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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Auto Bavaria in RM30 million upgrade exercise
Sime Darby Group subsidiary Auto Bavaria is allocating RM30 million for the purpose of upgrading it’s branches nationwide. There are new BMW international corporate identity standards so the branches are being upgraded with new facilities […]
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E-plate to be available at JPJ-appointed dealers
There has been some followup news on the e-plate system, basically a wireless RFID MyKad-like system for cars announced in mid-December 2006. The e-plate system is part of the government’s Automated Enforcement System to be […]
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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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New road tax rates with effect from 01/01/07
The government has made some changes to the private vehicle road tax structure, with effect tomorrow – 1st January 2007. Road tax rates have been lowered by amounts between 4% TO 33%. There has also […]
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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 […]
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Cycle & Carriage Bintang Carnival & Road Show
If you’re free with nothing to do this weekend, you’re spoiled for choice for events to attend! Other than Auto Eurokars’ event, you also have Cycle & Carriage Bintang’s promotions in the Klang Valley. There […]
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New toll rates effective 1st Jan 2007
UPDATE #2: Read this post for a nice analysis. The government has announced the new rates for five highways, ending our anticipation ever since the announcement back in late November this year. The list below […]
