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Proton, which is in its final phase of deliberation over its choice of a foreign strategic partner (FSP), might follow Perodua’s path by allowing its FSP to have a 51% equity stake in the company. […]
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More than 70% of local university grads choose to buy foreign vehicles rather than the national car – Proton
Some 70% of local university graduates who have completed their studies choose to buy foreign-made cars because they think Proton is not comparable to foreign brands, according to recently-appointed Proton Edar CEO Abdul Rashid Musa. […]
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Proton can compete internationally, but needs a foreign strategic partner to do so, says think tank
Proton has no other choice but to undertake a management paradigm shift and look to work with others, as Malaysia’s limited population of 30 million doesn’t offer it the economies of scale to compete internationally. […]
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Malaysian and Japanese auto vendors to collaborate
Malaysia is looking at having its automotive vendors collaborating with their Japanese counterparts in a bid to tap into the growing ASEAN economic community market. The move aims to forge strategic partnerships or technical assistance […]
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Geely may pull out of Proton partnership bid – report
Frontrunner for Proton’s foreign strategic partner (FSP), Zhejiang Geely, may make a shock exit from negotiations, if a report by The Star is to be believed. The English language daily, quoting Bloomberg, states that the […]
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Proton a “failed, white elephant project” – Nazri Aziz
In response to Tun Dr Mahathir Mohamad’s comments of Proton’s equity potentially being sold to China’s Zhejiang Geely, tourism and culture minister Datuk Seri Mohamed Nazri Abdul Aziz has labelled the national carmaker a “failed, […]
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Proton partner vital for new tech, larger market – PM
Former prime minister Tun Dr Mahathir Mohamad has had his say on Proton’s current situation, where the national carmaker is currently evaluating foreign strategic partner bids from China’s Geely and France’s PSA Group. To no […]
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PSA Group confirms bid for strategic partnership with Proton – targets expansion in Southeast Asia
According to a report by Automotive News Europe, France’s Groupe PSA confirmed it has submitted a bid for a strategic partnership with Proton. The company, along with China’s Zhejiang Geely are reportedly the leading parties […]
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Sell Proton and jobs will be lost, vendors close shop, Malaysia will remain a third world country – Tun M
Everyone has an opinion about Proton, whether he or she is a “car person” or not. As a national carmaker, Proton is a subject of national interest, and rightly so, as policies set by the […]
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Geely to make bid for Proton – Chinese automaker to offer latest vehicle tech as part of deal, report says
More on Proton’s search for a foreign strategic partner (FSP). Reuters reports that Zhejiang Geely is expected to bid – as early as this week – for a strategic partnership with the national carmaker, according […]
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Proton will not sell its majority stake to foreign partner
Second international trade and industry minister Datuk Seri Ong Ka Chuan has quashed rumours that Proton Holdings will sell 51% of its shares to a foreign partner, stating that a final decision has not been […]
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Proton Iriz launched in Indonesia – 1.3L CVT, manual
Following the opening of the order books last week, Proton has officially launched the Proton Iriz in Indonesia. The car was introduced at an event in FX Sudirman Mall, Senayan last week, officiated by Proton […]
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Malaysia Speed Festival (MSF) – Proton to support up to 8 R3 Customer Racing Programme teams in Sepang
The Malaysia Speed Festival (MSF) will kick off its second season next weekend at the Sepang International Circuit (SIC). Round 1 of the racing series, previously known as Saturday Night Fever (SNF) will take place […]
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DRB-Hicom reiterates decision on Proton’s strategic partner will only be announced by end of 1H 2017
There has been plenty of speculation thus far, but DRB-Hicom says it hopes that the public will not be misled by various reports that it has already selected a foreign strategic partner (FSP) for Proton. […]
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Proton’s foreign partner proposal deadline is this Wed
Much have been said about Proton’s potential foreign strategic partners (FSP), even though the national carmaker has till now not named any party directly, and the proposals from its suitors are yet to come in. […]