Malaysia's Proton completes feasibility studies with PSA Peugeot |
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Wed, 17 Jan 2007 12:09
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KUALA LUMPUR (XFN-ASIA) - Proton Holdings Bhd said its wholly-owned subsidiary, Proton Otomobil Nasional Sdn Bhd, has concluded feasibility studies jointly undertaken with PSA Peugeot Citroen on their operations and possible collaboration.In a statement, Proton said both parties are now in the process of evaluating the findings of the study.In September last year, Proton and PSA agreed to conduct feasibility studies into the following areas -- production capacity focusing on contract assembly, product collaboration, supply of engine, transmission and components and the sales and distribution of contract assembly products.john.tan@xinhuafinance.com
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