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Malaysia's Proton faces closing window for recovery

Proton unveils the Ertiga, built using Suzuki autoparts, on Thursday near Kuala Lumpur.

KUALA LUMPUR -- Struggling Malaysian automaker Proton Holdings is searching for a foreign partner with the technology and funds to help turn things around, but its outlook is looking increasingly dim.

Proton is Malaysia's pride and must be saved, Syed Faisal Albar, managing director of the automaker's parent DRB-Hicom, said Thursday at the launch of a new car model.

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