Local News · Page 1186

Cars

Volkswagen still keen to buy Proton

Volkswagen and Proton are still in talks and it could end up with Volkswagen AG buying as much as 30% stake in Proton, or nothing at all. Volkswagen and Khazanah Nasional officials …

Cars

Kleemann APs

The government says that the number of Franchise APs given to recipients are only as much as car makes of the car franchise they can sell. I quote Kleemann Motorsport's press releases. …

Local News

The 2004 AP List

The 2004 AP list is out. Khairy says he did not get any APs. Someone connected to Rafidah is pissed off. The government denies the Naza Ria was given national car status. …

Local News

Badawi: “Okay, publish all!”

MITI Minister Rafidah Aziz will publish the full list of AP recipients, after our prime minister Abdullah Ahmad Badawi instructed her to publish the full list while he was in South Africa …

Local News

New Proton CEO – Malaysian or Foreigner?

Two candidates have been identified as front-runners for the new top post at Proton replacing Tengku Mahaleel Ariff. They are Hicomobil Sdn Bhd's chief executive officer Norzahid Mohd Zahudi and DRB-HICOM's group …

Local News

Mahaleel Did Not Agree To New Contract

More updates on the Proton CEO issue. Tengku Mahaleel's contract was not renewed because he did not agree to the new two-year contract the board presented them with. He felt the terms …

Local News

Mahaleel Out Of A Job

Proton Holdings Bhd's board has decided not to renew Tengku Tan Sri Mahaleel Tengku Ariff's chief executive officer contract which expired September 30. Mahaleel had been in Proton since 1996 when he …

Local News

The AP Saga Chronology

For those who have been in the dark on Rafidah and the AP Saga, here is a nicely compiled chronology of events by The Malay Mail. June 28: Proton CEO Tengku Mahaleel …

Local News

No More Tears!

This post will not have much text in it. A comic by Reggie Lee. :-P Via Brand New Malaysian

Cars

How Franchise AP Holders Make Their Money

This is how Franchise AP holders make their money. Let's use Honda cars for example. In Malaysia, Hondas are marketed and distributed by Honda Malaysia Sdn Bhd, a joint venture company between …

Cars

AP Cheaters Identified

The Customs and Excise department is imposing a Profit and General Expenses charge on the 34 models of 6 makes of vehicles which the government believes have been underdeclared in the past. …

Local News

Ringgit Floated

The ringgit has been floated to a managed float against a basket of currencies which Malaysia trades with. This floating followed China's decision to float their yuan. How will this affect our …

Cars

Proton Vendors Want Protection!

The Proton Vendors Association wants AP holders to be barred from importing cars that are in the segments of markets that Proton is in. It's president Dr Wan Mohamed Wan Embong outlines …

Cars

AP Saga: The Opposition Speaks Up

Opposition party DAP leader Lim Kit Siang has insisted that MITI Minister Rafidah Aziz should disclose the full list of AP recipients since she took over the MITI portfolio in 1987. The …

Cars

Ku Li’s take on the AP Saga

This is Tengku Razaleigh or known as Ku Li's take on the Naza national car status and AP issue. The video is 3MB. Ku_Li_190705_Hi.wmv He seems to be speaking up alot lately. …

Cars

How AP Holders Cheat The Government

The AP list has been unveiled but we are still in the dark in relation to the original context of how the AP Saga came to be. It all started when Proton …

Cars

AP Permit Figures

Rafidah says there were 66,277 units of approved AP last year (2004). [Source, Source] Mahathir says there were 67,000 APs released last year (2004). [Source] The Prime Minister's Office released a list …

Cars

Myvi Sales Skyrocket!

The Perodua Myvi is selling like hotcakes! Sales figures are at a mind-blowing average of 10,188 units a month, exceeding the original monthly target of 4800 units. Myvi sales have hit 40,751 …

Cars

Volkswagen and Proton Partnership

Volkswagen says it will take at least 7 years of working with Proton before it will consider a more permanent partnership such as taking up equity in the company. Currently cooperation between …

Cars

Talks between Proton and Volkswagen stalled

Talks between Proton and Volkswagen AG have been stalled due to a disagreement between Volkswagen and Proton top management on the amount of equity which Volkswagen wished to take in the company. …

 
 

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