| Malaysian automaker Proton has dominated
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| | thus sales for Proton.
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| the Asian country's auto market in the
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| | The involvement of the largest European
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| past. With backing from the Malaysian
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| | automaker in Proton may have also helped
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| government, Proton was able to offer
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| | the latter's cause. Volkswagen AG, the
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| their vehicles at a significantly lower
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| | manufacturer of Volkswagen vehicles and
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| price than the competition. But in
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| | auto parts such as VW spark plug wires,
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| recent months, the Malaysian automaker
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| | is having talks with the Malaysian
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| faced its toughest problem. With foreign
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| | government over possible acquisition of
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| automakers like Toyota expanding their
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| | the Malaysian automaker. Three rounds of
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| presence in Malaysia, the national car
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| | talks have already taken place between
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| producer of the Asian country is in
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| | the Malaysian government and
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| danger of plunging into more debt.
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| | representatives of the European
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| But it seems that the automaker has found
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| | automaker. A decision is expected to be
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| a lifeline in Volkswagen. The European
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| | reached before the end of the year.
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| automaker has been in three rounds of
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| | In the recent unveiling of the new Proton
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| talks with the Malaysian government
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| | Persona, it was reported that the launch
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| regarding the possible acquisition of the
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| | was connected with the ongoing talks
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| majority of shares in Proton currently
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| | between the Proton and Volkswagen. But
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| held by the Malaysian government. While
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| | Prime Minister Datuk Seri Abdullah Ahmad
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| the deal is not yet completed, Proton is
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| | Badawi cleared the issue saying:
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| already showing signs of resurgence after
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| | "…foreign news reporter asked if the
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| it posted its highest sale for any month
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| | new car would enhance Proton's standing
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| this year last month.
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| | because Volkswagen would like it that
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| According to the automaker's report for
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| | Proton has a good car."
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| the moth of July, they have sold 44,926
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| | "My reply was that talks between Proton
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| vehicles for the month. That figure is
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| | and Volkswagen had nothing to do with the
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| 2.6 percent more than the company's sales
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| | production of this car or any particular
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| output forte month of June this year.
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| | car," the Prime Minister continued.
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| Compared to last year's July, the
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| | "We are talking about some kind of
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| company's July 2007 sales are 9.6 percent
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| | general cooperation that could possibly
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| higher. This shows that Proton is
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| | be either on equity participation or in
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| starting its resurgence.
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| | the form of some other kind of
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| The Malaysian Automotive Association said
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| | cooperation."
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| in a statement that the increased sale
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| | The possible acquisition of Proton by
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| for the Malaysian automaker is the result
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| | Volkswagen would mean that the latter
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| of the higher income of civil servants.
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| | will be pouring in money to the
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| It has been reported that civil servants
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| | operations of the Malaysian automaker.
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| in the said Asian country had their wages
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| | It is expected that Volkswagen will be
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| increased by 7.5 to 35 percent. The
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| | marketing Proton vehicles outside the
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| introduction of new auto models is also a
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| | country while Proton will aid Volkswagen
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| reason for the increased attention and
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| | in the Malaysian auto market.
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