Proton is now in the discussion to form a partnership between another automaker which Proton refused to name.Read the full news from Bernama below.
PROTON IN DISCUSSION FOR A STRATEGIC PARTNERSHIP
KUALA LUMPUR, — Proton Holdings Bhd today confirmed that it was in discussion on forming a strategic partnership but refused to name the other party.
“The discussion is ongoing; I don’t want to comment with which party,” managing director Datuk Syed Zainal Abidin Syed Mohamed Tahir said after breaking fast with journalists here.
According to a newsreport, Proton was in discussion with Volkswagen AG, Europe’s largest carmaker.
On Tuesday, Volkswagen group was reported planning to make Malaysia as its sourcing hub for auto parts and CKD (completely knocked down) assembly with a local automaker.
Yesterday, Proton advisor Tun Dr Mahathir said Proton needed a strategic partnership with an international automotive company to upgrade the standard of national car.