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  • Proton and Chery CKD operations to begin mid-2007

    Tan Sri Cam Soh, group executive chairman of Chery’s local partner Alado Corporation Sdn Bhd says Proton and Chery are expected to start their CKD program by mid-2007. The CKD program will involve Proton assembling […]
     


  • Proton denies knowledge of GM bid

    Proton Holdings Berhad issues a statement to the media denying any awareness of an approach by General Motors to take up a stake in Proton. Proton says any matter of stakeholding is between the stake […]
     


  • Sime Darby has no plans to bid for Proton

    Local conglomerate Sime Darby has announced that it has no plans to bid for Proton, reports the Associated Press quoting a senior executive who does not wish to be named as he does not have […]
     


  • General Motors may make bid for Proton stake

    This just in – General Motors plans to make a bid for a small stake in Proton Holdings Berhad as well as another stake in Proton’s manufacturing arm, reports NST’s Business Times quoting an unnamed […]
     


  • Government to announce Proton partner in March

    The issue of taking over the government’s investment arm Khazanah Nasional’s stake in Proton continues to make the news, with the most recent update saying that a decision will be announced sometime in March 2007. […]
     


  • New Daihatsu Mira launched in Japan

    Daihatsu Japan has updated their Daihatsu Mira with a new model and guess what… the new facelift seems to sport headlamps that look like they belong to the Myvi family! A similiar design has been […]
     



  • DRB-HICOM explains 32.9% stake proposal rationale

    DRB-HICOM has presented their rationale for their proposal to buy 32.9% of Proton to the Cabinet commitee on transportation last Monday. Among DRB-HICOM’s plans for Proton if the government allows them to take over part […]
     


  • Naza year end promotion

    Naza is currently having a promotion until the end of the month where anyone who test drives one of Naza’s 3 compact cars – the Naza Bestari, Naza Suria and Naza Sutera will get a […]
     


  • Proton Volkswagen updates: due diligence audit?

    A report from AP says that Volkswagen AG may conduct a due diligence audit on Proton as discussions on a possible tie-up including stake transfer progresses further. Recent newspaper reports have suggested that Volkswagen is […]
     



  • JMEPA: The reason Volkswagen wants Proton?

    A friend of mine and I have always pondered, what was our Prime Minister doing when he handed out abolishment duty for inbound Japanese CBU and CKD packs by 2010 in exchange for duty free […]
     


  • Proton to sell CBU cars in Indonesia

    Here’s Proton’s plans to increase market share in Indonesia. For the moment, PT Proton Edar Indonesia will sell CBU (fully imported from Malaysia) sedans in the 1.3 litre to 1.8 litre capacity range, which is […]
     


  • Proton extends agreements

    Proton has once again extended it’s three running agreements with Mitsubishi Motors Corp Japan, Chery Automobile Co Ltd and Alado Corporation Sdn Bhd. The Memorandum of Understanding between Proton and Mitsubishi has been extended for […]
     


 
 
 

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Last Updated Apr 18, 2024