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KUALA LUMPUR, July 10 – National automaker Proton Holdings Bhd is confident that the partnership with Chinese group Zhejiang Geely Holding will be able to regain public and market confidence by the end of the year. Year
. Ali Rethza said the deployment of Proton 's very first sport utility vehicle (SUV) model in the fourth quarter of the year would help to reach their target.
"Our knack that we put in place in terms of our models," With the technology rings that Geely has, we are confident that Geely is the most appropriate partner to elevate the Proton to a higher level " , he said. "Journalists after a meeting with the Council of Eminent Persons (CEP) at Ilham Tower today.
However, the production of the SUV, based on the model Geely's best-selling called the Boyue, will only begin in April 2019.
added the meeting g with the Council of Eminent Personalities (CEP) today was also a good opportunity for Proton to share some information about the builder Chinese automobile who bought more than 49.9 percent of his shares last year.
"The questions asked were about who Geely is" In February, they acquired nearly 10% of Daimler shares, owner of Mercedes, for a value of more than RM 36.08 billion ($ 9 billion). "
"They own 100% of the shares, and said that Proton Holdings Bhd will also continue discussions to revive the 2015 Indonesia-Malaysia project to produce cars for Volvo and London passenger cars. from Southeast Asia
"A memorandum of understanding between the Indonesian government and Proton was signed when Tun Mahathir Mohamad was the president in 2015, so we will certainly start a discussion about it "He also said that the management of Proton should not change under the leadership of Dr. Mahathir as Prime Minister.
" As we saw in the videos, we lent a car to Tun and he likes the car a lot. "This indirectly shows the trust he has in Geely's technology and in Proton," he said.
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