Malaysia's Proton in tie-up talks with VW -AWSJ

Newswire

KUALA LUMPUR, Oct 1 (Reuters) - Malaysian car maker Proton Holdings Bhd is in talks with Volkswagen AG for a partnership that could give the German manufacturer a foothold in Southeast Asia's fast-growing auto market, the Asian Wall Street Journal reported on Friday. It was not clear whether a prospective deal would involve Europe's largest car maker taking a significant stake in Proton, which has nearly half of the Malaysian market, it said, quoting unnamed sources. A tie-up could give ...

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