Volkswagen Ends Talks With Proton

Volkswagen has announced that it has terminated talks for a possible partnership with the Malaysian national carmaker Proton. Interestingly, this is the second time in two years that VW has failed to reach a deal with the Malaysian government owned carmaker.

The German carmaker however noted that it will step up its efforts to review other possibilities for actively engaging in the ASEAN region and further intensifying its sales activities in the region, including such activities in Malaysia.