Monday, December 5, 2011

THE STAR: Proton to produce Mitsubishi sedans soon

SUBANG JAYA: Proton expects to seal a joint venture agreement with Mitsubishi Motors Corp to produce Mitsubishi sedan models at its Tanjung Malim plant by year-end.

Its group managing director, Datuk Seri Syed Zainal Abidin, said under the agreement, Mitsubishi would make 60,000 units a year which were equivalent to 90 per cent of the plant's production capacity.

"The plant currently operates at between 56 and 58 per cent capacity," he told a media briefing after the announcement of the company's second quarter 2011's results here Tuesday.