Sunday, August 15, 2010

Talks to Saved Proton failed

According to a report by The Edge, talks between Proton Holdings Bhd have car manufacturers and the largest automobile manufacturer in Europe, Volkswagen AG - and the parts manufacturers of the famous Volkswagen Van --- began last year has not pushed through on the basis of what the Malaysian government hopes.
The weekly newspaper has reported that officials from Proton and Volkswagen had several goal is no concrete agreement was made "was developed. The newspaper reported that officials from Proton and Volkswagen had several times taken, but nothing concrete has been developed. Has the newspaper that the talks have-nots is well and that it seems like, the German automaker is something cool "and appeared lately much less zealous. The newspaper added that were the talks is not good and it seems that the German manufacturer There is something "cool" and seems less anxious lately.
The newspaper quotes a source has also familiar with the situation said: "This delay could" Reveal some doubts. "The newspaper is a source familiar with the situation said:" This delay could be cited to reveal some doubts. "Est aussi The Malaysian government under pressure to details of the partnership for the loss-proton, the Has Lost STI status as the largest of the known country-selling rival car maker Perodua. The Malaysian government is also under pressure, details of the partnership for the loss-making Proton, which has lost its status as a car manufacturer selling to announce in the country rival Perodua. believes that the government news Proton partnership with Volkswagen to help it to recover. The government believes that new partnership with Proton, Volkswagen help it can recover.
Last week, Proton announced its third consecutive quarter of losses, it raises Sluggish sales and increased competition. Proton announced last week its third consecutive quarter of losses due to increased competition and slow sales. The company has net loss of 281.45 million obtenu RGT for the third quarter ended December compared to net income She has a year amounting to 86.51 million earlier RGT. The company reported a net loss of 281.45 million RGT for the third quarter ended December as compared to net income, he had a year ago for $ 86,510,000 of the RGT.
Finance Minister Nor Mohamed Said The second would Yakcop This year, the government announcement on the Proton's strategic partner release this month. The Second Minister of Finance nor Yakcop Mohamad said the government would be an announcement on strategic partners proton release this month. No one knows if it is a while other Volkswagen Gold Company. No one knows if they would have a Volkswagen or another company. LUKAS Purpose To The Edge newspaper, "If This Is timetable adhered strictly to say, sources, General Motors, The World's Largest car manufacturer," also could partner of choice for Become The Proton. "But the newspaper, The Edge said:" If this timetable is adhered to strictly, sources say, General Motors, the world's largest car manufacturer is to be the preferred partner for Proton.
The goal of the hand Proton HAVING a partnership with a foreign car manufacturer is to avoid further loss of market share competition Designated have heats. The main aim of which is a partnership with a foreign manufacturer Proton prevent a further decline expected its market share as competition intensified. It is that, if the message is from a possible partnership with Volkswagen, have pointed out, the shares of the target proton leaked increased after the message could not be confirmed by the partnership, the shares of the proton to be overthrown. It should be noted that, fled when news of a possible partnership with Proton, Volkswagen shares rose, but after news the company is not of Proton shares have been confirmed to be overthrown.
Apart from Proton, Volkswagen has also in talks with GM and PSA Peugeot Citroen in France Three Malaysian automotive Some other companies have expressed interest in purchasing the shares in the company have been. Apart from Volkswagen, Proton has been in talks with GM and PSA Peugeot Citroen in France, over the approximately three Malaysian automotive firms have expressed interest in buying shares in the company. It should be noted that the Malaysian government holds 59 percent of Proton Including a contribution of 43% Khazanah Nasional hero, the investment arm of the government. It should be noted that the Malaysian government, 59 percent of Proton, including a 43% of Khazanah Nasional, the investment arm of the government is in possession.
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Growing up with three brothers, Natalie Anderson Exposed early to the world of automobiles. Grew up with his three brothers, Natalie Anderson was suspended early in the automotive world. The 29-year-old account manager now dreams of their own top-of-the-line vintage car. The 29-year-old account manager now dreams of his own classic car upmarket.
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