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The first round of the 2017 Malaysian Speed Festival (MSF) concluded on February 26 this year, which saw an action-packed series of races from competitors duking it out in the Saga Cup. Here’s a video […]
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Foreign interest will take Proton global – geostrategist
The news that all bidders in the running to be Proton’s foreign strategic partner (FSP) are still present and accounted for indicates that many parties want to take the Malaysian automaker to the global market, […]
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DRB-Hicom reiterates all parties that have submitted a bid for Proton are still present and accounted for
Another week, another statement – DRB-Hicom today issued a follow-up announcement to that made last week regarding the status of the interested parties bidding to become Proton’s foreign strategic partner (FSP). In case it hasn’t […]
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DRB-Hicom announces that all of Proton’s FSP bidders remain in the running – is Geely still in the picture?
Ah, the tangled tango continues to twirl. It seems that every automaker that submitted a bid to become Proton’s foreign strategic partner (FSP) is still very much in the picture, which means that Zhejiang Geely‘s […]
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Geely was keenly eyeing Lotus, looking at building Lynk & Co 01 SUV in Tanjung Malim with Proton deal
Chinese automaker Zhejiang Geely, reported to have withdrawn its bid to acquire a controlling stake in Proton, was said to be looking at the national carmaker’s Tanjung Malim plant as a base to build right-hand […]
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Proton will announce its strategic partner by May
Proton will be able to announce its foreign strategic partner (FSP) by May, according to second international trade and industry minister Datuk Seri Ong Ka Chuan. He made this announcement following the news that Chinese […]
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Geely pulls out of its bid for a partnership with Proton
Looks like it’s down to one. According to the South China Morning Post, Chinese automaker Zhejiang Geely has withdrawn from its bid to acquire a controlling stake in Proton. Geely president An Conghui told the […]
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Proton might follow Perodua’s path, with foreign strategy partner having a 51% equity stake – minister
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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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 […]