Malaysian car manufacturer Proton's parent company DRB-Hicom and German vehicle manufacturing group Volkswagen AG will invest an additional Ringgits 600m (US$197.68m) in their venture in Malaysia. The additional funds will go into an assembly plant. The collaboration between the two companies stands at Ringgits 1bn at present. The announcement was made Subscribe to Automotive World … Continued
Malaysian car manufacturer Proton's parent company DRB-Hicom and German vehicle manufacturing group Volkswagen AG will invest an additional Ringgits 600m (US$197.68m) in their venture in Malaysia. The additional funds will go into an assembly plant. The collaboration between the two companies stands at Ringgits 1bn at present.
The announcement was made
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Subscribe
Already a member?
https://www.automotiveworld.com/articles/drb-hicom-vw-to-invest-an-additional-ringgits-600m/
Join our LinkedIn Group
Let us help you understand the future of mobility
