Malaysia's Perusahaan Otomobil Kedua Sdn Bhd (Perodua) says a replacement model for the Kancil and Kelisa will be released next March. UMW Holdings Bhd Chairman Asmat Kamaludin tells reporters production of the Kancil and Kelisa will be phased out once the new model hits the market. UMW Holdings owns a 38% stake in Perodua. Asmat says the Kelisa was released in 2001 to replace the 12-year-old Kancil, but consumer demand saw to it that Kancil production continue. The more ...

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