National carmaker, Proton Holdings Bhd, plans to manufacture affordable Lotus cars in Malaysia probably in late 2007 or in 2008, its managing director Syed Zainal Abidin Syed Mohamed Tahir said.
"If everything goes on well, the affordable Lotus will be done and assembled in Malaysia. Both Lotus and Proton have agreed on the plan," he told reporters at a press conference to mark his 100 days as managing director.
He said Proton was currently identifying the specification for the car, platform to work with and the market to focus.
"This car could be priced around RM100,000 compared with the current Lotus car at between RM300,000 and RM400,000. It is a very expensive car (current Lotus). I think there is a big market for Lotus if it is within affordable range without compromising Lotus' quality," he said.
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