DRB-Hicom Bhd is riding high on the coattails of its joint venture partner China-based carmaker Geely. DRB-Hicom, which is the 51% majority owner of Proton Holdings Bhd, is enjoying the fruits of the first flagship product with Geely.
In its recent results report, DRB Hicom noted that Proton’s sales had been boosted in the final quarter of its financial year 2019 (FY19 ended March 31) following the launch of its first ever sports utility vehicle (SUV), the X70 in December 2018.
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