Business

Published: Tuesday November 17, 2009 MYT 2:34:00 PM

Federal Auto unit signs with Volkswagen for dealership


KUALA LUMPUR: Volkswagen Group Malaysia Sdn Bhd has signed a Letter of Intent (LOI) with F.A. Wagen Sdn Bhd, a company under the Federal Auto Group, for a new authorised Volkswagen dealership in Petaling Jaya.

In a statement here, Volkswagen said it was announced to Bursa Malaysia last month that F.A.Wagen had signed an LOI to operate new dealerships in Shah Alam and Johor Bahru. - Bernama

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