Lotus expands Chinese Joint Venture

Europestar Lotus Persona
Europestar Lotus Persona

Youngman Lotus, a joint venture between Youngman Auto and Lotus Engineering, has started expanding its Lotus-brand sales network to cover China’s first-tier and second-tier markets by setting up 100 4S stores nationwide by the end of this year. The network will initially focus on the Europestar Lotus RCR (Jingsu) and Persona (Jingyue) models. The ventures manufacturing bases in Guizhou, Shandong and Hangzhou all will be starting mass production this year, with a combined capacity of 450,000 vehicles.

Europestar Lotus RCR
Europestar Lotus RCR

[Gasgoo.com via Lotus Enthusiast]