Malaysia's Proton considering local alliance-report


KUALA LUMPUR, Nov 28 (Reuters) - Malaysia's state-controlled carmaker Proton is considering a strategic alliance or partnership with local car companies, its chairman was quoted by state news agency Bernama as saying on Wednesday.

"Whatever is good for Proton, it will definitely be on the cards," Azlan Hashim said in Bangkok.

Local auto firms DRB-HICOM Bhd and Naza Group last year submitted proposals to the government to acquire a strategic stake in Proton.

The government had last week ended talks with Germany's Volkswagen and U.S. auto giant General Motors on a possible foreign partner for the loss-making Proton. (Reporting by Syed Azman, Editing by Liau Y-Sing)



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