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Old 12-05-2008, 12:21 PM   #1
AVANTI R5
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Default Mitsubishi and Proton Join Forces to Develop New Car




Quote:
Malaysian national automaker Proton has formed an alliance with Japan's Mitsubishi for the development and production of a new car. Although details were not disclosed, it is reported that the two companies are working on a small hatchback that will enter the market after 2010.

Furthermore, under the new agreement that was signed between the two companies, the Japanese carmaker will grant a non-exclusive license to the Proton to manufacture a new Mitsubishi vehicle based product. In a joint statement, the two companies said that they are also continuing "to study other mutually beneficial avenues of collaboration"
http://carscoop.blogspot.com/2008/12...forces-to.html
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