GST, HVGT, could resurface as part of Budget 2025 alongside RON95 rationalisation, says RHB analyst. Are we ready?
Home News Auto News Geely Withdraws Proton Partnership Bid; Road Clear For PSA Group? Geely Withdraws Proton Partnership Bid; Road Clear For PSA Group? Auto News Kon | March 23, 2017 09:40 am China’s Geely Automobile Holdings has withdrawn its bid for a 51% controlling stake in national automaker Proton, according to Geely president An Conghui, who was quoted by the South China Morning Post.Whilst Mr An did not elaborate further on the decision, his statement confirms earlier reports that quoted Geely chairman Li Shufu as having already planned an exit from talks, citing DRB-Hicom’s indecisiveness in negotiations as a reason. Related Articles PSA Group Reportedly Secures Deal To Build Aisin Gearboxes Auto News May 25, 2017 PSA Group To Have Only Two Platforms, Fully Electrified Product Range By 2025 Auto News October 03, 2018 Minister – Proton Strategic Partner By May; More Than One Bidder In The Picture Auto News August 30, 2021 “They keep changing [their minds], today it’s this, tomorrow it’s that,” Li told Bloomberg.Before withdrawing from talks, Geely had reportedly offered its D-segment GC9 and Boyue five-seater SUV models to Proton in addition to technology in small car engineering co-developed with Volvo.Geely’s withdrawal leaves the door clear for an aggressively-expanding PSA Group, which recently acquired Opel from General Motors and also officially confirmed having submitted a bid for the national carmaker.Early in February, DRB-Hicom revealed that bidders for Proton had completed their due diligence of the company’s books and that a decision will be made within the first half of this year. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Citroen Geely Peugeot Proton PSA Print Related News PSA Group Reportedly Secures Deal To Build Aisin Gearboxes Auto News Eric | May 25, 2017 PSA Group is currently in talks with Toyota-owned Aisin to assemble their gearboxes at one of their own production facilities, according to a report ... PSA Group To Have Only Two Platforms, Fully Electrified Product Range By 2025 Auto News Gokul | October 03, 2018 As part of its ‘Push To Pass’ strategic plan, the PSA Group (Peugeot, Citroen, Opel, and Vauxhall) has been scaling back the number of its platforms ... Minister – Proton Strategic Partner By May; More Than One Bidder In The Picture Auto News Kon | August 30, 2021 Proton’s strategic partner is expected to be announced by May, The Star reported Second International Trade and Industry Minister Datuk Seri Ong Ka ... Geely Back In Talks With Proton? Auto News Eric | April 11, 2017 Proton's search for a foreign strategic partner has taken an interesting turn, as a report from The Edge mentioned that Geely is now back in ... Comments
Geely Withdraws Proton Partnership Bid; Road Clear For PSA Group? Auto News Kon | March 23, 2017 09:40 am China’s Geely Automobile Holdings has withdrawn its bid for a 51% controlling stake in national automaker Proton, according to Geely president An Conghui, who was quoted by the South China Morning Post.Whilst Mr An did not elaborate further on the decision, his statement confirms earlier reports that quoted Geely chairman Li Shufu as having already planned an exit from talks, citing DRB-Hicom’s indecisiveness in negotiations as a reason. Related Articles PSA Group Reportedly Secures Deal To Build Aisin Gearboxes Auto News May 25, 2017 PSA Group To Have Only Two Platforms, Fully Electrified Product Range By 2025 Auto News October 03, 2018 Minister – Proton Strategic Partner By May; More Than One Bidder In The Picture Auto News August 30, 2021 “They keep changing [their minds], today it’s this, tomorrow it’s that,” Li told Bloomberg.Before withdrawing from talks, Geely had reportedly offered its D-segment GC9 and Boyue five-seater SUV models to Proton in addition to technology in small car engineering co-developed with Volvo.Geely’s withdrawal leaves the door clear for an aggressively-expanding PSA Group, which recently acquired Opel from General Motors and also officially confirmed having submitted a bid for the national carmaker.Early in February, DRB-Hicom revealed that bidders for Proton had completed their due diligence of the company’s books and that a decision will be made within the first half of this year. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Citroen Geely Peugeot Proton PSA
PSA Group To Have Only Two Platforms, Fully Electrified Product Range By 2025 Auto News October 03, 2018
Minister – Proton Strategic Partner By May; More Than One Bidder In The Picture Auto News August 30, 2021
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
PSA Group Reportedly Secures Deal To Build Aisin Gearboxes Auto News Eric | May 25, 2017 PSA Group is currently in talks with Toyota-owned Aisin to assemble their gearboxes at one of their own production facilities, according to a report ...
PSA Group To Have Only Two Platforms, Fully Electrified Product Range By 2025 Auto News Gokul | October 03, 2018 As part of its ‘Push To Pass’ strategic plan, the PSA Group (Peugeot, Citroen, Opel, and Vauxhall) has been scaling back the number of its platforms ...
Minister – Proton Strategic Partner By May; More Than One Bidder In The Picture Auto News Kon | August 30, 2021 Proton’s strategic partner is expected to be announced by May, The Star reported Second International Trade and Industry Minister Datuk Seri Ong Ka ...
Geely Back In Talks With Proton? Auto News Eric | April 11, 2017 Proton's search for a foreign strategic partner has taken an interesting turn, as a report from The Edge mentioned that Geely is now back in ...