Hmm… I never expected to write another entry regarding Proton, after this piece written in October last year. But recent developments have encouraged me enough to again, give my two cents regarding “Malaysia’s National Car Company”.
First off, how does this affect Malaysians in general? Unless you’ve been spending the last few years meditating alone in a cave, you’d have definitely noticed that Proton have made some really weird business decisions of late. Here’s a recap:
- Selling off Agusta SpA for €1: A company which has world recognisable brands such as Cagiva and MV Agusta.
- Introducing the Proton Chancellor, for which for the rest of the world is very much just an overpriced souped up Waja. Lots of interesting comments under this entry by Paul Tan.
- Attempting to label the butt-ugly Proton Savvy as “My first Lotus”, and (unsuprisingly) getting this response by the Brits.
I find it extremely unbelievable that a company with so much protection from the government can mess up so much. However, this is very much in line with my belief that governments should stay clear of owning/running businesses. The political mind is one of the worst ways of running a business… there’s almost always a “hidden agenda”.