BEIJING -- Zhejiang Geely Holding Group is considering an investment of at least 1.5 billion pounds ($1.9 billion) to revive the British brand Lotus, according to people familiar with the matter.
BEIJING -- Zhejiang Geely Holding Group is considering an investment of at least 1.5 billion pounds ($1.9 billion) to revive the British brand Lotus, according to people familiar with the matter.
Despite discounts by automakers such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.