Malaysia eyes Volkswagen as Proton partner - paper


KUALA LUMPUR, Dec 16 (Reuters) - Malaysian state investment arm Khazanah is expected to bring in Germany's Volkswagen AG as a strategic partner for national carmaker Proton Holdings Bhd , the Edge weekly reported on Saturday. Malaysia's biggest carmaker, Proton is looking for a foreign partner to safeguard its future against rising competition at home and to help it achieve greater economies of scale and ramp up exports. The government has said it may allow a foreign partner to buy a ...

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