Proton Holdings Bhd, the national carmaker, has signed a collaborative agreement with Honda Motor Co Ltd, the world's seventh largest carmaker.
The agreement will get the ball rolling for the two companies to explore partnerships in the areas of technology upgrade, new products and sharing of platforms and facilities
"Having a strong and renowned global automotive player like Honda as the foreign strategic partner to Proton will provide Proton and the DRB-HICOM Group with the opportunity to grow as an original equipment manufacturer (OEM).
"The opportunities are endless," DRB HICOM said in the statement, adding that the agreement was signed only yesterday.
news courtesy of Business Times Malaysia.
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