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Monday, April 02, 2007

PM to meet Volkswagen over Proton

KUALA LUMPUR: Prime Minister Datuk Seri Abdullah Ahmad Badawi is expected to meet top officials from Volkswagen over the future of national automaker Proton, a senior official said.

“A high-level meeting is expected soon. It is being arranged,” the official who is familiar with the talks on a possible tie-up said yesterday.

The official, speaking on condition of anonymity, said the meeting would take place here.

Abdullah has said Malaysia may allow Volkswagen to gain a controlling stake in Proton, a move that would help improve the fortunes of the company.

The planned meeting comes as Malaysia missed a Saturday deadline to name a strategic partner for Proton, whose controlling shareholder is state investment arm Khazanah Nasional, which holds a 42.7% stake. – AFP

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What is the main factor for you to buy a Proton Car?
Low price and no other choice due to budget
Good resale value
Low maintenance cost
Ride & Handling is good
Reliable parts, chasis and engine
Good Styling exterior & Interior
Patriotism (I support Made in Malaysia Products)
Follow others (Follow Majorities should be the best choice)