On-Off Proton-VW Meeting On Again

National car maker Proton Holdings Bhd and German auto giant Volkswagen AG are likely to enter into their second round of talks in Pangkor soon after the first round last week in New York, Prime Minister Datuk Seri Abdullah Ahmad Badawi said today.

He said the commitment to hold another round of talks was a signal that both parties were happy with the first round of discussions. Abdullah, who is also Finance Minister, said he was informed that the outcome of the initial talks were positive.

"Both sides are in a positive mood," he said. "The fact that they want to have another round of discussion means that both sides are happy with the first result," Abdullah said when commenting on the latest developments concerning Proton's discussions with Volkswagen after opening the national discourse for Imams at Universiti Kebangsaan Malaysia, Bangi here.

Abdullah declined to elaborate on the discussions saying he did not have the details. (Bernama)
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Earlier related post: Malaysia May Cede Control Over Proton Carmaking Unit