Proton and MV Agusta meeting

Short piece of news. Proton Holdings and MV Agusta management met up on Wednesday to discuss MV Agusta’s future, according to Corrierre della Sera, citing sources. Proton no longer believes it’s 57.7% investment in MV Agusta is strategic, and they are likely to be seeking a buyer for it’s investment now.

Source

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Paul Tan

After dabbling for years in the IT industry, Paul Tan initially began this site as a general blog covering various topics of personal interest. With an increasing number of readers paying rapt attention to the motoring stories, one thing led to another and the rest, as they say, is history.

 

Comments

  • Jual je Augusta tu…bukannye baguih sangat..

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  • madgg on Dec 22, 2005 at 7:38 pm

    Jual Augusta..jgn pikir panjang.

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  • YAU MOU GAUâ&e on Dec 22, 2005 at 7:58 pm

    It's about time..!

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  • Investor on Dec 22, 2005 at 8:12 pm

    No point patching the sinking ship. Get lifejacket, jump now n leave the ship. Proton should sue TM for these mess n not let him walk out as free man. Somebody got to be held responsible regardless of scapegoat issue or not. Move your ass, Proton!

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  • revver on Dec 22, 2005 at 8:12 pm

    agree..

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  • modenas…. are they interested ??

    :D :)

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  • muthu on Dec 22, 2005 at 8:15 pm

    better sell….. hope that PROTON will sell it at premium or BE(hope there will be another stupid buyer)….. learn from mistake…… no more trial N error……plz inform it 2 advisor(TUN).

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  • muthu on Dec 22, 2005 at 8:17 pm

    proceed from selling MV will be use to buy luxury painting(MAS problem)……….. ahak ahak ahak ahak ahak……

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  • muthu on Dec 22, 2005 at 8:23 pm

    correct me if i'm wrong… MV AGUSTA is manufacture helicopter, is it true? i read it during LIMA 2005……

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  • revver on Dec 22, 2005 at 8:30 pm

    that is agusta westland.

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  • muthu on Dec 22, 2005 at 8:42 pm

    surf from internet……… yahoo search engine

    ——-MV Agusta: Information From Answers.com

    MV Agusta MV Agusta is a motorcycle and helicopter manufacturer with a long history. At present the majority of shares are held by Proton of Malaysi awww.answers.com/topic/mv-agusta

    i thought MV only produce motorcycle but they also produce HELICOPTER…. no wonder proton want 2 buy this company… but current economy is the main problem…. P1 want to get technology……

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  • pendek on Dec 22, 2005 at 8:45 pm

    woah.. o hope we don't get heli with power windows problem

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  • KISIO on Dec 22, 2005 at 9:40 pm

    heli mana ada power window la..

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  • outspoken on Dec 22, 2005 at 9:43 pm

    i don't agree with that move. proton do make losses this year, but they are a very healthy company financially ( before somebody starts to bash me up,let me be clear "i am not talking about sales"). Obviuosly people think they are on the down due recent sales of Gen-2, but Savvy is gaining some reputation by the day. I believe proton bashers out there can't even wait for the SRM (whether to kutuk or puji, i leave that to the mass public to decide). Agusta is not making profit, but they do have the technology and the image – two things that are very difficult to achieve. I would give it a go (pumping money of course), and probably change the business scope a little bit ( small cc scooters ?) PROTON give it a go… rather than accept defeat

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  • vandetta on Dec 22, 2005 at 9:57 pm

    if your heli got power window problem: go to proton service center la. kuah! kuah! i prefer glenmerie service center

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  • omnicp on Dec 22, 2005 at 10:16 pm

    dear all,

    mv agusta was founded by an italian, count giovanni agusta who is an aeronautics entrepreneur. agusta family diversified his aeronautics business to motorcycles after his death in the early 20th century due to crisis. mv agusta today is not link in anyway with agusta/westland and bell/agusta aerospace.

    pls proton bashers don't bash agusta helicopters as well. agusta aviation produces apache for british royal armed forces. their agusta A129 gunship is second of its class to their american counterpart and also platform for developing the eurocopter tiger. motorcycles does not equal helicopters and they are not like saab.

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  • Investor on Dec 22, 2005 at 11:06 pm

    Proton shouldnt buy foreign company n wish to control everything. Its absurd as nobody will bow to company as peanut as Proton. Proton should focus on its own design team rather than buying some other company in order to transfer knowledge/design. Just hire on contract basis the respective designers, instead of troubling itself acquiring foreign company/ total control. If after all these years still minimal know-how in making good quality cars, dont worry—China car producers r ready to buy Proton. Chonging Guandong Proton. First model Wajao Liabao GX.

