House of Commons Debate on Group Lotus situation
02 May 2012
MIA members may be interested to read the House of Commons debate of April 24th, raised by Richard Bacon MP for South Norfolk, on the future of Group Lotus, following the Malaysian Government’s sale of its stake in Lotus’s parent company, Proton Holdings, to Malaysian firm, DRB-HICOM.
This sale has raised concerns regarding the loss of an iconic British Brand and the potential relocation of the manufacturer’s facilities to China, and subsequent loss of employment. Minister of State for Business and Enterprise, Mark Prisk, joined MPs from across the UK, in discussing the likely impact on skilled jobs and high technology design and manufacturing in the Norfolk area, and the wider implications for Hethel’s world-class high performance engineering cluster and the UK Automotive sector as a whole.
To view the entire Hansard transcript of this interesting debate please click here.