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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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%. …
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 …
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. …
Lexus Malaysia: Lexus LS460L and Lexus GS300
Details on Lexus Malaysia's operation plans was revealed to the public on the 13th of December 2006. The Lexus brand is a young one, only 17 years old and despite being a …
Proton Volkswagen updates: due diligence audit?
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 …
E-plates: RFID number plate for cars
Malaysian-registered cars will receive the equivalent of the MyKad system early next year - number plates called e-plates which will contain RFID tags which will contain information about the vehicle and it's …
Two Lexus models for Malaysia in 2007
UMW Toyota Motor Sdn Bhd's plans for the Lexus marque this year - two models, one of which will be the flagship Lexus LS. Lexus has never really been in Malaysia officially …
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 …
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 …
Wearnes hands over first Volkswagen batch
Volkswagen Group Malaysia handed over it's first car sold through the group on Friday, at a ceremony in Wisma UOA Bangsar. Naturally, the first car was the cult Volkswagen Golf GTI in …
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 …
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 …
