More foreign cars in the Malaysian market will not threaten Proton Holdings Bhd, which has strategies in place to withstand competition, Malaysian Deputy Prime Minister Najib Razak says at the signing of a joint-venture agreement between Chery Automobile Co. Ltd. and Alado Corp. Sdn Bhd. “Proton is aware the nature of the automotive market has changed, and this is a global situation which requires car makers, especially Proton, to make necessary adjustments,” Najib says in a published ...
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