Proton sees 2020 turnaround; competitor Honda, not Perodua


Improved facility: (from left) Proton deputy CEO Datuk Radzaif Mohamed, Li, vice-president of sales and marketing Abdul Rashid Musa, Pantai Bharu owner Datuk Shamshudin Nor and director Rabitah Shamsudin at the official opening of the upgraded Proton 3S centre.

KLANG: Perusahaan Otomobil Nasional Sdn Bhd (Proton) is aiming for a turnaround in its operations by the year 2020. It doesn’t see Perodua as a competitor moving forward, but Honda

“I think for me, I will be able to do it in three years. But if it is in two years, it will be very good. It will be by 2020. I don’t think the directors can wait if it is in 2021,” chief executive officer Li Chunrong said.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Proton , turnaround , SUV , motor , cars , Perodua , Honda , auto , automotive , service ,

Next In Business News

VSTECS appointed distributor of Agibot humanoid robotics solutions
Kumpulan Jetson unit disposes of adhesives manufacturing business for RM14.8mil
Malaysia's Nov natural rubber production down 29.6% - DOSM
Perodua expects Malaysia's TIV to reach 820,000 units for 2025
Required low-carbon investment for OIC averages 1.4% of GDP - Bank Negara deputy governor
MPOB to introduce used cooking oil reference price in 1Q 2026
Bank rally keeps FBM KLCI at multi-year highs
Malaysia's property sector to shift to fundamental- driven growth - Knight Frank
Semico Capital achieves 80% premium over IPO price, raises RM23.2mil
Asia stocks climb as Nikkei jumps to record, earnings loom

Others Also Read