I WAS so happy with calls made by a government’s minister for Proton to come up with an electric hybrid model as an alternative to save high costs on gas and fuel.
International Trade and Industry Minister Muhyiddin Yassin, in making such calls, also said Proton needs to hook up with a foreign company if it is to compete in the automotive industry.
"I don't think we need to be too nationalistic in supporting Proton without taking into consideration what the business is all about," he said Sunday.
I believe Dr Mahathir Mohamad, who mooted the ambitious national industrialization plan in the 80s, is a bit happy too although Proton, which was formed 25 years ago saw its market share slump over the years as it faced difficulties coping in a new deregulated market.
The government has urged it to forge a partnership with a foreign automaker to give it the expertise and economies of scale that it needs to survive, but talks with Volkswagen and General Motors have collapsed.
Muhyiddin recently said the National Automotive Policy which was introduced in 2006, will announce new initiatives later this year to support the domestic automotive industry. Just hope that Proton will be on the list.
Proton suffered a net loss of RM32.92 million for the nine months to December 2007 due to the issuance of so many import permits for foreign cars and its failure to introduce new models to the market.
As for now, the government should find ways to revive Proton and put it where it was during the late 80s and 90s. After all the effort by its founding fathers, we should keep the pride and not to let it go down the drain.
We must be drastic enough. Should there is a need to replace of remove some top executives, JUST FIRE them.
Apa.... takut ka?