(Kuala Lumpur, 18th) The U.S. Federal Reserve (Fed) promised to maintain loose monetary policy and is optimistic about the prospects for the United States’ economic recovery this year, driving the U.S. stock market to a new peak overnight. Asian stocks have also been encouraged by the wind, and the Chinese government announced another push With the support of 20 billion strengthened supporting facilities, the Malaysian stock market rose 7.05 points for half a day on Thursday with the support of favorable factors at home and abroad.

The analyst also pointed out that, except for the decline in sales of the second domestic car and Nissan, the sales of other major domestic automakers were strong in February, especially the proton, which sells X50 and X70 models. Proton sold 4,776 SUV models in February, or 41% of the company's total sales. Among them, 3345 were X50s and the rest were X70s.

Analysts said that even in the face of the interference from the shortage of automotive chips before, Proton successfully expanded the production of X50. Considering that the waiting period for related car models is as long as 5 to 6 months, the next high sales of X50 should be maintained for at least a few months.

Proton City accounted for the highest in 7 years

Analysts from the Malaysian investment bank said that as of the end of February, Proton had received more than 50,000 orders for the X50. Since its launch in November last year, the delivery volume has been 8141. He pointed out that Proton's domestic market share rose to 27.3% in February, a 7-year high.

"Year-to-date, Proton's average market share is 23.3%, second only to 44.3% of the second domestic car."

He added that Proton's sales target for this year is 13,200 units.

In addition, the analyst believes that the extension of the auto sales and service tax (SST) exemption period to June 30 will continue to stimulate the domestic auto market, which is particularly beneficial to domestic brands such as the second domestic car and Proton. Car sales performance continues to be strong. Analysts predict that Malaysian car sales will grow to 575,000 units this year, while analysts from Kenanga Investment Bank and UOB Kay Hian Securities Co., Ltd. estimated that domestic car sales will increase by 11% this year to 585,000 units. .

However I believe the boss can do it that they said before buying proton... HaHa ( He want do the proton be famous in Malysia and Southeast Asia..) I will waited it and see that the boss can do it or not.. ?? .. HaHa

KUALA LUMPUR (April 2): Proton Holdings Bhd sold 14,898 cars in March this year, its best sales month since September 2013.

In a statement today, Proton said the March figure, comprising domestic and export sales, was a 26.2% month-on-month increase from February, translating into a market share of 23.5%.

Proton said deliveries of its two sport utility vehicle (SUV) models continued to grow in March as the company’s new production line in Tanjung Malim increased its output for the month. 3,513 units of the Proton X50 were delivered to customers, while the Proton X70 saw a month-on-month increase of 58.4% to 2,337 units.

The company said that when combined, it was another internal record with 5,850 SUVs delivered, beating the previous record of 4,820 units set just last month.

The company’s top seller remained the Proton Saga and with 5,589 units delivered, sales for the A-segment sedan grew by 32.5% compared to February.

The Proton Persona, Iriz and Exora also posted their best figures for the year with the evergreen multipurpose vehicle (MPV) once again claiming the crown for highest C-segment MPV sales.

Proton Edar chief executive officer (CEO) Roslan Abdullah said after a soft start to the year, Malaysia’s automotive industry finally hit its stride in 2021.

“We estimate total industry volume to be over 63,000 units, suggesting all brands will post their best numbers for the year.

“For Proton, March was a very good sales month as we achieved our highest figure in 90 months, but our sense of achievement is tempered by the fact that it could have been even better if we were able to produce more units,”he said.

(Kuala Lumpur, 3rd news) Proton’s Chief Executive Officer Dr. Li Chunrong has been in office for three and a half years and has successfully turned Proton back into profit. There are endless orders for X70 and X50 sports SUVs. The loss-making company reversed its disadvantages, and Li Chunrong summarized everything in 12 words.



Li Chunrong is also the first Chinese CEO of Proton. In an interview with Octave Space's "Finance and Economics Sonnet" last night, he said that Proton has today’s achievements. The 12-character sums up everything, that is, "wisdom opens the way, true love and professionalism Landing".

Regarding the "wisdom opening", Li Chunrong said that he came to Proton three years ago and can't speak Malay, nor can he speak English well. At that time, he tried to gather everyone's strength to bring Proton back to life.

