Sign up | Log in



Home  >>  Daily News  >>  Malaysia News  >>  Automotive >> Proton’s search for a strategic suitor continues

NEWS UPDATES 13 September 2009

Proton’s search for a strategic suitor continues

Related Stories

September 12, 2009
Malaysia’s Mahathir happy to be back at Proton

September 11, 2009
Malaysia’ Proton restarts talks with VW

September 9, 2009
Study: Malaysian local car makers close gap with foreign makes

August 22, 2009
Malaysia’s Proton to ramp up exports to Asean

Malaysia’s national car maker Proton is in discussions with a foreign car company to strike a strategic alliance and hopes one would be concluded by year-end, local business daily Starbiz quoted Proton Holdings Bhd managing director Syed Zainal as saying Saturday.

Calling such a tie-up the “missing link” for Proton, Syed Zainal, however, did not disclose the identity of the party the national car maker was in talks with.

StarBiz reported on Friday that Proton was in discussions with Volkswagen (VW) on a strategic partnership that would see VW cars assembled at the former’s plant in Tanjung Malim, Perak.

The partnership is not expected to see VW taking up an equity stake in Proton but collaboration in platforms and engines is likely being negotiated.

The Malaysian government, said the paper, would like Proton to have a strategic alliance before the review of the National Automotive Policy (NAP) is completed. The NAP is expected to be announced next month.

Proton and VW are no strangers to negotiations as both parties came close a couple of years ago to striking a deal that would have seen the German company taking up an equity stake in the national carmaker.


Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below 




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand