Here are some more updates on Proton’s possibilities on entering a joint venture with another car manufacturer.
Mitsubishi Motors Corp issued a statement debunking speculation that it might jointly set up a plant here in Malaysia with Proton to assemble or manufacture Mitsubishi cars.
As for the failed Volkswagen partnership, Proton officials shared their side of the story. Proton said it entered talks with Volkswagen originally to explore possibilities of a mutual benefit collaboration, but Volkswagen started talking about a takeover. Proton had considered it, but not without conditions, which obviously caused the entire deal to fail.
Seems everyone is hardcore denying considering going to bed in Proton to protect share prices or some other reason.
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AI-generated Summary ✨
Comments largely focus on the denial of the joint venture plans between Mitsubishi and Proton, with some expressing skepticism about Mitsubishi's intentions and Proton’s management credibility. Many highlight the importance of technology sharing, patent issues, and the need for Proton to develop its own innovations. There is skepticism about foreign companies’ motives, concerns over past joint ventures, and the importance of transparency. Overall, the sentiments reflect disappointment, concern over future technological progress, and a desire for Proton to move forward independently.