    Clean-up the mess is the priority now for Proton. A BiGG mess!

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  • MV Agusta makes Cagiva bikes, proton should sell proton cars in Italy as Cagiva.

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  • E-Nabill on Dec 23, 2005 at 12:30 am

    get rid of MV,thn its the first step of many steps into the rite direction…

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  • cosmo on Dec 23, 2005 at 12:40 am

    ello omnicp

    ———The Eurocopter Tiger is an attack helicopter manufactured by the Eurocopter Group. In Germany it is known as the Tiger; in France it is called the Tigre. It is also designated the EC 665 or PAH-2.

    ———The Agusta A129 Mangusta (Mongoose) is an attack helicopter manufactured by Agusta (part of AgustaWestland) of Italy. It has the distinction of being the first attack helicopter to be designed and produced wholly in Europe.

    ———–The Boeing (McDonnell Douglas) (formerly Hughes) AH-64A Apache is the Army's primary attack helicopter. produce by BOEING(american).

    cq out this adress.( MV AGUSTA HISTORY)…… .www.answers.com/topic/mv-agusta or http://bullivantgallery.com/mv-resurrection.html

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  • cosmo on Dec 23, 2005 at 12:56 am

    history of MV AGUSTA … .http://www.manxman.co.im/mvagusta/history.html

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  • omnicp on Dec 23, 2005 at 1:17 am

    cosmo

    apache in the british armed forces arsenal is built by agusta/westland under licensed by boeing. A129 mangusta was developed as the same timeline (mid 70s) as the RAH-64 apache and RAH-56 cheyenne. therefore, i say it was 2nd to the americans. the european engineers involved in A129 later brought this design basis to the eurocopter LAH program which later revamped and known as EUROCOPTER Tiger PAH-2. most of the weapons and avionics are shared due to NATO alliance.

    thanks for the heads up.

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  • BoOtY_MaN on Dec 23, 2005 at 4:58 am

    guyz… MV Agusta is such a well known and established motorcycling company. their bikes are real good! so.. if Proton does decide to continue a relationship with MV Agusta.. i think it's good cuz if they can bring up the company again and start earning from it… why not! i say keep MV Agusta.. cuz MV Agusta bikes are damn cool! hahahahaha…

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  • [Half-Half PBâ on Dec 23, 2005 at 6:59 am

    yeah… it's damn cool!!! who in motoring world doesnt know of the name Cagiva and Husqvarna?

    but rm70k-89k for a bike… i'd rather buy a car… well unless i am a billionaire and financially retired, i'd love to ride a bike to everywhere!

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  • Oops! on Dec 23, 2005 at 7:03 am

    if proton can bring up MV augusta, in my opinion they should have already done so after paying so much $$$ to the original seller. proton moves to sell off the company may be a wise choice rather than still hanging on and keep burning EURO….

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  • MV Agusta . hope not much hali gone drop from the sky always!.

    if same people this minority gone manage the thing i think it gone b the same what happening to proton now!.

    this proton is like wested there father money sin there money come easy , that is from us who stupid!.this what this minority do business! sin easy money to spend!

    this proton is like minority who sale burger stole at the street who open n close, liter bit go fore Mitsubishi, vw, now MV Agusta for hali n what happen is there proton try to buy British sport legendary lotus what a silly no wonder Jeremy Clarkson gone make a jock on us! . ha….he..!

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  • eMalaysian on Dec 23, 2005 at 4:16 pm

    Proton heli. Yehhhhhh

    Then proton can compete with MAS also.

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  • biggie on Dec 23, 2005 at 4:26 pm

    You can hire contract designers… but how do you know they are good or not? Like MAS hire ex BA consultant but some say he nearly got fired becos not performing at BA. Buy buying the comp. stock and barrel you got everything.

    But like all corporate entity there are different companies. Although Proton owns Lotus and MV Augusta; if Proton need to use their services Proton still have to pay. So wat Proton is doing is to send eng. to work in Lotus (now) and MV Augusta (future) to learn. This local eng. who must be willing to learn (of course some are monkeys) but are paid in RM instead of Punds or Euro. Lotus/MV Augusta are then paid less.

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  • For me i think proton need to learn from petronas. As far as i know Petronas didnt bougth any car, motorcycle, bicycle, helicopter, tanks, machine guns or what so ever company but manage to built an engine earlier than proton can came out with waja. I think if they want to buy another company better buy a plastic, fabric or whatsoever company that make or do RnD for proton build car interior with better stuff, like now most of them still look like cheap plastics. Deal with quality problem first rather than just think just making profit only – and this i think the best long time investment.

