Proton Updates: Q3 Profitable
Proton Holdings Bhd reported a net profit of RM86.51 million in Q3 which ended on December 31 2005, thanks to higher car sales and lower debt provisions. This is good, compared to the RM154.33 loss […]
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UMW Holdings profits up 67 percent
It’s been a good year indeed for UMW Holdings Bhd. Have you seen the Toyota Avanza advertisement with the little boy fully decked out in beach gear but standing sadly outside the house because the […]
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Naza KIA Academy Overseas Training Centre
The Naza KIA Academy in Gurun, Kedah is a 20 million ringgit joint-venture investment by Naza KIA Sdn Bhd and Naza Automotive Manufacturing Sdn Bhd. The Naza KIA Academy has a basic technical training centre, […]
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Proton and Chery partnership?
A few days ago there were rumours on Proton partnering up with Jinhua Young Man Automobile for it’s maiden entry into the Chinese market. Yesterday, industry sources were quoted to say Proton would be tieing […]
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PM’s comments on Proton
The last we heard our Prime Minister Abdullah Ahmad Badawi say anything about Proton at all was back in October when he said Proton would sell stake to Volkswagen AG. The issue of management control […]
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Proton courts Hindustan Motors for India market
Proton had attempted to enter the India market with talks with Hindustan Motors in 2003 but talks didn’t really amount to much. Now Proton has started talks again with Mahindra and Hindustan Motors for a […]
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DAP questions Proton
The Democratic Action Party (DAP) secretary general Lim Guan Eng handed over a 20-question memorandum over to Proton corporate communications head Yusri Yusof on Friday at Proton’s HQ in Shah Alam. The questions were mainly […]
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Proton not selling Lotus
Proton managing director Syed Zainal Abidin Syed Mohd Tahir has stated Proton is not selling the British sports car manufacturer Lotus, in reply to Tengku Mahaleel and Tun Dr. Mahathir’s offer to buy the company […]
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Perodua Myvi Rear Axle Snapped
These photos were taken during the Proton Street Shoot Out at Bukit Jalil recently. The Perodua Myvi was fitted with semi-slick tyres, and was doing a round-a-bout maneuver when suddenly the rear axle just snapped. […]
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Volkswagen to supply 3 models to Proton
After a failed partnership with Volkswagen AG, Proton signed an agreement on the 28th of January indicating that the two companies will collaborate on certain projects but abandoning any possibilities of a joint-venture involving an […]
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Proton and Jinhua in partnership
In order to enter the coveted Chinese market, it is part of the rules and regulations that you have to partner up with a Chinese company to set up shop there. Proton has had intentions […]
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All’s well at Perodua
While the folks at our first national car manufacturer are busy restructuring Team Proton, Perodua is grinning ear to ear at the runaway success of their latest model the Perodua Myvi. The Perodua Myvi has […]
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Bernama Q&A Session with Tengku Mahaleel
Q1: Why are you lobbying for MV Agusta right now after it has been sold? A1: Here, we are trying to clarify our (me and former Prime Minister Tun Dr Mahathir Mohamad’s) positions because the […]
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Round 2: The TM duo question MV Agusta sale
As most of you know, Proton had disposed of MV Agusta last December for 1 Euro in an exercise to divest its non-core assets. Proton had originally acquire MV Agusta for 70 million Euros, on […]
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Tengku Mahaleel seeks damages
Tengku Tan Sri Mahaleel Tengku Ariff has brought the case of his controversial termination as the CEO of Proton to the Jabatan Perhubungan Perusahaan (IRD) of the Ministry of Human Resources. Tengku Mahaleel is seeking […]
