And here we go again – rumours of Volkswagen being interested in taking up a stake in Proton crops up again. German publication Manager Magazin reports that VW is considering another opportunity to take up a stake in Proton, which will allow it to use Proton’s Tanjung Malim plant as a production base for the region.
The report also says that so far the Malaysian government is not particularly excited about the idea. But then again, Proton is a private company now owned by DRB-Hicom, which is Volkswagen’s assembly partner in Malaysia. Should the government really have any say about it?
A Volkswagen group spokesperson dismissed the report as speculation and did not provide any comments.