RM391 million for Sepang
Due to a restructuring exercise, Malaysia Airport Holdings, the current owner of the Sepang F1 circuit is trying to sell off the circuit. The Ministry of Finance agreed in 2003 to buy …
Proton Audit
An audit has revealed there may be traces of bribery between Proton and the media when it comes to reviewing Proton cars. Apparently Proton had been very generous with the time spans …
Proton-VW updates: 40% stake in manufacturing arm?
Yet more updates on the Volkswagen-Proton parnership. The Malay Mail reports Volkswagen AG may buy 40% of Proton's manufacturing arm, and assume management control over that unit. Proton's board of directors had …
HLG on the automotive industry share market
HLG Research expects non-national cars to make up 50% of car sales on the overall by 2007, and 47% by next year. HLG expects industry volume for both passenger and commercial vehicles …
Proton Celebrity Champion’s Drive
A special celebrity Champion's Drive will be held at next week's A1 Grand prix at the Sepang circuit. Malaysia's A1 Team and Proton has organised a 10 lap race, which involves celebrities …
Proton reviews non-core investments
Sources say that Proton Holdings Bhd is reviewing it's investments in MV Agusta Motor and the Lotus Group International. No decision made so far, but Proton might cut down on such investments …
Highway speed limit to remain at 110km/h
Those who hoped proposal to raise the highway speed limits to 120km/h are in for a disappointment, as Minister of Works Datuk Seri S. Samy Vellu said the government had rejected the …
Proton to re-visit Mitsubishi partnership?
The Edge reported on Monday that Proton Holdings Bhd is exploring partnership options with other automers including Mitsubishi Motors Corp of Japan. Talks between Proton and Volkswagen AG seems to have run …
Government to help Karamjit
Looks like Karamjit's plight had reached the cabinet, thanks mostly to Malay Mail's efforts. Our PM Datuk Seri Abdullah Ahmad Badawi raised the matter of Karamjit Singh's lack of sponsorship to continue …
Toyota may set up hybrid plant in ASEAN
Toyota Motor Corp Katsuaki Watanabe said Toyota may consider setting up hybrid vehicle plants somewhere in the ASEAN region if there is sufficient demand for hybrid vehicles in the region. Although Toyota …
New Hyundai Accent 5-door Hatchback
Oriental Hyundai, the distributor of Hyundai's CKD Accent, Elantra and Sonata models in Malaysia has launched a new hatchback Hyundai Accent today. The new 5-door hatchback Hyundai Accent will be available from …
Sime Darby’s NAP plans
Sime Darby is determined to take full advantage of the incentives the government has given in the new National Automotive Policy. The National Automotive Policy's new incentives encourages foreign automakers to assemble …
Proton shares drop
StarBiz reports Proton shares have dropped from RM8.35 to RM7.90, making it the second highest loser on the Bursa Malaysia yesterday. Traders was worried by the announcement that Proton was interested in …
Updates: Credit card payment for petrol
Looks like we consumers will not be affected much by the adjustments in the way fuel is sold with credit cards at petrol stations. Banks have agreed to reduce the charge imposed …
Motorists to pay more for petrol by card
Domestic Trade and Consumer Affairs Minister Datuk Shafie Apdal announced that motorists purchasing petrol at stations with a credit card would have to pay more for their petrol. He said a new …
R3 Amprex loses title due to fuel leaks
Proton R3 Amprex's Lotus Exige 300RR almost achieved victory in the G2 category of the Zhuhai FIA GT championship, but due to a fuel leak problem they lost the title to Belgian …
Proton to buy Passat and Sharan platforms
The Edge reports that Proton is looking into purchasing two Volkswagen platforms to produce it's own versions for the local market under the Proton badge. After the purchase, design and development would …
Monday is not a public holiday
There are rumours going around that Bernama has issued a news flash informing the public that Monday October 24 2005 is a public holiday. If you receive this rumour, please do not …
Proton needs to update cars more frequently
Another MP has spoken up on the issue of Proton. Deputy Minister of International Trade and Industry Datuk Ahmad Husni Hanadzlah said that Proton has to update it's models more frequently as …
Datin Seri Endon passes away
Our Prime Minister's wife, Datin Paduka Seri Endon Mahmood passed away this morning after a lengthy struggle with breast cancer. She was 64 years old. She passed away in the PM's official …
