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Najib: Proton talks may not meet deadline

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najib_tulan.jpgPerhaps we can stop counting down to 31st of March 2007 now. Deputy Prime Minister Datuk Seri Najib Tun Razak says talks with possible foreign partners for Proton might not conclude by the end of March deadline previously set, contradicting Second Finance Minister Tan Sri Nor Mohamed Yakcop’s previous statement earlier this week that the deadline would be met.

Najib’s reasoning was that no one had presented anything regarding the deal to the Cabinet committee headed by himself. He added that it does not matter if it is missed.

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49 Comments »

  1. milkysusu said,

    March 29, 2007 @ 2:51 am

    Then proton will have to wait wait n wait…but at the same time keep on having promotion like the saga for the other model to keep the production line working. If talks fail, then it will lelong all the stocks before shutting down. THat’s the end.

  2. toxicboy said,

    March 29, 2007 @ 3:14 am

    if proton shut down what will happen to price of other cars?

  3. auctioncenter2u said,

    March 29, 2007 @ 5:53 am

    AhYAh, Already EXPECTED lah.

    Always Talks only, No action at ALL, that’s our PROTONG and G real face.
    Don’t expect much from them. Stay tune.

  4. auctioncenter2u said,

    March 29, 2007 @ 5:54 am

    Najis’ Face or reaction is really match the title, GOOD JOB Paul! :)

  5. maibatsu_thunder said,

    March 29, 2007 @ 6:37 am

    Wow according to this report they can publicly state that someone was supposed to do something but didn’t do it, and they cannot decide, but it doesn’t matter if the deadline is missed, furthermore it’s OK to wait more?? Ini macam ka? What are Proton’s cash reserves now actually?

  6. gonggok said,

    March 29, 2007 @ 7:16 am

    Get a grip guys,

    It’s a done deal – he’s confused and thinks it’s going to go through him and his commitee when the decision has already been made…

    Khazanah chairman has already said that the decision will be announced in a few days by only the PM or the second finance minister as it is a ‘national’ decision with big implications.

  7. NiceCar said,

    March 29, 2007 @ 7:28 am

    WAHAHAHA… WHAT A SHAME!!!!!!!!!!!! MALAYSIA BOLEH!!!!!!!!!!!!

    Delay and delay, month by month, quarter by quarter, lately become year by year..
    Do P1 reliase that as they delay longer, the more impact will come to them?

  8. Cire said,

    March 29, 2007 @ 7:48 am

    yeah..the deal’s being sealed and this guy still blur blur..or is he trying to dodge being hunted by the media for more answers.
    Msia nowadays is so so so slow in everything that it does. It seems the ppl governing it is trying to make Msia looking its 50 years of age. Talk slow, work slow, progress slow, all take it easy slow, while the rest of the world are surging past, we are still not bothered about being left out or not, or we care about it. Looks like the present G is holding us back.

  9. MyBoy said,

    March 29, 2007 @ 8:12 am

    I just want a good quality car with a reasonable price (BMW/Merc is cheap without those crazy tax). Dont care whether its malaysian made or not.

  10. mofo said,

    March 29, 2007 @ 8:22 am

    LOL – next annoucement, VW drop the talk, and P1 merge with P3 (AP Guy). or due to latest promotion, they makes some money show off the capabilities to re-negotiate the terms and conditions.

    April Fool !
    Take it, or leave the country.

  11. normaluser said,

    March 29, 2007 @ 8:30 am

    Its strange how the top people at the government can screw up big time. Someone says something, and the other says something else.

  12. cyder300 said,

    March 29, 2007 @ 8:37 am

    Is it too much to hope that our premier car maker will not be able to have VW expertise? I think that this maybe leading to a local joint venture or take over by ppl like Hicom or Naza? It is all abt control and ownership of the brand, how long it took Benz and Chrysler to talk and merge? or the other car companies to nego? National interest it seems is a difficult issue to address. Cheers.

  13. kody said,

    March 29, 2007 @ 8:39 am

    wahlaueh….

    Typical Malaysia ‘boleh’ (can)…haha…. everythings delay…

    how’s about the tol contracts…. Uncle Samivelu…. another Malaysia ‘boleh’…

    How often can our G meet their commitments..??? haha… oh..i forgot…they meet their own pocket’s commitments!

  14. shaif said,

    March 29, 2007 @ 8:56 am

    Look like some datuk not pleased with the current talk of proton-VW as it can shut down his unefficient spare part and components factory. For national interest or for several big headed U*No and BeeN to keep their porsche, merc and bmw..and let the rakyat suffer buying proton.

  15. kody said,

    March 29, 2007 @ 9:00 am

    wahlaueh…

    hehe… Shaif…you are extremely correct! the benefits (pocket money) of someone are not met thus the deals can’t go well.

