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PETALING JAYA: The planned RM1bil investment by DRB-Hicom Bhd to accelerate the development of Proton City in Tanjung Malim, Perak over the next five years may be a move to consolidate Protons manufacturing activities in a single location, automotive analysts say.
PETALING JAYA: The potential entry of five foreign vehicle players into Malaysia is expected to boost competition and provide long-term benefits to the domestic industry, observers say.
PETALING JAYA: The Malaysian Automotive Association (MAA) president has poured cold water on the need to consolidate the local automotive industry as most car companies, with the exception of Proton Holdings Bhd, are operating well above capacity.
BANGKOK: Proton's talks with a global original equipment manufacturer (OEM) for a strategic alliance is underway and the national car maker is confident of clinching a deal soon, Managing Director Datuk Syed Zainal Abidin Syed Mohamed Tahir said Wednesday.
PROTON Holdings Bhd's declining market share is expected to improve with the proposed Volkswagen (VW) alliance, as the latter will brighten sentiments on the national car manufacturer's earnings and performance, according to analysts.
Property Talk: A weekly column by S.C. Cheah. This week he says; While some developers are making waves in the property development scene, low-keyed Hicom Properties Sdn Bhd, the property development arm of the DRB-HICOM group, has been cautiously waiting for the right time to make its next move.