Proton - automotive industry company news 
MALAYSIA: DRB-Hicom delists Proton from stock exchange
8 May 2012
Proton Holdings Bhd was delisted from the Malaysian Stock Exchange following the successful acquisition of 90% of the equity by new owner DRB-Hicom Bhd.
UK: DRB-Hicom boss and minister hold 'very constructive' Lotus meeting
4 May 2012
The managing director of Lotus owner DRB-Hicom has met UK Business Secretary Vince Cable in London for talks about Lotus. A Department for Business spokesman told just-auto that the talks were “very constructive”.
BEIJING SHOW: Historic list of world premieres
25 April 2012
The final list of world premiere concepts and production models which appeared for the first time at AutoChina 2012 on the 23 and 24 April media preview days.
MALAYSIA: DRB-Hicom 'not decided' on Lotus sale
23 April 2012
DRB-Hicom, owner of Lotus parent Proton, has issued a statement to say that it has not decided to sell Lotus.
UK: [UPDATED 15:24 BST] Rumours swirl over Lotus 'in trouble'
11 April 2012
The new owner of Group Lotus parent Proton is currently evaluating strategies for the UK-based sportscar and engineering services unit amid increasing reports that a sale or the firm entering administration in Britain are under consideration.
MALAYSIA: Proton Q3 losses widen amid uncertainty
5 March 2012
Malaysia’s first national carmaker, Proton Holdings, reported a sharp deterioration in its financial results for the quarter ending on 31 December, 2011.
EMERGING MARKETS ANALYSIS: Chinese exports finally start to gain traction
2 March 2012
China’s car industry has been on the steepest of growth curves for a decade now, but the growth rate is starting to slow. So is now the time to turn to Plan B – exports to the West? Mark Bursa reports
MALAYSIA: Vehicle sales fall 25% in January
21 February 2012
New vehicle sales in Malaysia declined by 25.2% to 40,948 units in January, from 54,781 units a year earlier, according to the Malaysian Automotive Association (MAA).
MALAYSIA: DRB-Hicom to review Proton’s strategy
19 January 2012
Malaysia’s DRB-Hicom has begun a review of Proton’s operations and strategy after it acquired the Malaysian government’s 42.7% stake in the national carmaker. The company is also expected to acquire other minority holdings in Proton to consolidate its control.
MALAYSIA: Government sells Proton stake to local importer
16 January 2012
Malaysian state investment arm Khazanah Nasional had sold its 42.7% stake in struggling national automaker Proton to leading car distributor and importer DRB-HICOM.
MALAYSIA: DRB-Hicom confirms interest in Proton
10 January 2012
Malaysia’s diversified industrial group DRB-HICOM has confirmed its interest in acquiring the 42.7% stake in Proton Holdings owned by state-owned investment company Khazanah Nasional Bhd.
MALAYSIA: Proton restarts alliance talks with GM
9 January 2012
Malaysia’s Proton Holdings has confirmed it is in alliance talks yet again with General Motors, although it stressed that these are still at a preliminary stage.
UK: Lotus CEO signs up for another four years
13 December 2011
Group Lotus CEO Dany Bahar has entered into a new agreement to stay in his post at the company until the end of 2015. He has also told journalists that the company could be sold then.
MALAYSIA: DRB-Hicom to buy stake in Proton
12 December 2011
Malaysia’s state-owned Khazanah Nasional is looking to sell its 42.7% stake in Proton Holdings to DRB-Hicom, a diversified local industrial company with a growing automotive portfolio, according to local reports.
November 2011 management briefing: ASEAN – part 3
30 November 2011
Summary: A look at OEM developments in Malaysia, the Philippines and Vietnam
MALAYSIA: Proton’s Q2 profits fall 76%
29 November 2011
Malaysia’s Proton reported a 76.4% year-on-year fall in net profits to MYR 15.55 million (USD 5.1 million) in the second quarter of the current fiscal year, to September 30th.
