Proton Holdings Bhd aims to turn around its operations and expects to be profitable after five years, following the recently concluded partnership with Geely. Its chairman Dato’ Sri Syed Faisal Albar said developing a new product, consisting of designing and production among others, would take about three years, and he hopes to achieve break-even once production… Read More

UK-based automotive blogger Ian Seabrook has recently shared on his blog his latest purchase – a Proton Saga Aeroback originally purchased in 1990, which he bought for £50 (RM280). Seabrook, who goes by the name of “HubNut” on YouTube, was quite positive in his reviews, saying it is “a jolly car to drive”. “It ambles along… Read More

DRB-Hicom Bhd has signed the Definitive Agreement for China’s Zhejiang Geely Holding Group (ZGH) to take 49.9% equity in Malaysia’s first carmaker, Proton Holdings Berhad (Proton), as well as sold its entire stake in Lotus Advance Technology Sdn Bhd to ZGH and Etika Automotive Sdn Bhd. The signing took place exactly 30 days after both… Read More