PARIS – MG Rover and Perusahaan Otomobil Nasional Bhd (Proton), two weak car companies with ambition, sign a letter of intent "to explore the feasibility of a number of potential collaborative projects." U.K.-based Rover badly needs a partner to help develop a replacement for its 9-year-old small car, the Rover 25. Malaysia-based Proton badly needs to learn how to compete outside its home market, where a wall of tariff protection cannot stand much longer. Earlier this month, Proton ...
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