Volkswagen vs Proton
November 25th, 2007 • Related • Filed Under
The talks between VW and Proton finally come to end with the German party calling it quits today.
The Volkswagen group and the Malaysian government have decided not to further pursue for now joint discussions about a cooperation or an equity stake in the Malaysian carmaker Proton,” according to VW’s official statement.
VW will now independently examine other possibilities to enter the Southeast Asian market, while Proton will no longer seek a foreign partner, reports Automotive News.
The Malaysian government was previously in talks with PSA Peugeot Citroen and GM but no progress was made with either firms.
Proton, VWPopularity: 3% [?]
Today another shirt reach me :) 
Admin,
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