Proton Seeking Government Funding For Small Car Project |

Automotive

Published on July 23rd, 2014 | by Daniel Sherman Fernandez

0

Proton Seeking Government Funding For Small Car Project

Proton-EMAS1

Proton has plans to release a totally new model by this year end to compete directly with the all new small car that rival Perodua is launching next month. Local news agency Bernama has quoted that Proton wants the government to pay for the vehicle’s R&D costs as mentioned by Proton Chairman Tun Mahathir Mohamad. The Bernama news agency also quotes Tun Mahathir Mohamad as saying the price of the new model will be lower than any other vehicle in the same segment. “However, it has to go up a little (from where current Proton models reside) as customers are paying for something better,” he says. Perodua’s new model is said to be larger than the current Viva which has been discontinued and carries more features and safety features to compete in a segment that has Korean and Japanese super-minis selling well with a higher pricing.

Goodyear 650x85(DSF)


About the Author

www.dsf.my is a service to the public and other website owners. www.dsf.my is not responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to, or reliance on any information contained within the site www.dsf.my. While the information contained within the site is periodically updated, no guarantee is given that the information provided in this website is correct, complete, and up-to-date. www.dsf.my is not responsible for the accuracy or content of information contained inside.



Leave a Reply

Your email address will not be published. Required fields are marked *

Back to Top ↑