Proton
is closing its Malaysian assembly line created to build Lotus Elise sportscars
for regional distribution, relying instead on cars imported from the UK, reports
Auto-Asia online (28/11/00).
According to the article, factors involved in this decision included the time
it took to sell the 150 CKD packs imported in the first phase which – with
volumes so low – proved difficult for local suppliers to build components
at competitive prices.
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The1997 Asian financial crisis that resulted in the depreciation of the riggit
against sterling was also cited as an influential factor, said Auto-Asia.
