Malaysia's Proton still keen on VW tie-up - paper

Newswire

KUALA LUMPUR, Jan 26 (Reuters) - Malaysia's largest car maker, Proton , remains keen to team up with Volkswagen AG despite the German firm's sudden pull-out from a joint venture plan, a newspaper said on Thursday. State-controlled Proton, the brainchild of former Prime Minister Mahathir Mohamad, was knocked by VW's abrupt move to ditch a planned joint venture after Proton and the Malaysian government blocked its plan to take control of Proton. The entry of VW, the world's fourth-biggest ...

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