{"id":15695,"date":"2015-04-24T16:49:09","date_gmt":"2015-04-24T08:49:09","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=15695"},"modified":"2015-12-08T16:03:27","modified_gmt":"2015-12-08T08:03:27","slug":"proton-aims-to-expand-in-china","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/proton-aims-to-expand-in-china","title":{"rendered":"Proton Aims To Expand In China"},"content":{"rendered":"
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Proton Holdings Bhd’s sports car subsidiary Lotus Group International Ltd aims to begin production of 30,000 Lotus cars in China this year, said Proton chairman Tun Dr Mahathir Mohamad.<\/p>\n
This follows the signing of a joint venture (JV) agreement among Proton, Lotus Group and China\u2019s Goldstar Heavy Industrial Co Ltd to further expand the presence of the Lotus brand in China.<\/p>\n
Dr Mahathir said Proton is hoping to tap into the world’s largest car market, where 22 million cars are sold annually.<\/p>\n
The group aims to build Lotus-branded cars in China for the China market, as well as for export to other countries.<\/p>\n