Proton Holdings Bhd says it is in new talks regarding a strategic partnership, and while it declines to name the other party, Malaysia’s The Star newspaper reports it’s Volkswagen AG. Proton Managing Director Zainal Tahir tells reporters the discussion is ongoing. In April, Tahir raised speculation of a merger between Proton and rival national car maker Perusahaan Otomobil Kedua Sdn Bhd (Perodua), with a call for the domestic auto industry to consolidate in preparation for the ...
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