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Looks like the government’s National Automotive Policy bag of carrots is effective. Renault has chosen Malaysia for it’s ASEAN manufacturing hub, instead of Thailand. Renault’s Asia-Pacific vice president Patrick Debrot attributed the decision to Malaysia’s […]
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A1GP PROTON Pro Celebrity Race Qualifiers
The qualifying session of the A1GP PROTON Pro Celebrity Race was completed without a hitch today. All 12 cars have qualified, and times were consistently faster compared to the practice session yesterday.
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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 the circuit for […]
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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 it allows a […]
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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 met up with […]
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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 to reach 562,380 […]
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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 racing in Proton’s […]
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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 that are non-core […]
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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 proposal and will […]
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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 into difficulty. It’s […]
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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 rallying at the […]
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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 already has a […]
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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.
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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 their vehicles here […]
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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 buying two Volkswagen […]