Here’s more news on the Volkswagen-DRB-Hicom local assembly project. There has been lots of guessing and counter guessing in our previous post revealing the deal, but we now know that there will be THREE models assembled at DRB’s Pekan plant. Bernama also quotes Prime Minister Datuk Seri Najib Tun Razak as saying that the CKD VWs will roll out by the end of the first quarter next year (Q1, 2011).

“I’ve always been monitoring the developments involving DRB-Hicom and during my recent vacation, I took the opportunity to meet the Volkswagen officials and ask them whether they were till keen to establish cooperation with DRB-Hicom,” Najib told DRB-Hicom management and staff at a Ramadan gathering over the weekend.

“Actually, they were waiting for the indication from me whether they could sign the agreement with DRB-Hicom or not,” added our PM, who is also Member of Parliament for Pekan.

Najib revealed that Volkswagen requested for incentives from the Government to make its Malaysian operations the export base for the ASEAN region. “This needs to be studied and approved by the government,” he said.