Vehicle sales surged 13% to an all-time record high of 551,045 units last year as compared to 487,605 units in 2004.
Perodua's share of the total passenger car market increased (almost 3%) while on the other hand, Proton lost almost 3% as compared to 2004.
Overall, the share of non-national cars increased marginally to 22% of the total car industry from 21% previously.
Read related news here and here
TAGS: Proton Perodua Malaysia
Mitsubishi and Proton News
Different reporting styles can send different signals to the readers.
According to the Wall Street Journal yesterday, Mitsubishi Motor Corp ruled out any investment in Proton Holdings Bhd.
Some of you may recall that Mitsubishi sold its entire 7.93 % stake in Proton in 2004. However it still supplies parts to Proton.
Mitsubishi Motor president Osamu Masuko was reported as saying that they would to cooperate in some areas, "But such cooperation would not extend into a 'capital alliance'.
Today I read in the NST that: "Mitsubishi open to tech alliance with Proton."
Interesting!
TAGS: Proton Mitsubishi
According to the Wall Street Journal yesterday, Mitsubishi Motor Corp ruled out any investment in Proton Holdings Bhd.
Some of you may recall that Mitsubishi sold its entire 7.93 % stake in Proton in 2004. However it still supplies parts to Proton.
Mitsubishi Motor president Osamu Masuko was reported as saying that they would to cooperate in some areas, "But such cooperation would not extend into a 'capital alliance'.
Today I read in the NST that: "Mitsubishi open to tech alliance with Proton."
Interesting!
TAGS: Proton Mitsubishi
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