MALAYSIA PRESS-Mitsubishi Motors:Collaboration with Proton is over -The Edge

Mon Nov 19, 2012 8:48pm EST

Related Topics

Japan's Mitsubishi Motors Corp says its collaboration with Proton Holdings Bhd is over. This follows the change in ownership of Proton to DRB-Hicom Bhd , which subsequently chose Honda as Proton's new foreign strategic partner.

This was confirmed by Mitsubishi's vice-corporate general manager for Asia and southeast Asia Ryujiro Kobashi, who said there were no plans to extend the collaboration with Proton.

"Our memorandum of understanding (with Proton) has already been explored, and the collaboration is over. There are no plans to extend it," he told reporters at the launch of Mitsubishi Motors Malaysia Sdn Bhd's new car, the Mirage, on Monday.

----

PREVIOUS ITEMS

Malaysia-China trade to reach $100 billion with economic cooperation plan-New Straits Times

----

NOTE: Reuters has not verified this story and does not vouch for its accuracy.

FILED UNDER:
A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article