Malaysia Proton ties with Japan Mitsubishi Motors again
- Date: Dec 7,2008
- Tags: Mitsubishi, Mitsubishi Lancer, Proton, Proton Lancer
MALAYSIA’S national carmaker Proton on Friday announced it has inked an agreement to develop a new vehicle with its former Japanese partner Mitsubishi Motors Corp.
Under the ambitious scheme, Proton, which is in need of advanced technology and auto designs in order to remain competitive, will use Mitsubishi expertise to develop a new model, it said in a statement to the stock exchange.
It said the alliance would also allow the two companies to improve component quality for Proton vehicles, and explore options for exports and contract assembly.
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