Proton has been asked by Chinese automaker Geely to expand its presence across the region, initially focusing on ASEAN markets such as Thailand, Indonesia, Singapore and Brunei. According to Proton CEO Li Chunrong, the automaker …
Proton has been asked by Chinese automaker Geely to expand its presence across the region, initially focusing on ASEAN markets such as Thailand, Indonesia, Singapore and Brunei.
Truth is, the car industry is very competitive. If even the big names couldn’t survive, what more a company like Proton. The arrangement with Geely seems like the best option…just as it was for Volvo. Let’s hope Proton will continue to thrive.Msia petrol and car are cheapest in region …only except the X70 in Brunei sell B$30K, we Msians hvin it real good life.Affirmative policy and NEP only bred complacency & expensip car components produced by local Malaysian vendors.
Perodua had done nothing to justify their status and privileges as National Car for the fact they are only assembling outdated Daihatsu cars. Their status as National Car should be revoked immediately and they must be made to pay back all the tax deductions and incentives they were given since Day One.
MACC should investigate their business operation and revoke their status as National Car maker, then make them pay back all the incentives and tax deductions they had cheated from the gomen in the past 30 years. Do this better than snooping onto private conversations.They only got brain to cheat people of their money and send back all profits to Japan leaving none for Malaysia.Perodua only did well because of Japan.
Geely to acquire 49.9% stake in Proton, 51% in Lotus – definitive agreement to be signed before end of July. If the Saga can be launched in Singapore while undercutting the Bezza at SGD5k, it would be cheaper than the Attrage by SGD10k, it would definitely sell a decent amount to people that just need a basic car.Actually Geely has benefited tremendously from the brand goodwill it got from the Proton brand right now in malaysia. If they entered malaysia as their own brand and as a chinese car manufacturer, they wont be able to get to the 2nd spot overall in malaysia like where Proton is right now.
I would say that if Geely entered the market on its own, while it may take a couple of years longer, it will do well.If Geely entered the market on its own, it will do not much better than any current chinese brands in malaysia. Do you even know that some banks do not even want to give out loans for Bogward due to its chinese car origin? So much for its supposed German brand origins! Geely will certainly be met with the same fate if it did try to enter malaysian market with their own name.
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