Tuesday, January 16, 2007

GM interested in Proton: The longer we delay, the less attractive Proton becomes

So now GM, the world's largest automobile company is apparently interested in Proton. And the main thing going for our beleaguered and overprotected national car is its share of the local market say analysts.

Which means the longer our government and concerned parties twiddle their thumbs and procrastinate over Proton's fate, the less valuable it will be. Perodua, with its more focused marketing and arguably better leadership, has already assumed the mantle of market leader.

For many Malaysians who have been forced to buy aging japanese and french platforms remodelled as new protons, this is poetic justice. But as we have discovered, years of protectionism have now made it extremely difficult to reduce the price of cars overnight without destroying the value of the millions of existing cars on the roads now.

Get with it Pak Lah. Sell Proton before nobody wants it.

Technorati: Proton, Malaysia, GM

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