"For a foreigner who enters an old company, 90% of people are watching jokes. After I entered the company, I organized the management team into 8 cross-functional groups with 200 cadres under it. We discussed and solved problems together."

Li Chunrong accepted an interview from Octave Space "Finance and Economics Fourteen Xing".
As for the "resumption of truth", Li Chunrong pointed out that he is old, qualified, and knows a lot. He works more than 12 hours a day and works more than 6 days a week.

"I have strict requirements on myself and do not take advantage of the public. I have set a good example and won the respect of others."

He mentioned that the so-called "professional landing" is to deal with matters professionally. Once a business problem is discovered, it must be resolved quickly, and customers can make money, pay wages and bonuses when they are satisfied.

In addition, he admitted that Proton does face after-sales service problems. The reason is that the epidemic and viruses invade the system, which will cause mistakes that should not be made. However, compared with 3 years ago, Proton's after-sales service has made a big leap. Compared with customer requirements, there is a big distance.

Li Chunrong has issued instructions that the company must have a small change in 3 months, a change in 6 months, and a major change in a year.

KUALA LUMPUR (April 8): DRB-Hicom Bhd has proposed a first and final dividend of two sen per share for the financial year ended Dec 31, 2020 (FY20) for its shareholders' approval, according to a Bursa Malaysia filing today.

To recap, for FY20, the group — which is primarily involved in the development, assembly and sales of motor vehicles, as well as banking, property and construction — registered a pre-tax profit of RM540.1 million on the back of RM13.16 billion revenue, thanks to moderate business recovery in the second half of 2020 and the completion of an asset disposal exercise.

Shares of DRB-Hicom rose two sen or 1.04% to RM1.94, giving the group a market capitalisation of RM3.75 billion.

"With the addition of the fifth most populous nation, the Saga, which received a significant update in 2019, is now available in eight international markets — Brunei, Bangladesh, Egypt, Jordan, Kenya, Mauritius, Nepal and Pakistan," the group said in a statement today.

The Proton Saga line-up in Pakistan, it said, consists of three models, Saga MT, Saga AT and Saga Ace AT.

"Additionally, 100 units of the Proton Saga R3 Limited Edition will also be offered paired with either the MT or AT transmission," it added.

Proton said the launch of the Saga in Pakistan earlier this month was conducted online, with the High Commissioner of Malaysia to Pakistan Ikram Mohammad Ibrahim gracing the event.

Ikram hoped that Proton’s operations in Pakistan will further strengthen economic ties between Malaysia and Pakistan.

At present, Proton vehicles are imported into the country as completely built-up units, but Proton’s partner Al-Haj Automotive is set to commence local assembly operations at its new plant in Karachi by the third quarter of 2021.

The plant has a planned capacity of 25,000 units per annum.

“Exports are an important pillar for Proton and will account for an increasing percentage of our sales volume in coming years. Aside from promoting the features of our products we also leverage on the high-quality reputation of Malaysia’s manufacturing sector, which lends credibility to our own product story.

"In 2021, aside from exploring new opportunities, we will also ramp up efforts to re-enter major ASEAN markets such as Thailand and Indonesia,” said Proton Edar CEO Roslan Abdullah.

Al-Haj Automotive CEO Hilal Khan Afridi is confident that Pakistani customers will gravitate to Proton and its products.

“I am thankful to our fellow Pakistanis for making the Proton Saga an instant success in Pakistan. This car will definitely stand out for its reliability, durability and value for money,” he said after the launch.

Proton has announced that production in Pakistan will begin later this year. The automaker said that Al-Haj Automotive, its partner in the country, is set to commence local assembly operations at its new plant in Karachi by the third quarter of 2021.

Planned capacity will be 25,000 units per year at the facility, which is being built on a greenfield site. In 2019, the company had announced plans for the plant, which was originally supposed to have commenced operations before the end of 2020, with an initial investment of USD30 million (about RM121.9 million).

“This sophisticated new line features the latest technology and incorporates new processes that allow for much higher quality as well as increased capacity. The former is very clear as our Global Customer Product Audit (GCPA) on this line has been above the Geely standard and continues to raise the bar on product quality. This line has been designed to allow for a more elastic production process which means we can easily move up or down in terms of capacity.

