Neta's parent company, Hozon Auto, refuted bankruptcy claims made by a creditor, stating it was a routine legal procedure.Neta Auto Malaysia assured that all local operations, including sales and after-sales services, are unaffected by the reported bankruptcy.Despite facing mounting debt and production halts, Neta remains focused on expanding its sales and service network in Malaysia.Speculation about an acquisition by Toyota was denied, while Neta's distributor in Malaysia expresses trust in the brand's long-term prospects.