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Are they or aren’t they? Malaysia’s main
automaker Proton (and owner of Lotus), states it is still in talks with Volkswagen for the German manufacturer to buy a
stake in the company. The sticking point seems to be that Proton is reluctant to sell VW a controlling interest.
Earlier coverage can be found here,
here, and
here. With Proton losing money even though it has a
virtual monopoly in Malaysia, we think it should look at Renault and what that company’s involvement did for
Nissan.