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Showing posts from September 30, 2017

The 2026 Dodge Charger Sixpack Unveiled with R/T and Scat Pack Trims | $...

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ZHEJIANG GEELY HOLDING GROUP COMPLETES GROUP LOTUS PLC TRANSACTION

• Geely Holding and Etika Automotive Announce Joint Board • Mr. Daniel Donghui Li appointed Chairman of Lotus Board • Mr. Jean-Marc Gales to continue in his role as CEO September 29th, Kuala Lumpur. Zhejiang Geely Holding Group (Geely Holding) today completed the transaction to purchase a majority stake in the British luxury sports brand Lotus.  Geely Holding now owns a majority stake of 51% in Lotus Advance Technologies Sdn Bhd (Lotus) with a minority 49% being held by Etika Automotive (Etika), a Malaysian automotive group. Company Structure With the transaction completed, the Board of Directors for Lotus has been formally established, consisting of five seats of which three are appointed by Geely Holding and two are appointed by Etika. Under this structure, Geely Holding has appointed Geely Holding’s Executive Vice President and Chief Financial Officer, Mr. Daniel Donghui Li as Chairman of the Lotus Board. Mr. Feng Qing Feng, Geely Auto Vice Presi...

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When we think of dream cars, our minds often race to sleek designs, innovative technology, and that unmistakable feeling of pure, unbridled passion. The GM-X Stiletto encapsulates all of these elements and more, making it a worthy contender in our top ten list. Ranked at number nine, this concept car from 1964 remains a beacon of automotive ingenuity and a symbol of a bygone era that continues to inspire. A Journey Back to the Jet Age To fully appreciate the GM-X Stiletto, we must travel back to the 1950s and '60s, a time when America was captivated by the future. The jet-age was in full swing, and cars were designed with a sense of bold optimism. Under the visionary leadership of Harley Earl and Bill Mitchell, General Motors created vehicles that mimicked the sleek lines and advanced technologies of jet aircraft. The GM-X Stiletto, born in 1964, was a product of this era's boundless imagination. The Visionary Design The GM-X Stiletto was first unveiled at the 1964-1965 World’s...

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