Malaysian Prime Minister Najib Razak says local auto makers should consider mergers if overcapacity hampers their progress. Only companies that are innovative, willing to make changes and have a sustainable business plan will truly succeed in the 21st century, he says. “If overcapacity becomes an obstacle, there should be a process to merge automotive companies in our country to create a stronger, bigger and more able company,” Najib is quoting as saying during a speech at Proton ...
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