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Proton shares dipped 40 sen to RM7.35 after the government denied any conclusion to the Proton-Volkswagen talks. Before the rumour reported by XinHua Finance, share prices was RM6.85, then it surged 90 sen to RM7.75, […]
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Rumours of VW winning Proton bid
XinHua Finance (XFN Asia) says an industry source informed it that Volkswagen AG has signed an agreement to buy a substantial stake in the manufacturing arm of Malaysia’s Proton Holdings Bhd. The stake involved is […]
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Proton 2006 sales dip; EPF buys more Proton shares
Proton’s sales for the year 2006 dropped 30.4% from 166,118 in 2006 to 115,538, while the total industry volume dropped 11% from a record high of 552,316 in 2005 to 490,768 units in 2006. MAA’s […]
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2007 Proton Savvy Facelift Launched!
This morning’s event was a double launch by Proton. Launched together with the new 2007 Proton Waja facelift was the long awaited Proton Savvy facelift, which were shown to the public first at the A1 […]
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2007 Proton Waja Facelift Launched
Proton launched the new 2007 Proton Waja Facelift this morning at it’s Center of Excellence along the KESAS Highway. Immediately noticable is the new front grille, reminiscent of the old Volkswagen/Audi grille which has since […]
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Proton-PSA partnership feasibility study completed
Proton and PSA Peugeot Citroen’s technical feasibility studies have just concluded, and both parties are in the process of evaluating the results of the studies now. The feasibility studies included gauging the feasibility of collaborating […]
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GM CEO confirms GM-Proton talks
General Motors CEO Rick Wagoner has confirmed that GM is in talks with Proton, but says at this level they are at the conversation level, nothing extensive yet. He also declined to state any possible […]
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Proton Savvy facelift in Taiwan (left hand drive)
Proton’s new Proton Savvy facelift was launched in Taiwan on the 3rd of January 2007, and sports a few changes, mainly on the rear end design as well as the interior. Previously we’ve tasted a […]
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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 […]
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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 […]
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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 […]
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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 […]
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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. […]
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Looking for Perdana V6 front passenger seat
I know this is a long shot, but I am looking for a Perdana V6 front passenger leather seat to buy. Most half cut shops only stock fabric seats. So if you have one for […]
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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 […]