According to our source today, Volkswagen AG and DRB-Hicom had inked their venture to assemble the all new 2011 Volkswagen Passat and 2011 Volkswagen Jetta in Malaysia. The local assembly operations will be held at DRB’s existing plant in Pekan, Pahang, Malaysia. The CKD project for both passenger cars are value a billion ringgit which is equivalent to US$318 million. ...
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