Proton Eyes the Future
For a relatively small regional car manufacturer, the development of new marques to compete with the mega automakers in the rest of the world is an expensive business.
For a relatively small regional car manufacturer, the development of new marques to compete with the mega automakers in the rest of the world is an expensive business.
Shares of DRB-Hicom Holdings, the parent of Proton, were down by as much as 7 cents at the start of the week as the national carmaker still manages to bleed red ink while its market share shrinks further.
With Thailand tottering on the throne, will Indonesia or Malaysia usurp its place? Guest writer, EUGYNE, reports.
Thailand has led the South East Asian automotive industry for many years now, but will they be able to maintain the coveted position henceforth? The floods in 2010 and the frequent protests in recent months have forced foreign carmakers to decamp and seek alternative ‘pastures’.
Toyota undoubtedly wears the crown when it comes to hybrid cars. Sales of the Japanese automaker’s hybrid vehicles passed the six millionth mark last year.
Nissan and Qualcomm are way ahead of you guys.
Automology’s Philippines correspondent, HAROLD, reports on the country’s automotive performance.
Total vehicle sales in 2013 for the entire Philippines rose 16% compared to 2012. Based on published reports, combined sales of the Chamber of Automotive Manufacturers of the Philippines Inc (CAMPI), the Truck Manufacturers Association Inc (TMA) and the Association of Vehicle Importers and Distributors (AVID) reached 212,281 units in 2013, up from over 183,000 units in 2012. This remarkable auto industry growth was triggered largely by the high demand for passenger cars which recorded a strong 26% sales hike to 61 083 units in 2013 from 48,488 units in 2012.