After losing their grip on the opportunity of working with Saab, Hawtai have lost no ground in chasing new partners, Hawtai are reportedly working with the Malaysian auto company Proton.
According to inside sources the two companies maybe pairing up to take on the Indonesian market and have had multiple high level meetings at Hawtai’s new HQ in downtown Beijing.
The meetings have so far been shrowded in mystery and it is not clear at what level the talks have progressed too, but during a media interview last month Hawtai’s high level management did express that they were in contact with an overseas company regarding a possible joint venture.
A source in Chinese media reports was quoted as saying “In one respect, Proton has to improve its development in the Chinese market, and Hawtai are planning to enter the Indonesian market to expand overseas sales.”Hawtai and Proton are possibly working on the possibility of setting up a joint venture factory to attack of other ASEAN markets.
Of course in the Chinese market Proton work with Youngman, and Youngman signed a deal with Saab immediately after the Hawtai-Saab deal fell through, could there be ulterior motives behind Hawtai’s plan to woo Proton?-chinacartimes.com
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