It appears that a tie-up between Volkswagen and Proton is imminent, with the latest update being an announcement straight from the horse’s mouth – Volkswagen Group Communications.
Volkswagen says that the Supervisory Board of Volkswagen AG was informed on the status of talks between Proton and Volkswagen yesterday. Talks between Volkswagen, Proton’s majority shareholder and the Malaysian government will now be intensified towards an objective to further strengthen Volkswagen’s presence in the South-East Asian region.
A top level meeting between Volkswagen and the Malaysian government to discuss further steps is scheduled to be held within the next few weeks.
