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Economy

DRB-Hicom at final bend with Proton, Malaysia's national car

With a new management team under CEO Ahmad Fuaad Kenali, front, and a state loan, DRB-Hicom says carmaker Proton is "blessed." (Photo by CK Tan)
CK TAN, Nikkei staff writer | Japan

KUALA LUMPUR -- Automotive conglomerate DRB-Hicom has taken quite a beating in the four years since it reacquired Proton Holdings, Malaysia's embattled national carmaker, and is now running out of time and funds for a turnaround.

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