Proton has announced that it is re-evaluating its pricing structure for 2016. The local carmaker says that due to the weakening ringgit, it is considering to increase the prices of its cars starting from January 2016.
“We do feel the impact of the fallen ringgit as many raw materials are purchased in foreign currency. The weaker ringgit affects the company’s operation cost and the entire eco-system chain from the vendors to us. Hence, we are evaluating our price structure and the percentage of the price increase will depend on the models,” explained Datuk Abdul Harith Abdullah, CEO of Proton.
Proton further added that the price increase is “seen as an industry situation,” with prices having to be raised to compensate for the effects of the lower ringgit. It’s said that this has been affecting the company’s bottomline since August 2015. To cushion the impact, Proton has put more efforts in reducing operational costs and rationalising operations where necessary.
The ringgit devaluation has caused a stir in the market, with brands such as Honda, Toyota, Lexus and Mitsubishi all confirming price hikes for 2016. BMW, Nissan and Perodua have each said that they would consider doing the same if the situation continues to worsen.
i would like to see they increase the selling price so that can see they close shop faster !
Why is Proton wanting to increase prices? Malaysian made what?? Very simple. It is because of Songlapping.
One man can songlap RM2.6 billion is just one news we know. What about the other times he songlap that we don’t know about? I think it runs to hundreds of billions.
Taib songlap US$20 billion (RM84 billion) also nothing happen to him. Infact he was rewarded for his songlap and made Governor and given a Tunship.
What about the songlaps by the other Menteri and Government officials?
It all runs to hundreds of billions per annum the Songlap.
This is why car prices are getting higher. Our guardians are more interested in Songlap than fighting for the rakyat to get lower car prices.
Tak masuk logic…Malaysian Made, still want to increase prices.
You see Proton is actually a good concept. But when Mahathir created Proton, he made sure every single part of the Proton car is supplied by his crony buddies.
And these crony buddies overcharge Proton by ten times whilst giving poor and inferior parts. That is why your Proton always falls apart and everybody blames quality control. That is the reason also why Proton makes only RM500 per car that they sell. It is solely because of the crony vendors who are overcharging Proton. For example, per car Mat is sold to Proton for RM100 whilst you can buy the same car mat from brothers for RM10.
There is no need to raise prices and blame the Poor Ringgit. The vendors all source poor local quality supplies and parts. 99% Made in Malaysian parts. Factories are all local. So, why increase?
Until ALL Proton’s vendors are changed, how can also the quality go up?
Mahathir won’t do this. All his buddies have got the contract to be vendors to Proton. Mahathir will just ensure that all the vendors for Proton remain the same. All his buddies and relatives, so why upset his relatives when he can continue his past misgivings?
Proton will still get the same low inferior quality parts it has been getting for the past 30 years and it will still be overcharged by 10 times for each part the vendors supply.
Malaysians have already suffered so much. For 30 years, 30 million people suffer so much. We struggle paying for our high car prices all because of one man’s dream of benefitting his buddies and friends. Until Proton changes ALL their vendors, Proton will be a loss making organisation because it produces super low quality cars due to its vendors supplying Proton Super low Quality parts.
This what happens when most of your workers are lazy, like to eat nasi lemak and sleep, the whole day thinking about kahwin empat and main kakak ipar (staying in your house doing A levels from up north) and the whole week thinking about Malam Jumaat. Instead of working hard, just waiting for government help all the time.
No productivity, so have to increase final product price.
Proton cant stop the AP owners??? So consider increase price??? Others dealers make excuses on currency… Proton excuses “increase price because of AP and shareholders not enough profit” !!! Rakyat is waiting for more excuses….
Proton not making profit? Either get it from the tai lan ngong buyers through price hike or from government through our taxes money.
One way or other, we are subsidizing the leech car maker
you wrong most part come from Korea. don’t be happy your toyota,nissan,honda are still make in local factory not made in Japan.
Yeah. Most of the part come from korea like skru, bolt, glue, sticker. Sbb itu harga kena increase.
Seen this post repeating over and over again almost in every Proton’s article -.-
I have drove Proton cars since 1993 and I think it is a good quality car without all those costly optional gadgets, which can be installed cheaply by the car accessories shops. The worse quality car is Honda.
And still people Puja him the two faced actor. Him and Najib no better.
next week is my birthday i aleady bought 80 000 birthday cake.. i wish to invite all of you here in paultan..
