Malaysia’s Perusahaan Otomobile Kedua Nasional Sdn Bhd (Perodua) national car company plans to spend 1 billion ringgit ($322 million) over the next few years on newer models and a plant upgrade to help it compete in what is anticipated to be a more liberalized domestic auto industry. The auto maker is re-evaluating its strategy of having just three models on the market at a given time. It also is seeking to cut costs while offering vehicles with more fuel-efficient engines to go ...
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