An unusual 3-legged race now under way in Kuala Lumpur could change the face of Malaysia’s automotive market, second largest in Southeast Asia. Volkswagen AG, PSA Peugeot Citroen and General Motors Corp., a late entrant, all are vying for a chance to rescue and revive Proton Holdings Bhd, better known as Proton and once the country’s leading national car company. Which outsider has an inside edge is not clear. Opinions among industry experts differ as to who will do what and when. ...
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