Talks between Volkswagen and Proton have officially been suspended. VW was considering a potential partnership with Proton for the Malaysian market — the Malaysian government is the largest shareholder in Proton which in turn owns Lotus — but the two sides couldn’t come to an agreement.
The move would have given VW a much larger presence in the South East Asia region, an area that VW says it is still committed to.
Rumors of a possible cooperation between the two automakers first surfaced back in October of 2005.
