Malaysia beautex and Germany VW will restart cooperation negotiations _ love cool

Integrated foreign coverage, Malaysia-owned automobile manufacturer beautex (Proton) recently at the news conference, beautex will reopen and Germany automaker Volkswagen (Volkswagen) cooperation negotiations. Beautex in Malaysia in two factories in total can be up to one million units, while the actual capacity utilization is rather low. Malaysia Government would like the mass and beautex in automobile production. Early in 2007, and the general public on beautex carried out negotiations cooperation, and almost reached a cooperation agreement, however, because the Government is not willing to give up Malaysia beautex equity negotiations ended in failure. In recent years, Malaysia car sales rise, but the car sales beautex has declined, the change in the attitude of the Government of Malaysia, in the hope that the cooperation with the public will be able to reverse the current situation beautex. Fiscal 2009, beautex motor deficits, in Malaysia automobile market share of 28% in 2000, their share is as high as 52%. Beautex also said Pao-soar will be announced in mid-June and the outcome of the negotiations of mass collaboration. Article sources (love cool automotive network)