Proton partnership delay leads to trouble at home

The Malaysian Proton car dealers may go bust if the government fails to develop a foreign alliance for the national car maker.

Currently 180 Proton dealers have had losses over 20 million ringgit in the last financial year. This is due to the market share dropping from 60% to 30% with the arrival of more foreign car makers.
The Malaysian government has been trying to make an alliance with either the Volkswagen Group (as discussed in a previous article) or General Motors. Neither company has been successful, but the government claims that negotiations are still in the works.

“We are pleading to the government to decide immediately on the foreign partnership and future of Proton before the collapse of the dealers’ network,” Said Wan Ahmad Sepwan, the association president told reporters.
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richardp996 - 5/23/2007 2:12:49 PM

+1 Boost

I bet everyone at Lotus is keeping their ears open for future details and developments of issues related to Proton's difficulties.

richardp996 - 5/24/2007 9:45:49 AM

+1 Boost

I guess no one cares how situations here affect Lotus...