Kerajaan anda, hukum anda puas puas. Masih lagi nak undi BN ke?
Ingat, musuh anda bukan kaum lain, tetapi kerajaan anda sendiri.
Tahun ini, kerajaan Malaysia akan untung tax paling tinggi sejarah Malaysia 50 tahun.
Dari GST sahaja, Kerajaan sudah pungut RM50 billion dalam 6 bulan. Itu GST sahaja. Belum kira income tax, corporate tax, eksais and duty, investments by EPF, Khazanah, PNB etc etc.
Tahun ini, kerajaan Malaysia akan untung beratus billion lebih berbanding tahun sebelum ini.
Tapi, kerajaan masih nak hantam orang bangsa dia sendiri!
Happy Birthday in advance. To celebrate your Birthday, faster go buy a proton for yourself before the price spikes up in January.
Hahaha don’t worry, they are making a lot of losses already now. They will clear their 2014, 2015 stock next year with their jom heboh carnival promotions!
Bradder Sewell, the irony is after price increase,the PROTON FANBOYS will still buy(maybe by stretching 1 more year of instalments).
Just like cigarettes,after a hefty price increase,have you seen a reduction in smokers?
Proton,like the cigarette companies is toying with ADDICTION for the fanboys.
Even if tomorrow is the FINAL DAY before foreclosure/bankruptcy…those addicted fanboys will queue up to get the GRAND CLOSURE PROTON as a souvenir.
Someone created this monster called PROTON,it is still being worshipped no matter how bad the car review was.
OMG…Increase price…mau mati cepat kah…hahahaha
But not as fast as moving coffin toyto portotua. They go straight into coffin.
Ya dig their own graveyard
Good move.
Proton was created in 1985 to give cheap cars to Malaysians. That was the spirit of the idea to give birth to Proton. So, after 30 years, the company should be making all their parts locally. Why increase prices?
Proton is just not a focussed company. Proton and Hyundai started about the same time. Hyundai maybe started about 8 years earlier. just see where both companies are.
Hyundai is a global player. They sell about 7 million cars per year globally. They are No 4 in world rankings for car sales. Toyota is No 1.
Proton, which started about the same time, with MITI 100% protecting them and forcing 30 million rakyat to buy their cars, all Government departments strictly told to buy only Proton every year, PDRM also strictly told to buy Proton every year, Bomba, Telekom Malaysia and all GLC also told to buy Proton every year and yet, it can go into financial difficulty and about to be bankrupt.
Every year also Spanco buys berpuluh puluh thousand Protons to lease to the government. That alone makes 70% of Proton sales
How can Hyundai and Proton be so different. Both started about the same time. But Korean Government never force GLC and Government department to buy Korean cars and yet, they can do so well Globally.
Something is wrong with Proton. It needs to be shut down. Malaysians cannot be forking out billions per year to keep a failing company alive.
30 Years we have lost enough. just to feed 30,000 Proton workers, 30 Million people need to suffer.
hahaha agreed but mark ur sttment bro…google how hyundai and kia developed especially after korean war…otherwise ur article here just exposing ur stupidity…
Let the (bashing) games begin
It is solely because of Proton and Tun M that 30 million people in Malaysia suffer. Everybody’s biggest payment per month is their cars as we are paying overpriced cars. 30 years, Proton rogol all of us.
You see, in the 80s or even in the early 90s, you can get a brand new Nissan 130Y or a Toyota Corolla for RM20,000. Now, the same car is RM139,000.
In truth, the past 30 years, car prices have come down a lot globally and have NOT gone up due to inflation. It has come down due to economies of scale achieved by car companies. This is proven by the fact that you can get a brand new purely Japan made top spec 10 airbag Toyota Camry 2.5 in the US for US$22,000. That is about RM60,000. The normal B segment car like the Almera is sold in the US for US$9,999. (RM30,000). Mind you, this is after Toyota and Nissan of the US has made their margin and profits and the US government has collected taxes and duties from Nissan and Toyota.
The direct from factory prices is far cheaper. UMW will get the above 2.5 Camry for US$15,000 from their principal in Japan. As our Camry is CKD, the price is even lower than that.
Our cars compared to global cars are completely stripped down. Even basic car in the US got about 20 safety features that the same car in Malaysia does not have. Purposely taken out to cut cost even further and untung more profit.
