Archive for Category: "Proton"
Malaysia's Proton develops new hybrid car
Malaysia's state-owned carmaker Proton is developing a new, fuel-efficient hybrid car to beat rising costs and address environmental concerns, reports said Sunday. Prime Minister Abdullah Ahmad Badawi told the state Bernama news agency he had already test-driven the car and urged the company to continue researching energy-saving techonologies. “The kind of car that all countries [...]
Consumers put the brakes on Malaysia's Proton
Malaysian Proton's highly publicised campaign to hike sales appears to have hit a road block, with drivers saying they will snub the national carmaker in favour of foreign models. Proton last month launched a “zero-defect” campaign aimed at erasing a persistent reputation for poor quality that has left it struggling to compete against Japanese and [...]
Malaysia has 'good feeling' about Proton-VW pact
Malaysia on Saturday expressed optimism about securing a partnership for loss-making carmaker Proton with German auto giant Volkswagen, with high-level talks planned in the coming weeks. “I can confirm that we have a good feeling about this,” second finance minister Nor Mohamed Yakcop told reporters. Volkswagen said Friday that it will intensify talks with Malaysian [...]
Proton Shares Go Down Further
Shares of troubled Malaysian carmaker Proton closed lower Monday after rising earlier in the day following a report that it was one step closer to a deal with German auto giant Volkswagen. Analyst said this positive news, along with a plan by the government to scrap cars 15 years and older on a voluntary basis, [...]
