Najib: Power ahead with the car majors

TEAMCAR : Malaysian car manufacturers must look for powerful foreign partners to open doors to bigger markets, Datuk Seri Najib Razak said.

The Deputy Prime Minister said the domestic car market was insufficient to ensure the future survival of the national automotive industry.

Calling on the industry to embark on yet another transformation, he said it must now engage in joint economies of scale with the outside automotive world through a process of specialisation and interchange.

He named China and India as large potential markets, and added that few carmakers could expect to make it on their own. The Star