  16. MyBoy said,

    March 29, 2007 @ 9:24 am

    You’ll damn right. :)

  17. mycar_stolen said,

    March 29, 2007 @ 9:25 am

    shaif said,
    March 29, 2007 @ 8:56 am

    Look like some datuk not pleased with the current talk of proton-VW as it can shut down his unefficient spare part and components factory. For national interest or for several big headed U*No and BeeN to keep their porsche, merc and bmw..and let the rakyat suffer buying proton.

    well said shaif, and the not so strong in economy and decision making ‘rakyat’ will buy the trickly cheap saga (it is not cheap , 27k is starting price only).

    the vendors will keep their supercars, their yachts,helis..and ‘rakyat’ will buy new but old technology ,milo tin on wheels without safety and power steering come standard with power window problems and water leak and you have to Open Door When Pay Tolls.

  18. xlarge said,

    March 29, 2007 @ 10:14 am

    Government decision = government service. Either delay or slow.

  19. NiceCar said,

    March 29, 2007 @ 11:15 am

    Yup.. totally agree. They just concern their own “pocket” but not “rakyat pocket”.
    Is related to human attidude, since if I’m the P1 main supplier, sure I plan to suck as many money as I can, who cares the P1 future.
    Unlike some family business, their grandchild will keep improving and having long term paln instead of short tern to make sure his ancestor business will not destroy in their hand.

  20. xg9 said,

    March 29, 2007 @ 12:45 pm

    LOL HIS FACE!!!!

  21. aesthari said,

    March 29, 2007 @ 1:44 pm

    What does he mean it does not matter that the deadline is missed? It matters, so many people are anticipating the results. Darn, typical delay again.

  22. kohbk said,

    March 29, 2007 @ 2:00 pm

    look at his face and you wonder if he knows what he is talking about ! haha…of coz he dont give a damn if P1 survive of not, all he cares is if he can get something out of it.

  23. kei9 said,

    March 29, 2007 @ 2:12 pm

    delayed again?! im sick of waiting the news!

  24. LittleFire85 said,

    March 29, 2007 @ 2:12 pm

    [ADMIN EDIT: Your post has no proof, thus can be considered as slander in legal terms. To protect both yourself and myself, I've removed this part of the comment.

    Kanasai G and P1, want money in their pocket only.. never think of his own ppl… Selling the 15 year old saga made me felt so shame to show to the world how Malaysian technology development. that why last time ppl say Malaysian ppl stay on top of trees! HAHAHA…

  25. hondadriver said,

    March 29, 2007 @ 2:25 pm

    littlefire85, so why did you even work with proton in the first place? dont tell me you were young and naive then, and werent wise to the ways of the world?

    btw, i think you got deleted because you’re posting up some serious allegations, and without any facts or proof to back up what you’re saying.

  26. hondadriver said,

    March 29, 2007 @ 2:28 pm

    and i predict your postings will be deleted again…

  27. ysyslys said,

    March 29, 2007 @ 2:38 pm

    too much hope v put on P1 + VW…..that y v comment / feedback here. V wish everyone know what is their effeciency to drive Msia……and do they deliver right value to rakyat ? Then reserve your right and do it right in the coming election.

  28. motberg said,

    March 29, 2007 @ 3:10 pm

    actually it all makes sense… if i was VW i would want to delay it as long as I can since I know Proton is suffering losses. It all boils down to dollars & sense. The more broke the company I am taking over, the more bargaining power is in my hand. Remember when VW first made its bid and Proton still say they wanted the controlling stake? Then VW pulled out and left Proton to rot. Now that Proton is asking VW again, do you think VW is going to let Proton have it easy? If I was VW, I would make sure Proton play by my rules this time round. I beleive Proton is making impossible demands again and VW is just bidding its time.

  29. darren0900 said,

    March 29, 2007 @ 3:23 pm

    hoo…rey…malaysia boleh delay…many excuse

  30. jtshin said,

    March 29, 2007 @ 3:47 pm

    sigh~~~ Looks like the G doesn’t have any plans of selling it… it’s just a show? maybe.. Anyway, G still can shove money into Proton if it really goes bankrupt.. like what they did to MAS. so.. don worry la… Malaysian G is gonna use tax payers money to save Proton soon…

  31. 4G63T DSM said,

    March 29, 2007 @ 3:59 pm

    MAS cannot be compared to Proton. Its a tough time for airline, even established ones in North America are running into trouble.

    One is a service provider which provides sevice that the nation depends on. It runs loss flights to provide service.

    Proton is a manufacturer, whitout it, someone will still be producing cars.

    But I hope Malaysians aren’t that naive. Even if proton dies, the higher ups will just find somethign else to leech off the rakyat. You think prices of cars will drop? APs anyone?

    The problem is not PROTON, the trouble is with the ruling party.

  32. acbc said,

    March 29, 2007 @ 5:24 pm

    As expected already. Proton better close down fast and give the employees VSS.

