Cars
Proton to Enter Indian Market in 2009
Malaysian national carmaker Proton has announced its plans to enter the burgeoning Indian market that currently supports annual sales of about 1.5 million passenger vehicles. Initially, the Malaysian company will market three models, the Savvy, the Saga and the Persona with sales expected to begin in early 2009. Proton is also negotiating with a joint-venture partner in India to manufacture and market its cars. "We are looking at a number of possible joint venture partners in India with a strong focus on marketing," said Syed Zainal, managing director of Proton Cars.
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Drb-hicom Declines Offer For Lotus, Vw Reportedly Interested In Parent Company Proton
Last week, Reuters reported that the ever-expanding Volkswagen Group is considering to place a new bid for Proton, which owns the Lotus brand, some five years after the Germans failed to form a tie up with the Malaysian carmaker as it seeks to extend...
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Malaysia's Proton, Owner Of Lotus, Officially Confirms Talks With General Motors
It's been rumored for a while now that Malaysia's national automaker, Proton Holdings Bhd, is looking for a partner while recently it also became known that the company is considering selling the Lotus brand. After certain reports on GM's...
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New Proton Inspira: The Malaysian Lancer Officially Launched
Proton has officially unveiled its Mitsubishi Lancer-derived Inspira mid-sizer, after its soft launch to the public and media in late October. Since then Proton has received over 1,800 bookings from customers around Malaysia in anticipation of its market...
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Proton Launches Dual-fuel Gen-2 Ecologic Lpg Range
Malaysian automaker Proton has expanded its GEN-2 range in the U.K. with the introduction of two ‘ecoLogic’ dual fuel models that are able to run on either petrol or LPG (liquefied petroleum gas). Equipped with a 1.6-liter engine, the GEN-2...
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Renault-nissan Announce $2,500 Ulc Budget Car, To Be Built In India
The first company to challenge India’s Ratan Tata and his $2,500 Nano minicar will be the Renault – Nissan Alliance that announced today the formation of a joint-venture company with Indian carmaker “Bajaj Auto†to develop, produce...
Cars