Proton suspends chief of Lotus
Malaysian national car maker Proton has suspended the head of its loss-making British sports car maker Lotus.Proton says Lotus chief executive Dany Bahar has been suspended pending an investigation into a complaint about his conduct.
Proton's chairman Mohamad Khamil Jamil also said that conglomerate DRB-Hicom, which acquired Proton in a recent deal, would not sell Lotus as it can still provide value to Proton.
DRB-Hicom announced a 3 billion ringgit (£605 million) takeover of Proton in January.
Analysts said the deal might boost struggling Proton but losses at Lotus could hamper its turnaround.
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