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Home News Auto News Up To 51 Percent of Proton Up For Sale – Skoda, Suzuki, Renault, Peugeot Interested Up To 51 Percent of Proton Up For Sale – Skoda, Suzuki, Renault, Peugeot Interested Auto News Hans | September 28, 2016 05:44 pm DRB-Hicom, the government linked conglomerate that owns Proton Holdings, is rumoured to be looking to sell as much as 51 percent of Proton to raise funds to turn around the ailing national car maker.According a report by Bloomberg, citing two unidentified individuals familiar with the matter, Proton is talking to several interested suitors, which now includes Volkswagen’s budget brand Skoda, Suzuki, Renault and Groupe PSA (Peugeot and Citroen)."A stake of as much as 51 percent will be sold in Proton, which also owns British sports-car maker Lotus Cars Ltd., two people said," said Bloomberg.The report also added that the list of suitors will be trimmed down by the end of October.A separate report by The Star has also linked the Naza Group, the distributor Peugeot and Citroen vehicles in Malaysia, expecting Naza to be involved at a later stage if discussions between Proton and Groupe PSA proceeds well.Suzuki already has an established ties with Proton, with the upcoming Suzuki Ertiga-based Proton MPV to be the first of at least two upcoming Suzuki-based Proton models.Peugeot, along with the Volkswagen Group have in the past held similar discussions with Proton but didn’t nothing materialized from those talks.Update: Proton Stake Sale: 5 Buyers Interested, Decision By 2018 ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Proton Print Related News Proton Expects Better Fortunes In 2016 Auto News Hans | June 30, 2015 2014 has been a washout year for Proton and 2015 isn't looking good for the national carmaker. Total sales for calendar year 2014 reached a new low ... Proton Enters Joint Venture With China's Goldstar Auto News Hans | June 30, 2015 Proton has entered tripartite joint venture agreement with Britain's Lotus Group International Limited and China's Goldstar Heavy Industrial Co. Ltd. ... 30 Years of Proton – Tracing Back To A Time When Malaysians Cheered For Proton Insights Hans | July 13, 2015 Proton, that one word which mere mention in any headline on any publication will elicit strong, emotionally charged responses, be they for or against ... Remembering The Late Datuk Gurcharan Singh – A True Malaysian Who Made Proton A Success In The ‘80s. Insights Hans | October 22, 2020 On this day 30 years ago, Tun Dr. Mahathir launched the first Proton Saga. The first production Saga, bearing registration number Proton 1 was given ... Comments
Up To 51 Percent of Proton Up For Sale – Skoda, Suzuki, Renault, Peugeot Interested Auto News Hans | September 28, 2016 05:44 pm DRB-Hicom, the government linked conglomerate that owns Proton Holdings, is rumoured to be looking to sell as much as 51 percent of Proton to raise funds to turn around the ailing national car maker.According a report by Bloomberg, citing two unidentified individuals familiar with the matter, Proton is talking to several interested suitors, which now includes Volkswagen’s budget brand Skoda, Suzuki, Renault and Groupe PSA (Peugeot and Citroen)."A stake of as much as 51 percent will be sold in Proton, which also owns British sports-car maker Lotus Cars Ltd., two people said," said Bloomberg.The report also added that the list of suitors will be trimmed down by the end of October.A separate report by The Star has also linked the Naza Group, the distributor Peugeot and Citroen vehicles in Malaysia, expecting Naza to be involved at a later stage if discussions between Proton and Groupe PSA proceeds well.Suzuki already has an established ties with Proton, with the upcoming Suzuki Ertiga-based Proton MPV to be the first of at least two upcoming Suzuki-based Proton models.Peugeot, along with the Volkswagen Group have in the past held similar discussions with Proton but didn’t nothing materialized from those talks.Update: Proton Stake Sale: 5 Buyers Interested, Decision By 2018 ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Proton
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
Proton Expects Better Fortunes In 2016 Auto News Hans | June 30, 2015 2014 has been a washout year for Proton and 2015 isn't looking good for the national carmaker. Total sales for calendar year 2014 reached a new low ...
Proton Enters Joint Venture With China's Goldstar Auto News Hans | June 30, 2015 Proton has entered tripartite joint venture agreement with Britain's Lotus Group International Limited and China's Goldstar Heavy Industrial Co. Ltd. ...
30 Years of Proton – Tracing Back To A Time When Malaysians Cheered For Proton Insights Hans | July 13, 2015 Proton, that one word which mere mention in any headline on any publication will elicit strong, emotionally charged responses, be they for or against ...
Remembering The Late Datuk Gurcharan Singh – A True Malaysian Who Made Proton A Success In The ‘80s. Insights Hans | October 22, 2020 On this day 30 years ago, Tun Dr. Mahathir launched the first Proton Saga. The first production Saga, bearing registration number Proton 1 was given ...