Jump to content
MCF HangOut X Lexus – 9 May 2024, Lexus Boutique ×

VW and Proton partnership talk breaks down...again

VW and Proton partnership talk breaks down...again

SYF77

Entry posted by SYF77 ·

612 views

How do you feel when you see VW rims on Skoda?  

23 members have voted

  1. 1.

    • Indifferent ...
      9
    • Owner of the Skoda couldn't find Skoda rims
      5
    • Owner tries to disguise the Skoda as a VW
      9

blogentry-60386-1275949427.jpg

Talks between Volkswagen and Malaysian automaker Proton have broken down without the two sides coming to an agreement on a partnership, according to multiple published reports. The decision by Volkswagen to pull out of talks in favor of "other priorities" led to a drop in Proton's stock by over five percent.

 

This is actually the second time the German automotive conglomerate and Proton held meetings. The two sides first discussed the development of a strategic partnership back in October 2004, with talks fizzling-out in January 2006, before totally collapsing by November 2007.

 

The dive in Proton's shares during Asian stock trading appears to demonstrate investor uncertainty in the company's ability to grow and develop. "Proton's need for a strategic partner to leverage on to enter the global export market is crucial at this juncture before Proton gets further left behind by the competition," firm OSK Research told Forbes. Of recent years, there seemed to be a lack of new proton models in Singapore. Will Dr M


3 Comments

Recommended Comments

Heartbreakid

There are two sides to this and the previous talks. From Proton side, it seems like a losing deal because VW is making use of its facilities to build VWs to asean markets and taking over Proton. These are discuss in forums, which is true? I won't know.

 

All I know is proton is stupid enough. Very simple, because it is bloody slow in technology advancement, bloody slow in introducing replacement models, bloody slow in introducing different types of classes of vehicle i.e. SUV, MPV (just kick off). Their quality though improve, but their reliability is doubtful... Lastly is their attitude, always talk in advance and very little show...

 

Current Proton owners may be unhappy seeing my statements, but I'm sorry. Because I was once a proton owner, driving over 10 years on a WIRA and over a decade, WIRA are still selling... I was seriously disappointed by the advancement by Proton, even much more are their local country mates...

Link to comment
Heartbreakid

I just thought that Proton are putting themselves in a losing end, only to be supported by their Gov... As the above mention regarding their progress, it is a very good deal to collaborate with VW rather than sicking to their conservative mindset and playing the technology catch up games and still losing... What a pity... I thought proton, if making a deal with VW, it would establish their name to a higher stage and making their cars much, much better... See Skodas? Seat?

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Is 'tiny living' really irrelevant in Singapore?

    I discussed the possibility of living in tiny houses in Singapore in an earlier blog post. But as we know, it isn't an option to begin with – no thanks, of course, to our lack of land space.  Someone also pointed out that the idea of tiny houses is "romanticised" – which, I don't deny (but hey, that's why it's a dream). While it's clear tiny houses aren't going to work out here, the concept of 'tiny living' is; not just physically but also mentally. Anyone who has lived enough years lo
×
×
  • Create New...