Proton preparing response to letter
Proton's management has prepared a draft response to the joint letter by Tengku Tan Sri Mahaleel Ariff (ex-CEO of Proton) and Tun Dr. Mahathir Mohamed questioning the rationale of the sale of …
Local News · Page 1177
Joint letter by Tun Dr. M and Tengku Mahaleel
This press release was forwarded to me not too long ago. It's a joint release letter by Tun Dr. M and Tengku Mahaleel on the matter of Proton's sale of MV Agusta. …
Petrol prices might go up next month
Mail Money reports that sources have indicated petrol diesel prices might be raised as much as 20 sen and 10 sen a litre respectively next month, which is only 1 day away! …
Proton-VW Tie-up Updates
Volkswagen and Proton tie-up talks have made some progress, after a meeting between Proton Holdings Bhd and Volkswagen AG in Bangkok recently. Apparently Volkswagen has dropped it's insistence to have a controlling …
Proton disposes of MV Agusta for 1 Euro
Proton Holdings has sold it's 57.57 percent stake in MV Agusta Spa to an Italian company Gevi Spa. Gevi Spa will assume MV Agusta's debts and working capital requirements totalling 139.44 million …
NAZA to sell Chinese mini cars
The NAZA Group, controlled by tycoon Tan Sri SM Nasimuddin SM Amin has set up a company called N-2 Sdn Bhd. N-2 is believed to focus on assembling and distributing Chinese-made mini …
ChangAn CM8 assembled in Malaysia
UPDATE: The CM8 has been launched in Malaysia as the Chana Era CM8, the cheapest 7-seater in Malaysia with a price tag starting from under RM40k. ChangAn Auto Group, based in Chongqing, …
Locally assembled Mitsubishi cars
Mitsubishi Motors Malaysia Sdn Bhd (joint venture betweeen Mitsubishi Japan 52% and EON 48%) is in talks with Proton Holdings Bhd and Sime Darby Bhd, among a few other car manufacturers on …
Oil Prices And Subsidies (An Explanation)
I found this article on the National Economic Action Council's website on why the oil prices have been increasing and why the government cannot continue subsidising our fuel, as well as why …
Dr. M: Proton losses a mystery
Dr. M has spoken up again on the issue of his brainchild Proton's recent two quarterly losses in a row. "I am surprised that a company which was doing well suddenly reports …
Team Proton mindset overhaul
Proton Managing Director Syed Zainal Abidin Syed Mohd Tahir gave some insights on his first steps to turn around loss-making Proton when his appointment as Proton MD takes effect on January 1 …
Jom Kembara adventure 2005, Sungkai
An announcement from Peter for Perodua Kembara owners. Should be quite fun to have a get-together for the family. Perodua owners, get ready to know your Kembara and have a whole lot …
2006 Toyota VIOS Facelift in Malaysia
If you surf to UMW Toyota's Toyota Vios website, you will see that the new facelifted Toyota Vios is now available for sale. The updated prices are RM88,880.00 for the 1.5G high …
Proton new head – Syed Zainal Abidin Tahir
Proton has named the successor to Tengku Mahaleel. With the title of Managing Director, Syed Zainal Abidin Tahir, 43 years old this year, will take over the helm of Proton and steer …
Proton Q2 2006 loss
Proton Holdings Bhd may post a second quarter loss of RM700 million due to MV Agusta, it's unprofitable motorcycle unit. It previously posted a first quarter loss of RM 12.4 million, and …
Perodua hopes to reduce waiting time
Perodua Sales Sdn Bhd hopes to cut down the waiting list time for its vehicles to two to three months from the current five months by Q2 2006. Perodua currently produces 280-300 …
Perodua man for Proton CEO?
Proton Holdings Bhd may appoint Syed Zainal Abidin Mohamed Tahir as the new chief executive officer of the company, replacing former CEO Tengku Mahaleel Ariff. Zainal Abidin is currently the deputy managing …
Proton Chancellor 2.0 V6
Proton has announced the availability of the Proton Chancellor beginning 15th December 2005. It will debut during the ASEAN Summit from 12-14 December. What is the Proton Chancellor? It's basically a Proton …
Proton to use Bosch diesel injection systems
Robert Bosch is in talks with Proton Holdings Bhd on supplying diesel fuel injection systems. Bosch currently supplies Proton with engine mnagement system parts, brakes, brake calipers, ABS systems, actuation systems, wiper …
A1GP PROTON Pro Celebrity Race Results
The A1 Grand Prix PROTON Pro Celebrity Race went on without a hitch on the last day of the A1 Grand Prix of Nations. We saw an exciting battle between 11 cars …
