HANGZHOU: China’s Zhejiang Geely Holding Group, which has a 49.9% stake in Proton Holdings Bhd, has raised its 10-year projection for the sale of Proton cars by over 100% to one million units.
According to its original 10-year master plan drafted in late 2017, a total of 400,000 cars would be produced in 2027 to retake Proton’s leadership position in Malaysia and become the third largest auto company in Asean.
