Volkswagen intensifies talks
Wolfsburg, Germany - At its
meeting today, the Supervisory Board of Volkswagen
Aktiengesellschaft was informed about the status of talks
regarding the Malaysian automaker Proton Holdings Bhd.
These talks with Proton’s majority
shareholder and the Malaysian Government will now be intensified
further to investigate the possibilities for cooperation with or
participation in Proton. Volkswagen’s objective is to further
strengthen the Company’s presence in the South-East Asia region.
To this end, a top-level meeting
between Volkswagen and the Malaysian government to discuss
further steps is scheduled to be held within the next few weeks.
(September 07, 2007)