Friday, March 13, 2009

Talks to Save Proton Failed

According to a report by The Edge, talks between the car manufacturer Proton Holding Bhd and Europe's largest manufacturer, Volkswagen AG and Volkswagen renowned manufacturers of components --- Van started last year was exacerbated by the function that the government Hopes Malaysia.

The weekly newspaper has stated that officials from Proton and Volkswagen met again, but no concrete agreement was signed. The newspaper added that the talks were not so good and it seems that the German car maker has something "cool" and less worried lately.

The newspaper also quoted a source familiar with the situation with the words: "This period could be considered as my doubts." The Malaysian government is also under pressure to announce details of the partnership for the loss of the proton, its status as the country 's biggest rival Perodua Vehicle Service. The government believes that the new Proton, its partnership with Volkswagen , it can help.

In the last week, Proton announced third quarter as a result of losses, which it a more competitive distribution and stagnation. The company receives a net loss of 281.45 million RGT for the third quarter compared to net income at the end of December it adopted a year earlier, amounting to 86.51 million RGT.

The Second Finance Minister Nor Mohamed Yakcop said that the government would be the publication of an advertisement on the Proton strategic partner in this month. Nobody knows whether it is, Volkswagen or any other company. But after The Edge newspaper, "If this timetable is consistent, known as General Motors, the largest car manufacturer in the world, could be the partner of choice for the protonthérapie.

The main goal, a partnership with Proton foreign automotive industry is to further reduce the market share than the competition. It should be noted that news of a possible partnership with Volkswagen on the run from the proton, but after the announcement of the partnership was not confirmed by proton dipped.

Aside from Volkswagen, Proton was in talks with General Motors and PSA Peugeot Citroen in France more than three companies in the automotive industry have shown interest in Malaysia for the purchase of shares in the company. It should be noted that the Government of Malaysia has 59 percent of Proton, including the participation of 43% owned by Khazanah Nasional, the investment arm of the government.

To find out more about your needs, such as the Volkswagen parts Volkswagen Van Parties, visit your trusted online source.

Growing up with three brothers, Natalie Anderson is too early to give lectures in the world of the automobile. This 29 years old, account manager, now have the dreams of their own top-of-the-line vintage car.

No comments:

Post a Comment