Volkswagen still keen to buy Proton
Volkswagen and Proton are still in talks and it could end up with Volkswagen AG buying as much as 30% stake in Proton, or nothing at all. Volkswagen and Khazanah Nasional officials met at the […]
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Kleemann APs
The government says that the number of Franchise APs given to recipients are only as much as car makes of the car franchise they can sell.
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The 2004 AP List
The 2004 AP list is out. Khairy says he did not get any APs. Someone connected to Rafidah is pissed off. The government denies the Naza Ria was given national car status.
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Badawi: “Okay, publish all!”
MITI Minister Rafidah Aziz will publish the full list of AP recipients, after our prime minister Abdullah Ahmad Badawi instructed her to publish the full list while he was in South Africa for a 3-day […]
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Badawi: “Proton CEO to be Malaysian”
Hopes of Malaysians for a foreign CEO to steer Proton into a better era is dashed with this statement which our PM gave to Malaysian press during his 3-day visit to South Africa. On Tengku […]
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Mahaleel Down, Proton Shares Up
Proton shares jumped 11 per cent to a high of RM9.35 but later eased to close at RM9.15, an 8.3 per cent gain for the day after it’s board announced it’s on the lookout for […]
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New Proton CEO – Malaysian or Foreigner?
Two candidates have been identified as front-runners for the new top post at Proton replacing Tengku Mahaleel Ariff. They are Hicomobil Sdn Bhd’s chief executive officer Norzahid Mohd Zahudi and DRB-HICOM’s group director for services […]
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Mahaleel Did Not Agree To New Contract
More updates on the Proton CEO issue. Tengku Mahaleel’s contract was not renewed because he did not agree to the new two-year contract the board presented them with.
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Mahaleel Out Of A Job
Proton Holdings Bhd’s board has decided not to renew Tengku Tan Sri Mahaleel Tengku Ariff’s chief executive officer contract which expired September 30. Mahaleel had been in Proton since 1996 when he joined as vice […]
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The AP Saga Chronology
For those who have been in the dark on Rafidah and the AP Saga, here is a nicely compiled chronology of events by The Malay Mail.
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No More Tears!
This post will not have much text in it. A comic by Reggie Lee. :-P Via Brand New Malaysian
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How Franchise AP Holders Make Their Money
This is how Franchise AP holders make their money. Let’s use Honda cars for example. In Malaysia, Hondas are marketed and distributed by Honda Malaysia Sdn Bhd, a joint venture company between Honda Motor Co., […]
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AP Cheaters Identified
The Customs and Excise department is imposing a Profit and General Expenses charge on the 34 models of 6 makes of vehicles which the government believes have been underdeclared in the past.
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Ringgit Floated
The ringgit has been floated to a managed float against a basket of currencies which Malaysia trades with. This floating followed China’s decision to float their yuan. How will this affect our automotive market? The […]
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Proton Vendors Want Protection!
The Proton Vendors Association wants AP holders to be barred from importing cars that are in the segments of markets that Proton is in. It’s president Dr Wan Mohamed Wan Embong outlines what they want […]
