Proton Suzuki MOU_ 004

Following Proton chairman Tun Dr Mahathir Mohamad’s expression of confidence in the Proton-Suzuki partnership, Minister of International Trade and Industry (MITI) Datuk Seri Mustapa Mohamed is optimistic that the collaboration will turn things around for the national carmaker, Bernama reports.

Suzuki has wide experience in India where it dominates the compact car market,” he told reporters, adding that Proton, which has never done R&D on compact (city) cars, could benefit from Suzuki’s expertise.

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“As part of the National Automotive Policy (NAP) we have suggested that it is good for Proton to identify a strategic foreign partner. It is my wish that (Suzuki) is a partner that will be able to propel Proton to greater heights,” the MITI minister said at the signing ceremony.

On Monday, Proton and Suzuki signed a Memorandum of Understanding (MoU) and Licence Agreement that could see Proton’s first A-segment car starting production in the next 16 months, aided by access to Suzuki’s models, platforms, powertrain and automotive technology.