According to a report by The Edge, talks between car maker Proton Holdings Bhd and Europe's largest car maker Volkswagen AG - started and manufacturer of renowned Volkswagen Van parts --- that last year, but is not the enforcement of what the government of Malaysia is expected.
The weekly newspaper reported that officials from Proton and Volkswagen hit again and again, but do not develop actual agreement. The newspaper also that the talks progressing well and it seems like the German automaker has a bit of "cool" and seemed less anxious recently.
The newspaper, a source familiar with the situation quoted as saying: "This delay could reveal some doubts." The Malaysian government is under pressure to show details for the loss of partner Proton, which has lost its status as the country sold mostly to car makers announce rival Perodua. The government believes that the message of proton partnership with Volkswagen to help him recover.
Last week put its third consecutive quarter of proton losses, it would be blamed on increased competition and sluggish sales. The company received a net loss of 281.45 million for the third quarter rgt end of December compared to net income for the previous year of 86.51 million rgt made.
Second Finance Minister Nor Mohamed Yakcop said the government would release announcement on the strategic partner for Proton this month. Nobody knows yet whether it be the Volkswagen or any other company. "If the schedule might be tight and suggestions, sources say General Motors to be the world's largest vehicle manufacturer, to be good with the partner of choice for Proton." But according to The Edge Newspaper
The main objective of the protons partnership with a foreign automaker to prevent further decline in market share as competition heats planned. It should be noted that the situation, possible partnership between Volkswagen Proton leaked shares rose, but not after the news of the partnership was confirmed Proton shares plunged.
Apart from Volkswagen, Proton is also in talks with PSA Peugeot Citroen and French as well as some GM cars by Malaysian companies, indicating that the interest to buy shares in the company. It should be noted that the Malaysian Government, had 59 percent of Proton, including the mean of 43% Khazanah Nasional, the investment arm of the government instead.
For more information about your Volkswagen parts needs like Volkswagen Van, visit your trusted online source.
The weekly newspaper reported that officials from Proton and Volkswagen hit again and again, but do not develop actual agreement. The newspaper also that the talks progressing well and it seems like the German automaker has a bit of "cool" and seemed less anxious recently.
The newspaper, a source familiar with the situation quoted as saying: "This delay could reveal some doubts." The Malaysian government is under pressure to show details for the loss of partner Proton, which has lost its status as the country sold mostly to car makers announce rival Perodua. The government believes that the message of proton partnership with Volkswagen to help him recover.
Last week put its third consecutive quarter of proton losses, it would be blamed on increased competition and sluggish sales. The company received a net loss of 281.45 million for the third quarter rgt end of December compared to net income for the previous year of 86.51 million rgt made.
Second Finance Minister Nor Mohamed Yakcop said the government would release announcement on the strategic partner for Proton this month. Nobody knows yet whether it be the Volkswagen or any other company. "If the schedule might be tight and suggestions, sources say General Motors to be the world's largest vehicle manufacturer, to be good with the partner of choice for Proton." But according to The Edge Newspaper
The main objective of the protons partnership with a foreign automaker to prevent further decline in market share as competition heats planned. It should be noted that the situation, possible partnership between Volkswagen Proton leaked shares rose, but not after the news of the partnership was confirmed Proton shares plunged.
Apart from Volkswagen, Proton is also in talks with PSA Peugeot Citroen and French as well as some GM cars by Malaysian companies, indicating that the interest to buy shares in the company. It should be noted that the Malaysian Government, had 59 percent of Proton, including the mean of 43% Khazanah Nasional, the investment arm of the government instead.
For more information about your Volkswagen parts needs like Volkswagen Van, visit your trusted online source.
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