Malaysia carmaker Proton posts 5th straight loss

Newswire

KUALA LUMPUR, Aug 28 (Reuters) - Malaysian state-controlled car maker Proton Holdings reported its fifth straight quarterly loss on Tuesday, as sales continued to slide and its search for a global industry partner dragged on without success. The Malaysian government has indicated it is willing to sell a stake in Proton to a global car maker and has been in separate talks with Germany's Volkswagen and U.S. auto giant General Motors , but so far no agreement has been reached. Proton made a ...

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