Deal could restore Exora maker Proton’s trade ties with Turkey.
Proton begins talks with a Turkish auto maker to assemble Proton cars in Turkey in a proposal that could lead to a joint venture to develop a Turkish car. Proton adviser Mahathir Mohamad, a former Malaysian prime minister, says negotiations will advance once Proton is officially taken private by DRB-Hicom later this month. Mahathir is acting as a consultant in the transaction. “The idea is initially, of course, to probably assemble Proton cars there and eventually develop a ...
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