Thursday, November 11, 2010

Perodua focuses on five-year plan despite merger reports

KUALA LUMPUR: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) remains focused on boosting exports under its five-year plan despite rumours of a possible merger with PROTON HOLDINGS BHD [].

Perodua managing director Datuk Aminar Rashid Salleh confirmed on Thursday, Nov 11 the Malaysian Automotive Institute (MAI) met industry players over a possible consolidation of the automotive industry.

However, he declined to comment on the possibility of a merger between Proton and Perodua.

'MAI has talked to the players including Perodua, and it is at the tail end of the study. We do not know the conclusion but we trust that MAI and the consultants will make the right decision,' he told reporters at the launch of ViVa Elite Exclusive Edition.

'At the same time, we are still committed to and will present a five year roadmap to the government soon. This includes our plan to increase exports to 20,000 cars or 10% of our domestic sales, from 2% to 3% at the moment,' said Aminar.


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