Malaysia's Proton sets ambitious car export target

Newswire

BANGKOK, Sept 27 (Reuters) - Malaysia's carmaker Proton plans to raise annual car exports to 100,000 within the next few years from about 44,000 forecast for this fiscal year, chief executive Syed Mohamed Tahir said on Thursday. The state-owned company expected a substantial portion of its future exports to come from China and India where it hoped to establish footholds soon, Tahir told reporters. Proton in July appointed Youngman Automobile Group Ltd as its distributor in China where it ...

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