UK: Lotus to can 2002 M250 launch - FT
Group Lotus, the Norfolk, UK-based specialist sports car maker and engineering consultancy owned by Malaysia's Proton, will this week axe next year's new sports car launch, the Financial Times reported. Instead, the M250 model, previously displayed at motor shows, for which Lotus holds 1,500 advance deposits, is to be redesigned for the U.S. market.
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