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GM has Proton interest E-mail
Written by Administrator   
Wednesday, 24 January 2007
General Motors is believed to be interested in buying Malaysia's state-controlled car company Proton. In the recent past the PSA/Peugeot-Citroen and Volkswagen were also interested in Proton, so the battle begins.

Analysts say the problems at loss-making Proton could be solved by forging a foreign partnership. One attraction for GM could be Proton's modern factory. The other attraction is the lower labour costs leading to lower production costs.


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