Proton's losses widen in Q2, New Straits Times December 1, 2006
PROTON Holdings Bhd saw its losses widen during its second fiscal quarter, but its managing director says the outlook will improve with the launch of new car models and the sealing of a strategic alliance expected by early next year.
Datuk Syed Zainal Abidin Syed Mohamed Tahir said Proton should perform better in the near- to medium-term with a strategic blueprint already in place.
These include the planned launch of two new models in ...
**Refer to: http://www.encyclopedia.com/doc/1P1-131797824.html
Now.. Read this excerpt
Local auto makers patiently wait, The Star Online Saturday March 14, 2009 By JAGDEV SINGH SIDHU
For the long-term, Syed Zainal says the Government should consolidate the national car industry. ...he suggests that the national car maker that has given the most value add to the industry, which has too many players for it to sustain, be given the lead. That company he feels should be Proton.
**Refer to http://biz.thestar.com.my/news/story.asp?file=/2009/3/14/business/3470772&sec=business
My point?
1. Proton has a terrible business model, with terrible products, and well protected.
2. Perodua has been consistently rolling out quality products, at excellent prices to the Malaysian consumer, without much protection.
3. Syed Zainal has been in the leadership of Proton for eons, yet the same poor business model, cloudy strategy and waste-of-time products continue until today. (A 3 years period is usually the cut-off point for determining whether a leader is competent or not)
4. PERODUA is the best competitor to Proton, eating up its market share quietly all these years
5. Proton has no way to beat Perodua in the open market
6. Yet, Syed Zainal still has the cheek to suggest that the Government consolidate the industry (hinting that Perodua should fold under Proton) because (get this irony)... "Proton has added the most value to the industry".
7. Do I need to say more?
Still don't believe me? Then read these posts:
- How suck is Proton? On http://www.wahlau.net/2007/02/25/how-suck-is-proton/
- Perodua or Proton? On http://geminigeek.com/blog/archives/2005/06/perodua-or-proton/
- Proton Sucks! On http://ecstacyelmo.blogspot.com/2008/03/proton-sucks.html
-TURD-
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30 comments:
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