Talks to save Proton failed!

According to a report by The Edge, talks between car maker Proton Holding Bud and Europe's largest manufacturer, Volkswagen AG and Volkswagen AG announced a component manufacturer was started last year --- Van exacerbated by the role that the expectations of Government of Malaysia.

The newspaper said that officials from Proton and Volkswagen met several times, but no concrete agreement was signed. The newspaper added that the talks were not as good, and it seems that the German carmaker something "cool" and less effort in recent years.

The newspaper also quoted a source close to the situation by saying: "This period could serve as my doubts." The Government of Malaysia is also under pressure to get more details of the partnership for Proton known to lose its status as a country 's biggest rival Perodua service vehicle. The government believes that the new partnership with Proton, Volkswagen, it can help.

Proton announced last week, for the third consecutive quarter of losses, it is a competition in the sale and stagnation. The company receives a net loss of 281.45 million GTA for the third quarter compared with net profit at the end of December, it took a year earlier, totaling 86.51 million GTA.

Second Finance Minister Mohamed said a policeman or yak, the government will publish a Communication on Proton's strategic partner in this month. Nobody yet knows whether Volkswagen or any other company. But the newspaper The Edge: "If it is agreed that timetable, and the so-called General Motors, the biggest carmaker in the world, could the partner of choice for PDT.

The main goal, a partnership with Proton car industry is foreign to further reduce its market share, competition is increasing. It should be noted that, if possible, a new partnership with Volkswagen on the run from the proton, but after the announcement of the partnership was not confirmed by Proton has been overthrown.

Apart from Volkswagen, Proton has been made in talks with General Motors and PSA Peugeot Citroen in France more than three companies in the automotive industry with an interest in Malaysia for the purchase of shares of the Company expressed. It should be noted that the Government of Malaysia has 59 percent of Proton, including a 43% of Khazanah Nasional, the investment arm of the government.