So, in actual fact, most Malaysians can enjoy cheap and reasonable cars but because of Proton, all the other car prices have been raised up tremendously to protect Proton. Malaysians have already suffered so much. For 30 years, 30 million people suffer so much. We struggle paying for our high car prices all because of one man’s dream of benefiting his friends and relatives and forcing the dying Proton to live with billions of our LHDN money, money which could be used to build more schools and hospitals.
If we did not have Proton sucking money from LHDN, each state can have an addition 10 fully fledged government hospitals and 10 fully fledged government schools every 10 years being built. But all our LHDN money go to the failing Proton. Every year government gives hundreds of million to Proton as form of grants. Every other year, Proton ask RM billions in help. Recently, even under private hands also (DRB) Proton asked the government to give them free few RM billions from LHDN.
Proton also cost us hundreds of billions in ringgit in investments from car companies who moved to Thailand and Indonesia. Car companies got fed up with Malaysia’s MITI for protecting Proton and telling other companies what to price their cars. They got sick and tired of the AP system and how genuine brands cannot get enough APs to import their cars in (like Mercedes, BMW and Honda).
They thought that if they set up their brands and plants in Malaysia, they knew they had to give 30% of their hard earned company free away as well as being told by MITI what to price their cars.
They all moved their operations to Thailand making it the AutoCity of the world.
Recently GM announced that they rolled out already 1 million cars from Thailand. Imagine if GM was in Malaysia and we taxed GM RM10,000 per car. Calculate that with 1 million cars. Just from GM alone, we lost Billions in USD. Imagine what will the amount be from other car companies if they had set up in Malaysia?
Because of Proton, we lost hundreds of billion of ringgit in investment and trillions of ringgit from jobs lost. If Malaysia was the autocity of Asia, hundreds of thousands of jobs would have been created for Malaysians. We lost all that. Trillions of Ringgit and hundreds of thousands of jobs. Now, Thailand is benefiting from this trillions lost.
Car companies are flocking to invest hundreds of billions in Thailand despite Thailand being an unstable government, unstable economy and full of bomb blastings and terror.
Yet, global car companies still prefer Thailand. This is another rape like when Mitsubishi raped us for 20 years with low quality engines and parts. If Proton was not in Malaysia in the first place, you will have a few hundred thousand ringgit extra in your pocket!
I wonder how someone can write this long comment every time a post about Proton comes out. And they are all exactly the same. Copy paste ah?
Good move for suicude
Typo, is suicide
wow..never knew that P1 materials were imported..or increase price to let rakyat think that our cars are on par with foreign cars…loll
Bro,dont you know that there is things on all Proton cars are imported,example airbags.We buy the airbags from one company in Sweden.And there is a reason why Proton increase the price.So before you comments something,think first.
I dunno cause i have been “brain-wash” by Proton
Well, for local company we understand some of the parts are technically challenged for proton to produce or economically not feasible for proton to make it themselves.
But this should be minor, say, less than 10% of the content.
While waiting for the price increase to be announced, let say 10% from 10% component, it shouldn’t be much.
i think it should be minor …
But for all i care, up by 10k for every model is good … we deserve it.
Bro, what do you expect from mentally challenged people?
Imported brand… but why proton produced low end quality products?
5 star ancap iriz s not low quality. Your myvi only gets 3
5 stars means it is safer for your life, not your wallet. Enjoys your annual leave at SC and your lunch time breaking down under hot sun. Enjoy
5 Star NCAP means it’s safe by design. Not necessarily good in quality or reliability. Because NCAP test only happen once or 2 for a product, not regularly on production. This also remind me NCAP just sent warning to Proton for removing the 6 point ISOFIX feature in Saga recently.
5-star for the test car only.
It’s just an excuse for an anticipated low sales next year.
They were always harping on the local content being 90% so wtf are they talking about now about importing stuff in? By right P1 should be the least affected by the shitty MYR when compared to other manufacturers.
you have good memory, thanks for reminding those in proton with retarded memory.
Their handbags are imported mah. Dont forget.
Simple.
1) They could have lied about the local content.
2) Although parts may be from Malaysia, the companies that make them are Foreign.
3) Could be a very short sighted way to drum up year end sales. They could announce they are not going to raise prices….
4) Someone just wanted to make a quick buck
HAHAHAHAHAHAHAHAHA
most of the parts import from taiwan. lol just die already. cannot wait
yes,the headlamp and rear imported from depo taiwan,kaoshiong city factory….
This is rakyat friendly govt policies consequences.v r end users n v always kenna.shame to najis
Increase 100% would be reasonable, please do it.
