MALAYSIA: Proton may shelve plans for production plant in China
AFX Asia reports that Proton may shelve plans for a production plant in China as the carmaker sees a potential tie-up with Germany's Volkswagen may possibly provide a faster and more economical entry into the market.
AFX Asia reports that Proton may shelve plans for a production plant in China as the carmaker sees a potential tie-up with Germany’s Volkswagen may possibly provide a faster and more economical entry into the market.
The Star newspaper, citing unnamed surces, said the cost of setting up stand-alone operations in China might be “too huge for Proton” despite the promise that the market holds for vehicle makers around the world.
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