(Reuters) - Loss-making Proton, which faces a shrinking market share in
the increasingly competitive domestic market, is looking to tie
up with a global car maker to boost its sales and turn the
company around.
"I have decided, since Volkswagen is not interested in the
proposal that Proton wants in terms of equity, Proton needs to
talk to other people," Abdullah was quoted as saying by
state-run Bernama news agency.
Read more at Reuters.com Mergers News
the increasingly competitive domestic market, is looking to tie
up with a global car maker to boost its sales and turn the
company around.
"I have decided, since Volkswagen is not interested in the
proposal that Proton wants in terms of equity, Proton needs to
talk to other people," Abdullah was quoted as saying by
state-run Bernama news agency.
Read more at Reuters.com Mergers News
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