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Business 28 Jan 2003 | 12:00 AM Premium

Proton eyes stake in Moroccan car assembler

Perusahan Otomobil Nasional (Proton) is in talks with Moroccan authorities over the planned sale of a state stake in car assembler Somaca, a senior Finance and Privatisation Ministry official said here yesterday.

Business 20 Feb 2003 | 12:00 AM Premium

Volkswagen 2002 profit lower by nearly 10%

Volkswagen AG (VW), Europe's largest carmaker, reported yesterday a 9.6% fall in pre-tax profit to 3.986 billion euros (US$4.26bil) for 2002, meeting its target of around 4 billion.

Business 05 Apr 2003 | 12:00 AM Premium

Mergers in Japan neglect the hard part: cost cuts

TOKYO: Nobuaki Murayama need not look far to see why Mizuho Financial Group Inc and other products of Japanese mergers have not reduced jobs or raised profit.

Business 12 Apr 2003 | 12:00 AM Premium

Proton's survival plan

THE moment is nigh. National car maker Perusahaan Otomobil Nasional Bhd (Proton), which for long had enjoyed the exclusive pricing allure in the country's automotive industry, needs to get set to take on a brutally competitive market once the barriers come down.

Business 22 Apr 2003 | 12:00 AM Premium

Nissan, Honda unveil cars for China

Japan#8217;s Nissan Motor Co Ltd has launched its maiden locally made sedan for China, kick-starting an ambitious US$1bil expansion into one of the world#8217;s fastest growing and hotly contested car markets.

Business 24 Apr 2003 | 12:00 AM Premium

Nissan posts 51% profit rise

B>TOKYO:/BNissan Motor Co, Japan's third largest carmaker, reported a 51% rise in annual operating profit yesterday and forecast further growth ahead, powered by product launches in the key US market for minivans and hot-selling sport utility vehicles (SUVs).

Business 07 May 2003 | 12:00 AM Premium

Autopraha set to sell 400 cars

AUTOPRAHA Sdn Bhd, the sole importer and franchise holder of Skoda motor vehicles in Malaysia, is targeting to sell 400 units of the Czech-made car this year, said its executive chairman, Datuk Mohammadiah Moner Zazuli.

Business 27 May 2003 | 12:00 AM Premium

Tan Chong secures rights to Renault

TAN Chong Motor Holdings Bhd, a long-time Nissan distributor, has been granted exclusive rights to distribute Renault vehicles in Malaysia.

Business 02 Jun 2003 | 12:00 AM Premium

Stockwatch

Hanim Adnan writes on Siume Darby, KL Kepong, Plus Expressways, Proton and Maxis.

Business 11 Jul 2003 | 12:00 AM Premium

European car registrations for June show sign of start of recovery

Western European car registrations rose by 2.9 percent in June compared to the previous year, boosted by strong demand in Britain and France, the Association of European Auto Manufacturers (ACEA) reported Friday.