Proton said the new facility would allow for the manufacturing of more model lines and would include state-of-the-art tools and systems.

KUALA LUMPUR: Proton has invested RM200mil in a stamping facility at its Tanjung Malim plant, in line with the carmaker’s growth strategy.

Proton said the new facility would allow for the manufacturing of more model lines and would include state-of-the-art tools and systems.

“This new facility is part of Proton’s plan to make the Tanjung Malim facility a world-class manufacturing plant, ” it said in a statement.

The Perodua Myvi is no longer king, says Proton. Shortage is semiconductor chips supply has severely impacted Perodua’s output of the Perodua Myvi, allowing the Proton Saga to accelerate ahead and take the sales crown

In a press announcement made earlier today, Proton said it sold 5,472 units of the Proton Saga, making it the best-selling A-segment sedan, overtaking arch rival Perodua Bezza. Proton was also keen to point out that the Proton Saga has returned to the top of the national sales chart.

“The evergreen Proton Saga returned to the top of the national sales chart with 5,472 units sold in April. Although the number is a slight reduction compared to the previous month, demand for Proton’s best-seller remains healthy and ahead of the number of units supplied,” said Proton.

Hi, Oliver , you are right . DRBHCoM must use the time to build their business.. I still believe the DRBHCoM of boss and their performance will make their earn more money in the future.. we just waiting and see .. If got cheaper tickets, I will add it some .. I will been slowly increasing my weight.. Don’t so Hurry..

Hi, Yutaka Tong , DRBHCoM has changed the management.. and Poslaju today, it quite good in processing.. for example I had send the parcel to Sabah and Sarawak in February 2021 , they use long time to delivery my parcel .. But nowadays I also got parcel to sabah and Sarawak but the delivery of time is 7 days and my customer really surprised their service.. So I want to told you that the DRBHCoM want to change and develop their business now.. I believe and hope that DRBHCoM and Pos Laju will been strongly and earn more profitable in the future.. I will waited and see that DRBHCoM can do it or not in the future??

Proton will soon begin manufacturing the GEP3 (Global Engine Petrol 3) 1.5 litre turbocharged engines used in the X50 as well as the export version of the X70 (to Pakistan), according to Sapura Industrial’s 2021 annual report. The expanded CKD exercise is part of Proton-Geely’s engine programme in Malaysia, which will help the national carmaker ramp up its export business in the process.

“Lockdown is definitely not an option for both the domestic and overseas vendors who have the contracts to supply parts to the overseas OEMS. The stoppage in operation would lead to a default in the current and future supply contracts. Subsequently, legal claims would be served against them for failing to meet their contractual obligation.

“For these suppliers mentioned above, who are exporting parts to foreign OEMs in overseas markets, we would like to appeal for them to be allowed to operate under the strictest SOPs during the lockdown,” said the association.

KUALA LUMPUR (May 31): DRB-Hicom Bhd reported a smaller net loss of RM16.96 million for the first quarter ended March 31, 2021 (1QFY21), compared with RM173.27 million a year earlier, on the back of a better performance by its automotive and services sectors.

Quarterly revenue rose 28% to RM3.51 billion, from RM2.74 billion, due to rising automobile demand, improved showing by operating subsidiaries, and a higher share of results from joint ventures and associated companies.

DRB-Hicom said the automotive sector once again held fort for the group, largely due to higher sales of vehicles and components by Proton, automotive distribution companies and also from manufacturing and engineering companies.

KUALA LUMPUR: DRB-Hicom Bhd's earnings recovery is expected to pick up moving into the second half of the year with the extension of the vehicle sales tax (SST) exemption and overwhelming response for the all-new Proton and Honda models.

The government announced yesterday that there will be another extension to the SST exemption period to Dec 31, 2021, which will continue to bolser demand for automotives in the country.

Next quarter results will also be bad. Proton is shining in the DRB Group. MCO 3.0 cause Proton plant to shut down. Effect sales in May, June will also be teruk. Parts supply issues will come.in next, will only allow resumption earliest in July.

With cases so high, MCO might get extended.

I sold first, wait and see, hope can pick back up when drop some more.

Proton attributed the growth in export sales to the growing demand in several key markets, some new and some having sold Protons for decades. For example, Pakistan is a new market for the company but for the first five months of 2021, it was the best performer.