Jump to content
Sgcarmart Trusted Brand Showcase - Jack Cars at Katong i12 from 22 to 28 Apr 2024 ×

VW signs an agreement to produce cars in Malaysia

VW signs an agreement to produce cars in Malaysia

Rigval

Entry posted by Rigval ·

725 views

monthly_06_2011/blogentry-31583-1308889422.jpg

blogentry-61716-1292988216_thumb.jpg

-2011 Jetta -

Volkswagen Group (VW) has finally signed an agreement with a Malaysian company to manufacture its cars in Malaysia. The partnership with DRB-HICOM (DRB) will be a joint venture agreement with DRB holding a 70% stake in the venture while VW the remaining 30% and the total investment of this would be around RM1 billion. It will enable VW to manufacture cars in Malaysia as well as throughout South East Asia.

 

What will happen firstly is that the local assembly of the 2011 VW Passat and 2011 VW Jetta models will start rolling out of DRB


0 Comments

Recommended Comments

There are no comments to display.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Is 'tiny living' really irrelevant in Singapore?

    I discussed the possibility of living in tiny houses in Singapore in an earlier blog post. But as we know, it isn't an option to begin with – no thanks, of course, to our lack of land space.  Someone also pointed out that the idea of tiny houses is "romanticised" – which, I don't deny (but hey, that's why it's a dream). While it's clear tiny houses aren't going to work out here, the concept of 'tiny living' is; not just physically but also mentally. Anyone who has lived enough years lo
×
×
  • Create New...