Proton: No additional explanation necessary
Looks like even though a draft response had been written, Proton will not be doing any additional explanation regarding the sale of MV Agusta to Gevi SpA to the public as requested by the joint […]
Search in Local News:
-
-
Proton preparing response to letter
Proton’s management has prepared a draft response to the joint letter by Tengku Tan Sri Mahaleel Ariff (ex-CEO of Proton) and Tun Dr. Mahathir Mohamed questioning the rationale of the sale of Proton’s 57.75% stake […]
-
Joint letter by Tun Dr. M and Tengku Mahaleel
This press release was forwarded to me not too long ago. It’s a joint release letter by Tun Dr. M and Tengku Mahaleel on the matter of Proton’s sale of MV Agusta. Among questions asked […]
-
Petrol prices might go up next month
Mail Money reports that sources have indicated petrol diesel prices might be raised as much as 20 sen and 10 sen a litre respectively next month, which is only 1 day away! Currently RON97 petrol […]
-
Proton-VW Tie-up Updates
Volkswagen and Proton tie-up talks have made some progress, after a meeting between Proton Holdings Bhd and Volkswagen AG in Bangkok recently. Apparently Volkswagen has dropped it’s insistence to have a controlling stake in Proton, […]
-
Proton disposes of MV Agusta for 1 Euro
Proton Holdings has sold it’s 57.57 percent stake in MV Agusta Spa to an Italian company Gevi Spa. Gevi Spa will assume MV Agusta’s debts and working capital requirements totalling 139.44 million euros, as announced […]
-
NAZA to sell Chinese mini cars
The NAZA Group, controlled by tycoon Tan Sri SM Nasimuddin SM Amin has set up a company called N-2 Sdn Bhd. N-2 is believed to focus on assembling and distributing Chinese-made mini cars, competing with […]
-
ChangAn CM8 assembled in Malaysia
UPDATE: The CM8 has been launched in Malaysia as the Chana Era CM8, the cheapest 7-seater in Malaysia with a price tag starting from under RM40k. ChangAn Auto Group, based in Chongqing, China has completed […]
-
Locally assembled Mitsubishi cars
Mitsubishi Motors Malaysia Sdn Bhd (joint venture betweeen Mitsubishi Japan 52% and EON 48%) is in talks with Proton Holdings Bhd and Sime Darby Bhd, among a few other car manufacturers on the possibility of […]
-
Oil Prices And Subsidies (An Explanation)
I found this article on the National Economic Action Council’s website on why the oil prices have been increasing and why the government cannot continue subsidising our fuel, as well as why Petronas cannot take […]
-
Dr. M: Proton losses a mystery
Dr. M has spoken up again on the issue of his brainchild Proton’s recent two quarterly losses in a row. “I am surprised that a company which was doing well suddenly reports losses (RM158 million […]
-
Team Proton mindset overhaul
Proton Managing Director Syed Zainal Abidin Syed Mohd Tahir gave some insights on his first steps to turn around loss-making Proton when his appointment as Proton MD takes effect on January 1 2006 for a […]
-
Jom Kembara adventure 2005, Sungkai
An announcement from Peter for Perodua Kembara owners. Should be quite fun to have a get-together for the family.
-
2006 Toyota VIOS Facelift in Malaysia
If you surf to UMW Toyota’s Toyota Vios website, you will see that the new facelifted Toyota Vios is now available for sale. The updated prices are RM88,880.00 for the 1.5G high spec model, and […]
-
Proton new head – Syed Zainal Abidin Tahir
Proton has named the successor to Tengku Mahaleel. With the title of Managing Director, Syed Zainal Abidin Tahir, 43 years old this year, will take over the helm of Proton and steer it into the […]
