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PETALING JAYA: Japan’s Mitsubishi Motors Corp has joined hands with Tan Chong Motor Holdings Bhd (TCM) in a landmark deal to assemble cars for the Japanese automotive giant, after terminating its collaborative agreement with national carmaker Proton Holdings Bhd.
THERE have been many make-or-break models for Proton Holdings Bhd and presently, none appears as large as the success the car company needs its Prevé to become.
DESPITE the supply woes faced by Japanese vehicle marques after the earthquake and tsunami in Japan in March, the outlook for the automotive sector still looks bright.
PETALING JAYA: Automotive analysts expect a moderate growth in total industry volume (TIV) this year due to the high vehicle sales achieved in 2010. Nevertheless, sales are projected to hit a new high in 2011.