Volkswagen plays down talk of taking Proton stake


FRANKFURT, July 29 (Reuters) - Volkswagen is not close to a deal to take an equity stake in Malaysian ally Proton Holdings Bhd , Europe's largest carmaker said on Friday, playing down talk of any imminent move. "In respect of our growth strategy for the emerging markets like Russia (and) India, we are discussing together with our partners Proton and their major shareholder Khazanah a close industrial cooperation, especially for the ASEAN market, but maybe also for other emerging market ...

Premium Content (PAID Subscription Required)

"Volkswagen plays down talk of taking Proton stake" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Feb 10, 2017

Volvo V60 Polestar 2.0L Turbo/Supercharged DOHC 4-cyl. -- 2017 Award Acceptance

Stefan Hermelin, general manager-Monitoring & Concept Center, accepts Volvo Cars' award at the 2017 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×