With sales booming, Malaysian auto maker Perusahaan Otomobil Kedua Sdn Bhd (Perodua) says it will increase its spending on local parts about 25% this year. Managing Director Aminar Rashid Salleh says purchasing of local parts is expected to reach 3.8 billion ringgit ($1.1 billion) in 2010, up from MR3 billion ($903 million) in each of the last two years. The country's largest car maker by sales volume says the bigger components budget was triggered by increased localization of its ...

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