10 Mar '11, 6am

DTN Singapore: Tata eyes tie-up with Malaysian carmaker Proton: Mumbai (The Star/ANN) - Indian automotive giant

Mumbai (The Star/ANN) - Indian automotive giant Tata has expressed interest to work with Malaysian carmaker Proton , including selling its world-cheapest Tata Nano in Malaysia. This was conveyed to Deputy Prime Minister Tan Sri Muhyiddin Yassin by Tata Group chairman Ratan Tata. Muhyiddin, who had a look at the Nano after the meeting, told reporters that the US$3,000 car, touted as the cheapest in the world, could even be Malaysia's very own kereta rakyat (people's car). "Tata had actually proposed to work with Proton about seven years ago and he has reiterated this again. "It's now up to the Proton management to study this proposal and whether a car like the Nano can be brought into Malaysia. "Perhaps we can also come up with a kereta rakyat costing about 20,000 ringgit, modelled after the Nano. "However, this needs more detailed studies. We have suggested to Tata to brin...

Full article: http://sg.news.yahoo.com/tata-eyes-tie-malaysian-carmaker...

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