November 2011 management briefing: ASEAN – part 2
24 November 2011
In this month's management briefing Tony Pugliese takes a close look at the growing automotive markets and industry in the ASEAN area of southeast Asia. Part 2 looks at trends in vehicle manufacturing, focusing on OEM developments in Thailand and Indonesia.
MALAYSIA: Genii may acquire stake in Group Lotus
12 October 2011
Luxembourg-based investment firm Genii Capital is looking to acquire a stake in UK sportscar and engineering firm Group Lotus, according to reports in the UK press quoting high-level sources within the company.
MALAYSIA: Proton now in collaboration talks with Perodua
6 October 2011
Malaysia’s two main national car companies, Proton and Perodua, are in discussions that are expected to lead to closer collaboration between the two automakers.
MALAYSIA/JAPAN: Proton and MMC talking new collaboration
15 September 2011
Proton has announced a "serious discussion for strategic collaboration" with Mitsubishi Motors (MMC) "to further strengthen the competitiveness of both Proton and MMC in the global marketplace".
MALAYSIA: Proton’s earnings gobbled up by Lotus
30 August 2011
Proton Holdings reported a 95% drop in net earnings to MYR4.5m in the first quarter of the current financial 2011, ending in June, compared with a MYR84.7m a year earlier.
MALAYSIA: Proton raises R&D spend
25 July 2011
Proton said it had raised its annual R&D budget to MYR90m-MYR100m (US$30m-$33.3m) to help stay in touch with the ever-evolving global automotive industry.
UK: Lotus announces increased revenues
21 July 2011
Lotus has announced increased revenues for the year ended 31 March.
UK: Lotus sees jobs creation under expansion plans
19 July 2011
Managers at Lotus believe that up to 1,200 new jobs could be created under plans to add models and expand output at its UK operations base.
FEATURE: Electric vehicle range extenders – rival approaches
18 July 2011
As automotive manufacturers announce new projects, Dr Peter Harrop, Chairman IDTechEx, takes a look at the latest developments in the burgeoning field of the EV 'range extender'.
UK: Lotus awaits UK loan news
4 July 2011
Specialist sports car maker Lotus should know in about three months whether a second attempt to raise cash from the UK government has succeeded.
ANALYSIS: What does Saab get from Youngman?
13 June 2011
While it is way too early to know how the proposed manufacturing and distribution venture between Spyker, Saab, Pang Da and Youngman will pan out, it's worth taking a look at what other manufacturer alliances Youngman is already involved in.
CHINA: Youngman to build cars for Saab
13 June 2011
Spyker Cars, Saab Automobile, Pang Da Automobile and Zhejiang Youngman Lotus Automobile (Youngman) have signed a non-binding memorandum of understanding (MoU) for the manufacture and distribution of cars in China.
MALAYSIA: Proton increases spending to fund expansion
31 May 2011
Malaysia’s Proton Holdings reported a threefold increase in net profits to MYR61.6m (US$21.4m) for the quarter ended 31 March, compared with MYR2.64m a year earlier.
UK: Lotus confirms funding for new models
26 May 2011
Proton has been propping up Lotus cars for many years and has emerged as a key player in funding the British sports car company's ambitious new product plans.
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Proton Holdings Berhad - SWOT Analysis company profile is the essential source for top-level company data and information. Proton Holdings Berhad - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Proton Holdings (Proton or ‘the company’) operates in the automobile industry. The company is engaged in manufacturing, assembling, trading and the provision of engineering, and other services in respect of motor vehicles and related products. Proton operates in the UK, the Middle East, South-East Asia and Australasia. It is headquartered in Shah Alam, Malaysia, and employs about 12,000 people. The company recorded revenues of MYR8,969.9 million ($2,850.6 million) during the financial year ended March 2011 (FY2011), an increase of 8.5% over FY2010. *The operating profit of the company was MYR46.9 million ($14.9 million) during FY2011, a decrease of 26.5% compared to FY2010. The net profit was MYR155.6 million ($49.5 million) in FY2011, a decrease of 28.9% compared to FY2010. * Other operating income is not included for the calculation of Operating Profit.
