett's Avatar
    Join Date
    Jan 2009
    Location
    Ventura, Calif.
    Posts
    5,495
    Liked
    2280 times

    Default

    100 million pounds for an entire car company seems like a bargain.

  3. #3
    Senior Member fatbillybob's Avatar
    Join Date
    Sep 2008
    Location
    by the beach
    Posts
    1,948
    Liked
    1555 times

    Default

    Quote Originally Posted by ucfbrett View Post
    100 million pounds for an entire car company seems like a bargain.

    But it is Lotus... But for a few shining moments the company has produced mostly junk.

  4. #4
    http://www.trackhq.com/Banners/yellowsitesponsor.gif Blackbird's Avatar
    Join Date
    Apr 2012
    Location
    Northridge
    Posts
    2,232
    Liked
    1932 times

    Default

    Some of those shining moments were really shiny!

  5. #5
    Administrator ucfbrett's Avatar
    Join Date
    Jan 2009
    Location
    Ventura, Calif.
    Posts
    5,495
    Liked
    2280 times

    Default

    Quote Originally Posted by fatbillybob View Post
    But it is Lotus... But for a few shining moments the company has produced mostly junk.
    You raise a valid point, but you couldn't start a Lotus Motor Car Company for $100 million. The objective would be to buy it and not make junk.

  6. #6
    Senior Member
    Join Date
    Mar 2017
    Posts
    140
    Liked
    20 times

    Default

    It was "only" 65 Million US dollars for Geely to buy lotus(51%). Actually I think it's a real bargain for Geely. They built a sports car like 20 years ago, which had very poor handling.
    Now they want to buy a real sports car company to restart the business.
    VA(15) STI/FRS

  7. #7
    Senior Member
    Join Date
    Apr 2017
    Posts
    123
    Liked
    60 times

    Default

    Somehow, "Why do the Chinese drink warm beer?" just doesn't have the same resonance.
    ucfbrett and bawareca like this.

  8. #8
    The Real Captain Slow Red_5's Avatar
    Join Date
    Dec 2008
    Location
    Santa Barbara
    Posts
    4,209
    Liked
    714 times

    Default

    Quote Originally Posted by ucfbrett View Post
    100 million pounds for an entire car company seems like a bargain.
    They aren't collecting any of your personal information so their value isn't much these days.
    Olitho likes this.
    99 Mazda Miata SuperMiata #515 - AKA Sparky SOLD
    '91 Mariner Blue Miata project AKA Napoleon

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts