Naza Corporation Sdn Bhd revealed in a statement on June 29, wednesday that it had signed a memorandum of understanding (MoU) with France's Peugeot S.A. to assemble a local variant of the 206 model under the Naza brand.
They are not only for the domestic market, but also for export in the growing right-hand drive ASEAN market.
According to the statement, production of the car should start early 2006 at Naza's plant in Gurun, Kedah.
Cycle and Carriage Automobiles have been appointed to provide the after-sales support.
Currently NAza manufacturesthe Naza Ria and the Naza Citra in its plant in Gurun.
Read the reports in the Edgedaily and in Forbes.
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