Wednesday, May 26, 2010
Proton & Volkswagon
2) After has been engulfed with controversies, losses, market shares declined, collaboration stumbled with potential partners as well as poor quality. Proton seems back in the right direction since Datuk Nadzmi Salleh became MD.
3) Now, there's seems a light at the end of the tunnel for Proton, which it still keeping momentum to crawling back the loss market share. Proton market share has risen 2% to 28% from 26%. Thus, has translated into revenue that rose 21% to RM 8.23 billion from RM 6.48 billion previously.
4) Proton said its domestic sales increase due to sales of its 3 models, Persona, Exora and Saga, this has make Proton return to the black.
6) The possible tie-up would possibly bring the synergy requires by Proton in competing in the international market, while VW in return would have more exposure in the local market as well as South Asia market which VW seeking to expanse it presence.