Nother CarGuy

Chinese automaker Geely is expanding its portfolio. Not only does it produce cars under its own name, but it also owns Volvo, the London Taxi Company, and is in the process of launching the new Lynk & Co brand. And now it's bringing another couple of brands under its vast umbrella. Under a new deal announced today, Geely will acquire nearly half of DRB-HICOM's stake in Malaysian automaker Proton, and a majority of its ownership in British sports car manufacturer Lotus. The final terms are still being ironed out, and aren't expected to be announced until July. Unclear at the moment is whether Geely will be getting only half of the shares that DRB-HICOM holds in Proton and Lotus, or of the automakers altogether. However the arrangement looks poised to put Lotus under new ownership for the fifth time in the past three decades or so. The company founded by Colin Chapman became part of General Motors in 1986, was acquired by Romano Artioli of Bugatti fame in 1993, a...

The first teaser image of the brand new 2016 Proton Persona has dropped online, giving us a chance to see the Asia-exclusive model for the first time. Based around the existing  Proton Iriz , the new Persona isn't expected to be offered worldwide like the previous-gen model, which reached the shores of Britain and Australia, among others. Nevertheless, the  Malaysian company  has still worked to ensure it is a fitting successor with an updated design. From the teaser, the revised front fascia is in full view and looks dramatically different to the old car. A large lower grille is perhaps the stand out feature with lines that stretch out towards the bottom corners of the front bumper. Within the new bumper are different fog light clusters while the upper half of the front includes the unmistakable Proton badge, a thin horizontal grille and a set of simple yet stylish headlights. When the new Persona  launches , it is expected to be offered with 1.3-liter and 1.6-li...