DRB-HICOM will be the most recent potential partner for VW but The Edge reported last month that talks between VW and DRB-HICOM had stopped.Read the full news by Barry Porter from Bloomberg below.
TALKS TO BUILD VOLKSWAGEN CARS IN MALAYSIA HIT SNAG, EDGE SAYS.
Negotiations to assemble Volkswagen cars in Malaysia have ground to a halt, the Edge newspaper reported citing unidentified sources.
Discussions between Germany-based Volkswagen AG and DRB- Hicom Bhd., a Malaysian auto and construction group, ran into difficulty about three weeks ago following interference from certain unnamed government-linked bodies, the newspaper reported quoting unidentified officials close to the Malaysian company.
It was not clear what the government’s intentions were or why negotiations had stopped, the paper said.