Sime Darby Bhd of Malaysia says it hopes to finalize the future of its BMW AG wholesale car franchise by year-end, reports Reuters. BMW has said it will set up a company to handle its Malaysian wholesale business. A Sime subsidiary, Tractors Malaysia Holdings Bhd, in which it has a 72% stake, will keep the assembly and retailing rights, but Sime also wants to keep some interest in the wholesale sector. Tractors Malaysia currently builds, distributes and wholesales BMW vehicles in the ...
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