Second Finance Minister Tan Sri Nor Mohamed Yakcop said if the second round of the most recent attempt at negotiating the Proton-Volkswagen partnership deal is successful, we will be able to hear some positive news by the end of this month.
“Insya Allah, we hope the discussions with Volkwagen now entering its second stage will be successful and we will in a short time be able to say something on the progress of the talks,” he said.
AD: Drive the Proton model of your dreams. Submit your details and Proton PJ will get in touch with you.
Looking to sell your car? Sell it with Carro.
AI-generated Summary ✨
Comments express hopeful anticipation regarding the Proton-VW talks, emphasizing the need for strategic partnerships to improve Malaysian car quality and competitiveness. Many lament the protectionism and high taxes hindering affordable, quality vehicles, both domestically and for export. Some criticize the government's role in industry protection and speculate about future asset sales, including Proton, Perodua, and Petronas. There's appreciation for Proton's recent improvements and concerns about politicization affecting the industry. A few point out that cooperation with VW could leverage Lotus and improve quality, while others warn about potential sale-offs of Proton's assets and the risks of market manipulation. Overall, sentiments highlight the importance of fair competition, industry modernization, and national pride.