GM, DRB-Hicom Terminate Malaysian JV

General Motors Co. and DRB-Hicom Bhd are ending their joint-venture operation to import and distribute Chevrolet vehicles in Malaysia. No reason has been given for the dissolution of the partnership, but the Business Times newspaper in September reported GM was looking for a replacement for DRB-Hicom, which is expected to be the Naza Group.

Founded in 1975, Naza is Malaysia’s largest importer ...

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