KUALA LUMPUR -- Chinese automaker Zhejiang Geely Holding will buy a 49.9 percent stake in struggling carmaker Proton from Malaysian conglomerate DRB-Hicom.
KUALA LUMPUR -- Chinese automaker Zhejiang Geely Holding will buy a 49.9 percent stake in struggling carmaker Proton from Malaysian conglomerate DRB-Hicom.
Japan’s smallest global automaker is weighing joint production of utility vehicles in one of partner Nissan Motor Co.’s U.S. assembly plants.