DRB-HICOM unit, DaimlerChrysler sign MoU


  • Business
  • Wednesday, 19 May 2004

DRB-Hicom Bhd unit Malaysia Truck & Bus Sdn Bhd (MTB) has signed a memorandum of understanding (MoU) with DaimlerChrysler Malaysia Sdn Bhd (DCM) to establish business relationships and to start negotiation on the assembly of Mercedes Benz E-Class cars at MTB’s Pekan plant. 

A statement from DRB-HICOM said the move was aimed at allowing DCM to consolidate its local assembly of both its commercial and passenger vehicles. 

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