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21 May 2014

Tun Mahathir is Proton Chairman

Well, well. It looks like the good times are back... for Proton that is. It can be safely assumed that Malaysian's will continue paying ridiculous prices for their cars forever. What does it tell us about the company when it needs an ex-Prime Minister to "make it a success"? Wouldn't they be better off by appointing internationally successful professionals instead? Like other auto companies who hired established professionals to be part of their team? Like KIA's Design Director, Peter Schreyer?

Anyway, whatever suggestions given by auto industry experts in Malaysia all these years are purely academic. It's not like the people at Proton doesn't know.

The question is, do the Malaysian public still care whether Proton succeeds or not? All car buyers are only concerned about one thing, the price of cars! Something is seriously wrong when we have to take 9-year loans for a car.



Tun Mahathir confirms appointment as Proton chairman


KUALA LUMPUR: Former Prime Minister Tun Dr Mahathir Mohamad has confirmed that he will be appointed Chairman of Proton Holdings Bhd.
The official announcement is expected to be made tomorrow.
"My plan is to work with Proton, and make it (Proton) a success," he told reporters before the Asian Banker Annual Leadership Achievement Awards Dinner 2014 here tonight.

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