Malaysia's EON agrees on new Proton deal

Newswire

KUALA LUMPUR, March 31 (Reuters) - Malaysia's biggest car distributor EON agreed on Monday on a new deal to sell Proton cars, the country's top-selling brand, in the local market, ending months of protracted talks. Effective April 1, EON will relinquish its distributorship rights but instead will become a "super dealer" of Proton Edar, the distribution arm of Malaysia's leading car maker. "This brings a win-win conclusion to the prolonged negotiations," an EON statement said. EON, or ...

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