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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 […]
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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 […]
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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 […]
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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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Proton Quarter 2 2006 Results
Proton’s Quarter 2 2006 financial results have just been posted on the Bursa Malaysia announcement page, and the figures are still in red. Losses before tax for Quarter 2 2006 is RM 240,480,000, compared to […]
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EON Dealers want EON-Edar merger
The EON Dealers Association of Malaysia (EDAM) is supportive of a merger between EON and Proton Edar, as the current market situation has caused 80% of EON dealers to be unprofitable losing between RM15,000 to […]
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2007 Proton Savvy facelift at A1 GP Sepang
Proton showed us a sneak preview of the upcoming Proton Savvy facelift at the recent 2006 A1 Grand Prix event in Sepang. This photo is from a paultan.org visitor from Savoc.net. While the strange shoulderline […]
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Proton Satria Neo A1 Special Edition
PROTON and A1 Team Malaysia unveiled the Proton Satria Neo A1 Team Malaysia Special Edition yesterday, a model that was developed with intention to go on sale next year. There are no prices and specifications […]
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Proton Stake Purchase Updates
Here are some due updates on the few companies that might end up as a new stakeholder in Proton, as well as have a controlling stake in it’s manufacturing arm. Mofaz Mofaz has teamed up […]
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PSA Peugoet Citroen and Proton to meet next week
Unnamed sources told the NST’s Business Times paper today that PSA Peugeot Citroen will be sending a top team to meet with Proton’s top management as well as officials from the Ministry of Finance and […]
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DRB-HICOM wants to help Proton
DRB-HICOM explained to the media yesterday the rationale behind it’s proposal to the government to purchase Proton shares owned by Khazanah Nasional. The proposal was on a preliminary level, and submitted a few weeks ago […]
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DRB-HICOM confirms Proton share purchase talk
DRB-HICOM said today in a reply to a Bursa Malaysia query on reports of it’s interest in purchasing Proton shares that it has submitted a proposal to the government in regards to the prospect of […]
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Nice Proton Savvy bodykit
I spotted this very nice kitted out black Proton Savvy at the Mentari Business Park in Sunway this afternoon. Looks pretty nice, the owner went around what’s considered one of the Savvy’s biggest design “defect”, […]
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Govt gives green light to foreign control in Proton
The online business daily with more little birds than you can ever imagine The Edge Daily – has a report quoting unnamed sources that the Malaysian government has given the go ahead on giving foreign […]
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Mofaz interested in Proton?
The Edge Weekly reports that the latest company to express interest in buying Proton shares is the Mofaz Group, a company that sells imported cars in Malaysia. In other news, investors are still skeptical about […]