Saturday 5 October 2013

Proton Holding Bhd and the largest car maker in Europe , Volkswagen AG

According to a report by The Edge, talks between the automaker Proton Holding Bhd and the largest carmaker in Europe , Volkswagen AG - Volkswagen and reputed manufacturer Van parts --- that began last year have not yet been pushing through by the Malaysian government hopes.The newspaper reported that officials from Proton and Volkswagen have met several times , but no concrete agreement has been developed . The newspaper also said that the talks were not going well and it seems that the German automaker a little "cold" and has seemed less busy lately ." This delay could reveal some doubts : The newspaper also a source familiar with the situation quoted as saying . " The Malaysian government is under pressure to , as an important announce details of the partnership loss- proton , which has lost its status - . Selling automaker Perodua rival countries , the Government believes that the new partnership with Proton Volkswagen is the help to recover.Last week, Proton announced its third consecutive quarter of losses attributed it to increased competition and sluggish sales . The company earned a net loss of GTA 281 450 000 for the third quarter of the year compared to a net profit, he did a year ago for $ 86,510,000 GTA.Second Finance Minister Nor Mohamed Yakcop said the government is an announcement on the strategic partner for Proton release this month . No one knows whether it would be even Volkswagen or any other company . However, according to the newspaper The Edge " If this schedule is strictly adhered to , according to some sources, General Motors , the largest automaker in the world , the partner of choice for proton could be . "The main proton has entered a partnership with a foreign manufacturer destination to a further decline expected its market share as competition heats prevent . It should be noted that when the news of a possible partnership with Volkswagen fled actions Proton has increased, but under the new partnership has not been confirmed Proton shares fell to .Apart from Volkswagen proton has also been in talks with GM and PSA Peugeot Citroen in France and about three Malaysian automotive companies are interested in the purchase of shares of the Company expressed . It should be noted that the Malaysian government has kept 59 percent of the proton , including a 43 % stake from Khazanah Nasional , the investment arm of the government.To learn more about your Volkswagen parts needs like Volkswagen Van parts , visit your trusted online source.Growing up with three brothers , Natalie Anderson became exposed early to the world of the automobile. The 29 -year-old account manager dreams of his own car high-end collection.