Should increase to BMW’s price level so that some ‘Bodoh Landers’ think that now Proton is on par with BMW in quality/
Actually if you think about it, when our ringgit was performing really well before, why didn’t they reduce the price that time? And now, everyone thinking of increasing their price.
people would be wondering why the price would increase…Well for one thing the sheet metal for stamping body parts and steel that hey use comes from japan. Some parts that cannot be made in Malaysia are supplied by local vendors which are imported from overseas..
I thought they have just bashed P2 for wanting to increase the price. Now sendiri pulak?
Tu lah, jangan ludah kat langit. Kang dah kena.
Overpriced rebadged cars shouldn’t have increase in prices. It deserves bashing more than p1. Lol
But people are happy buying rebadge car than buying crappy own design junk. Btw other people rebadge make so much money, you rebadge still losing money. You all really good for nothing.
Btw didn’t know Proton got cronies abroad.
Rakyat will just laugh & wait for the outcome after price increase….outcome of close down
if mazda, a foreign CKD car can remain their prices, why proton can’t do the same?
” It’s said that this has been affecting the company’s bottomline since August 2015.”
My bottomline (wallet) has been affected since the inception of proton.
100% made in Malaysia my ass!!
Since when it is 100 percent?
Give BIG discount oso no people want nw increase prices somemore pui
Oh yes, please increase, that will speed up the time for proton to close down for good.
Please increase all Proton car price and parts at least 20% inline with our currency drop rate. Every price has to increase, is in the government manifesto for high income nation.
Good move Proton, it makes more sense for people to buy Toyota or Honda which is already happening.
Syukurlah Malaysia lagi Aman
Hahaha. Shallow minded my malaysian fren. The parts are made in malaysia. The raw materials also made in malaysia. But the raw material is market price driven which is based on usd. For this matter steel have an increase in prices. Not becos we do not produce this steel but becos the steel is sold based on market price. Give u an example u have 1kg of gold bought at rm130k. Suddenly rm drop u can sell for rm200k. Of course u sell it for rm200k.
Then dont make car la. Stay at kampung sell keropok lekor better.
I am so happy that this is not relevant to me.
Will never consider proton until they are on par with other car makers.
For those only left proton to choose, pity you.
Work harder.
Yeah please buy vios. Without VSC it is still godcar you know
Yea. People still buy it without vsc. You should sit down and ponder why people dont buy your junk even with vsc and 10 airbags thrown in.
Thats too hard for him to think
Next year onwards, Proton no longer sell those called segment A/B/C/D cars, let’s called only executive/compact executive/super compact executive cars. Now status changed, let put the price on par to Volvo/BMW. Congratulations Malaysian, you are now in a high income nation.
Nak leak inside info la tu. People dont give a damn about this ailing company la
Finding it harder and harder to have an atom of sympathy for proton anymore…
Who cares? They’re gonna throw bigger discount anyway during promotion.
They have to, they have weak bargaining power, else people will walk away to Perodua.
Not that i like Perodua, can’t stand their lack of safety, and while they look “affordable”, it’s tin milo feel is disturbing, banggala charge near rm20k for ABS, coin box, tissue holder, anti snatch hook.
Volvo of Asia, get better powertrain. Volvo is reviving not just because of safety, it is also attributable to Drive-E powertrain being fuel efficient yet powerful. So must you, to deserve the Volvo of Asia name.
No problem Suzuki comes and save the day
for me proton cars are over prices and low quality, Proton have the history to build weird car that is not sales well e.g tiara, juara, savvy and so on….wasting a lot of millions or maybe billions of money on R&D and manufacturing at the end the sales only lasting for a few years…after that no sales then no business no money to pay salary and debts then asking for the government supports, duit rakyat juga kena pakai…hmmmm
Yes, increase local car prices, decrease overseas ones. Thank you very very much! Oh ya, don’t forget to lower the quality also okay
For a locally produced car with high local content, shouldn’t the weakening MYR makes Proton more competitive in doing EXPORT? And resulted in better profit too?
Look at all those local public listed company doing export, profit all time high!
Really no logic to increase price and kill itself.
Proton is just so really screwed up! Better close down.
Why? Is Proton operating in USD? Local cars made from local parts. USD shouldn’t affect the local market. Any losses that comes from Proton operations in foreign countries, should not be covered by the rakyat.
another stab from former PM to current PM, haha…