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  • cosmo on Dec 23, 2005 at 5:15 pm

    proton should learn from DRB HICOM la….. this CO. produce APC( TANK PERSONNEL CARRIER- something like that)…. they call adnan( model from TURKEY-JV)…. drb hicom also manufactured truck and other weapons…….

    JC should take ADNAN N do it the same thing he did to kelisa….. for sure ADNAN will pass the test….

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  • 100k + for a bike?..gilar ka…if they wanna sell more of these, lower down the tax for 250cc above bikes la!…baru banyak org minat, sure can sell!…the proton bikes made last time too..becoming a 'white elephant'…150K + …really mad!…Just mass produce it for the masses…then everybody can benefit from it….

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  • muthu on Dec 23, 2005 at 5:57 pm

    proton should sell MV AGUSTA 2 modenas………. in the future modenas can produce superb seperbike and kapchai……

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  • YAU MOU GAUâ&e on Dec 23, 2005 at 6:09 pm

    The bike kena tax liao…

    Thats why damn expensive…

    Proton Cagiva

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  • outspoken on Dec 23, 2005 at 10:33 pm

    give up now? atleast try to improve MV ….

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  • biggie on Dec 23, 2005 at 10:48 pm

    petronas sponsor sauber for yrs without any income from it. after long while then can build engine. there are few rally outfit also generously sponsored by petronas. They can throw money around as oil business is sure untung business.

    DRB Hicom buy Adnan design from Turkey lock/stock and barrel. nothing done in house. same thing with weapons, buy polish and sell back to G (not literally).

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  • muthu on Dec 23, 2005 at 11:40 pm

    drb still got the technology……

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  • To 'outspoken'…of course we can improve MV…but the tax structure for big capacity bikes here are so high, even if they sell it…the truth, MV Agusta really a superb bike…an exotic… how many ppl can afford to buy it?…Even minibikes also kena tax…we can only become 'the best organiser'…no local hero/racers…

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  • gegaoff on Dec 24, 2005 at 3:23 am

    sell it if necessary. concertrate on car development is better.

    good luck POTONG

    cheers…

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  • drugkill on Dec 24, 2005 at 7:34 am

    :) … no metter what they do would not be right to some of the people right … pusing kanan salah and pusing kiri pun salah … move ahead salah go backward pun salah … what ever decision made by P1 always will be the wrong one right …

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  • BoOtY_MaN on Dec 24, 2005 at 9:32 am

    to Hazu….

    no offence or anything.. but MV Agusta is probably more well known that Proton around the world. soo.. IF Proton can improve MV Agusta.. their sales around the world will help. in Malaysia itself.. Proton just concentrate on car sales lah. hehehe… just an idea. would be cool though =P

    also.. MV Agusta bikes are up with the likes of great bike makes such as Aprilia and Ducati… so that's darn exclusive!! so.. when people buy MV Agusta bikes.. they'll think of Proton. global indirect advertising! lol..

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  • biggie on Dec 24, 2005 at 5:17 pm

    muthu,

    if drb got the tech then there will be Adnan v2 but none surfaced, to get someone to repair the line also need turkish help

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  • It's about time…. :p A total waste of the company resources…

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  • muthu on Dec 27, 2005 at 11:42 pm

    biggie said,

    if drb got the tech then there will be Adnan v2 but none surfaced, to get someone to repair the line also need turkish help

    ………..step by step ma……(NKOTB)

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  • muthu on Dec 27, 2005 at 11:54 pm

    biggie said—–

    technology transfer

    http://www.caat.org.uk/information/publications/c…

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  • baffled on Dec 28, 2005 at 1:48 am

    Proton sells Augusta for Eur1. Someone should get sacked for this Eur70Million investment go awry. Less than one year?!! Unbelievable due diligence done. The whole Proton board should be sacked.

    Disgusted.

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  • see fat on Dec 30, 2005 at 2:41 am

    in in china, mahaleel will be put in front of firing squad…dekat sini, he retiring and laughing all the way to the bank

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  • darkfree on Jan 04, 2006 at 11:05 pm

    Itu olang jual agusta 1 euro(belapa linggit aaa.. tak tau la) memang bodo. Olang beli mahal2 diaolang juat mulah2. Babi pun talak juai itu macam lo

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  • cikok on Jan 05, 2006 at 5:29 am

    RM80k motorcycles bukan utk org gaji rm1000 sebulan. mmg la korang kate mahal. tapi arget bukan utk org miskin. jgn jadi bodoh… same la ngan kete BMW mini yg kecik giler tuh, harga macam EVO8. tapi terget bkn utk org miskin macam korang… bodoh…

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