Monday, July 17, 2006

Hush hush

Proton tried to hush it up but it got out. There was no way they could have kept it quiet for long anyway.

- 800K cars on sale in the market (250k more than usual)
- 300 odd companies may close down. Many of these are component makers from Proton and mostly Bumiputra owned companies.
- Proton only producing 10K units per month as compared to 15K-16K cars previously.

The only company doing well is Perodua with good demand for it's Myvi models.

Sounds bad but I guess it might do some good in the end.

BTW, someone is cybersquatting. Check out this site. too bad Perodua didn't buy up the domain earlier.

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1 comment:

Anonymous said...

If I am not mistaken it it was EON that released the information.

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