  33. nmh said,

    March 29, 2007 @ 6:36 pm

    April Fool from G…..clear old stock first…..then came the result

  34. StingRayINC said,

    March 29, 2007 @ 7:29 pm

    Sigh, even Lamborghini, Ferrari, Aston Martin, MG Rovers, Seat, also being owned by someone else laaaa. What does a Proton worth? Does it have it’s good will? No. What is National Pride? Still want to negotiate and play hard to get, The announcement make me wanna vomit. Proton is just a assembly plant for assembling rojak cars. Sell it all quickly la, sigh can’t imagine being a high rank doesn’t think rasionally.

  35. mystvearn said,

    March 29, 2007 @ 8:11 pm

    This rock(P1) will never become a diamond over time and this one is changing from rock to poo

  36. LittleFire85 said,

    March 29, 2007 @ 8:51 pm

    [ADMIN EDIT: Your post has no proof, thus can be considered as slander in legal terms. To protect both yourself and myself, I've removed this comment.

  37. Joe Ooi said,

    March 29, 2007 @ 8:59 pm

    Say No to Power window failure, say no to open door pay toll but say yes to VW take controlling stake in P1! Viva, 1 April fool from G …….

  38. proton GL said,

    March 29, 2007 @ 10:01 pm

    IDEALLY, let say proton is ‘up to the standard interior and engine or the car as a whole’
    …and the market is opened,

    does making car here has an economic value (profitable) regarding the long existing auto industries and currency exchange of the SEA reigon,?

  39. 707 said,

    March 29, 2007 @ 10:10 pm

    typical malaysian politics lor

  40. mits27 said,

    March 29, 2007 @ 10:22 pm

    I blame potong for giving the thailand the name of ‘Detroit of Asean’…
    I blame potong for giving us the hard time to buy a decent car…
    I blame potong for not giving standard safety not until now…
    I blame potong for motorist deadly accident rate, they should sell their saga 27k long long time ago, so malaysia has less motorist, less deadly accident, at least save some lives…

    I still fed up with gov for giving us these ridiculous expensive car, high
    toll fee, etc… too bad, we don’t earn enought to support these cars…

  41. mits27 said,

    March 29, 2007 @ 10:25 pm

    Already predicts gov will delay the announcement, it is hard marriage, no
    one want potong, and potong still act elegant…Potong, you deserve it…

    Frankly, I don’t see any benefit to us from this marriage, at least gov has excuess to impose heavy duty on non-national car, we want to protect national pride…too bad…I have tired to drive my problematic wajunk…

  42. pw said,

    March 29, 2007 @ 10:49 pm

    Maybe the latest promotion is a scheme !!…..

    Last chance to grab the deposit money …. and lingkup the company and cabut……

    I heard 10000 order placed for that old proton car model.
    So assuming deposit $1000 x10000 cars = $10,000,000 received … enough kah ??

  43. e-nabilll said,

    March 29, 2007 @ 10:52 pm

    i dont mind the delay,i jus want proton to be in good hands,properly managed bt ppl who know how to manage…dats all..plz kick all politics out of proton,it wil prosper in no time

  44. intermilan said,

    March 29, 2007 @ 11:17 pm

    Littlefire85,

    even thou your english ‘could be improved’, we get your story.

    at least someone that has had connection with potong dare to admit about it and exposed a glimpse of what is happening inside.

  45. topgunthang said,

    March 29, 2007 @ 11:59 pm

    whoever they manage to hook up with and rip the people of msia off again……i still hope proton fails miserably. if they hook up with VW i’m sure they will go down the drain as well….well at least thier investment in proton….

    im not suprised we gonna see them selling saga into the next 10 years.

  46. topgunthang said,

    March 30, 2007 @ 12:02 am

    u know….seeing that face makes me think of those proton owners…..:”oh no, not another broken electric window….just got it fixed last week.”

  47. tokmoh said,

    March 30, 2007 @ 1:47 am

    It doesn’t matter? He’s so gonna ‘kena’ from millions of frustrated Msians out there…….

    What does he know? If we complaint PW, expect us to ‘change our lifestyle’ again? Dun use window anymore, just open/close door nxt time?

    I’d better stop this post, before I’m rly gonna lose my head n spam this post with all kinds of curses I know. I’ve had enough…………

  48. 707 said,

    March 30, 2007 @ 8:41 am

    i wonder whats the big deal with potong anyway. why they die die want to protect this company.

  49. hondadriver said,

    March 30, 2007 @ 10:50 am

    “I blame potong for motorist deadly accident rate, they should sell their saga 27k ”

    mits27, its a well known fact that almost 70% of fatal accidents are contributed by motorbikes, not cars. Maybe they should ban all motorbikes, close down honda, suzuki, yamaha, and our local bike companies also.

    707, the big deal with potong is, the govt based practically the entire industrial master plan on it in the beginning. its not just about a car company called proton, but the whole country. proton effects approx, 100,000 peoples livelihoods directly and indirectly. thats not a small number. so its not as simple as closing proton tommorow.

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