Proton needs foreign partner

Malaysia leader says Proton needs foreign alliance – MSNBC Wire Services – msnbc.com

Malaysia’s leader said that national carmaker Proton, criticized for shoddy workmanship and poor after-sales service, should tie-up with a strong foreign partner in a joint venture to remain competitive.

The comments by Prime Minister Abdullah Ahmad Badawi came amid news Wednesday that Proton has been sued by its former Chinese joint-venture partner, Goldstar Heavy Industrial Co. Ltd., for 1 billion yuan ($146 million) in compensation for breach of contract.

Abdullah indicated in an interview with The Associated Press that Proton should be willing to give majority control to a partner in a joint venture if necessary but refused to be drawn on specifics.

Asked if a foreign partner can hold a majority 51 percent stake, he said: “It doesn’t matter as long as Proton, the mother company, is entirely ours.”

Read:

Proton struggling without foreign partner

Proton downgraded

Malaysia’s Proton needs strategic partner – Khazanah – Forbes.com

Malaysia’s Proton shares tumble after VW talks end

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Posted in jijik, kosong, proton
One comment on “Proton needs foreign partner
  1. MOHD NORSAH says:

    SAYA PERCAYA PROTON MPV ADALAH SEBUAH KERETA YANG MAMPU MENARIK MINAT PEMINAT KERETA TEMPATAN DAN SETERUSNYA DAPAT BERSAING DALAM ARENA PERLUMBAAN JUALAN KERETA HARI INI.SETERUSNYA DIMANTAPKAN LAGI DENGAN KHIDMAT JUALAN DAN SELEPAS JUALAN YANG LEBIH MENARIK.

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