Mitsubishi signs a deal with Tan Chong Motor Holdings to assemble cars in Malaysia after ending its 5-year-old collaborative agreement with national auto maker Proton. Neither company announced the change made in April, but it is revealed by Hong Leong Investment Bank Research analyst Daniel Wong in an investment report. The new agreement is between Mitsubishi’s 52%-owned Mitsubishi Motors Malaysia unit and Tan Chong’s 70%-owned Tan Chong Motor Assemblies. “We ...
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