BROKEN PROMISES: ARE CAR PRICES COMING DOWN? NOTHING TO DO WITH THIS BN GOVT!!

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Wow! Saudi Arabia wants more Proton cars! How many will it buy? 100? 500? 1,000? Definitely not the 50,000 needed to push Proton from selling 100,000 cars last year to its target of 150,000 in 2016.

19 February 2016

Although trade relations between Saudi Arabia and Malaysia have improved, there was still room for expansion such as in the automotive sector, its Ambassador to Malaysia Fahad Abdullah Al-Rashid said.

He said that it would be good if Malaysian-made cars could further penetrate the Saudi market, apart from food ingredients like palm oil and halal products.

“There are Proton cars in Saudi Arabia but the number is limited and we hope it will increase in the future because the product is good,” the envoy told Bernama in a recent interview held at the Saudi embassy in Kuala Lumpur.

Reports said that Riyadh-based Al-Rashed & Al-Thunayan Auto Co is Proton’s exclusive distributor in Saudi Arabia, appointed by Proton since 2006. In 2008, the Proton Persona hit the Saudi Arabian market after two of its previous models, the Proton Waja and Proton Gen 2, had been selling well.

https://www.malaysiakini.com/news/331017

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1 February 2016

Malay Mail Online

Proton to hike car prices by up to RM2,000

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No price increase yet for Perodua Axia, Myvi and Alza

In Cars, Local News, Perodua / By Danny Tan / 20 January 2016

The new year has brought about new and higher prices for Honda, Toyota, Lexus, Kia, Peugeot, Citroen and Audi vehicles, with Proton possibly raising prices after Chinese New Year. But Perodua has no plans to follow suit, yet.

Perodua president and CEO Datuk Aminar Rashid Salleh said at yesterday’s 2015 performance review that the company will hold on to current prices for as long as it can take it. However, he did not rule out the possibility of raising prices should the foreign exchange situation worsen.

“We will continue to monitor until the impact is so great.. then we may need to review that (price hikes). As of now, not yet,” he said in response to questions from the media.

No price increase yet for Perodua Axia, Myvi and Alza

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21 January 2016

Car sales expected to drop by 2.5pct this year

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In light of the weak ringgit, rising cost of living, tightened lending guidelines and other factors, the Malaysian Automotive Association forecasts the Total Industry Volume (TIV) to suffer a year-on-year drop of 2.5 percent this year.

In announcing the “Market Review for 2015 and outlook for 2016”, association president Aishah Ahmad said the forecast for TIV in 2016 will be 650,000 unit sales.

This is in contrast to the 666,674 units sold in 2015, or a predicted drop in the sales of 16,674 units this year.

https://www.malaysiakini.com/news/327744

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14 January 2016

Proton aims to sell 150,000 cars, to launch 4 new models http://bit.ly/1Q7xoAd 

National carmaker Proton Holdings Bhd is eyeing sales of 150,000 units for 2016, banking on the existing and four new models to be launched.

Proton chief executive officer Abdul Harith Abdullah said the new models will be introduced quarterly in 2016.

“Having attained sales of just slightly above 100,000 vehicles in 2015, this year, will truly be an exciting one for Proton and that is my commitment to our stakeholders,” he told reporters after witnessing the appointment of 29 new Proton dealers today.

They are currently Suzuki dealers nationwide.

Proton chairman Dr Mahathir Mohamad said the new models would have the names of existing Proton models to save time in promoting them to the public.

“In the past, Proton put out new models with new names. We spent a lot of time promoting the brand new names without any history to fall back on.

“Like other companies as Toyota and Honda, we have decided to build new cars, but retain the old names,” he added.

http://www.kinibiz.com/story/corporate/209762/proton-aims-to-sell-150000-cars-to-launch-4-new-models.html?utm_source=dlvr.it&utm_medium=twitter

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It’s a catch-22. Raise prices and lose sales. Maintain prices and earn less money or even lose money.

The drastic and prolonged fall in the Ringgit has meant rising costs of raw materials that are imported. Thus, the cost of a Proton car is up.

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17 December 2015

Rafizi Ramli ‏@rafiziramli 2m2 minutes ago

Harga kereta akan naik 2016 kerana matawang lemah. RT utk tuntut @NajibRazak @Khairykj tunai janji #turunhargakereta

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8 December 2015

Proton considering price increase next year https://www.malaysiakini.com/news/322601 

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Proton Holdings Bhd is considering to increase the prices of its cars starting from January 2016 due to the weakening ringgit.

In a statement today, the national carmaker said the price increases were seen as an industry situation as they would need to be raised to compensate for the effect of the lower ringgit.

Chief executive officer Abdul Harith Abdullah said many of the company’s raw materials were purchased in foreign currency.

“The weaker ringgit affects the company’s operation costs and the entire eco-system chain from the vendors to us,” he said.

Abdul Harith said Proton was evaluating its price structure and the percentage of the price increase will depend on the models.

https://www.malaysiakini.com/news/322601

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November 2014

THE PROTON POTONG HARGA SALE IS BACK TILL THE YEAR END!

Proton offers special year-end rebates

Proton is giving cash rebates of up to RM5,000, three years’ free service and a Yes 4G 20 Mbps mobile broadband unit with the purchase of selected variants of the Saga, Persona, Satria Neo, Exora, Preve, Suprima S and Inspira.

The My Proton Family campaign, offers family members such as your mother, father, spouse or children a 5% rebate on a new Proton car, as well as up to three years’ free service. The Iriz is not included in this deal.

All promotions are only for cars that are registered with Proton on or before Dec 31, 2014 while stocks last.

http://www.thesundaily.my/news/1239464

http://paultan.org/2014/11/27/proton-year-end-promo/

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Dr M: Proton tries to counter Malaysians’ negative perception of its cars but still fails

1. Dr Mahathir complains that Malaysians can’t seem to forget the poor quality of the earliest Proton cars, and that is why they are biased against Proton cars.

WHOSE FAULT IS IT, IF NOT HIS? He made us buy inferior Proton cars for more money than we would have spent on imported quality cars.

2.He also said that Proton cars today fared much better as they were powered by efficient engines.

REALLY? IS PROTON DOING BETTER THAN PERODUA?

3. “Today the automatic windows in Proton cars jump up and down efficiently,” he said, adding that Proton endeavoured to produce world class cars.

THE PROBLEM IS THAT THERE ARE SO MANY PROTONS OUT THERE and their power windows barely move back up after coming down. Why do you think a Proton owner can be seen coming out of his car to get the parking ticket when he arrives at the entrance of a parking lot?

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PROTON WISHES ALL MALAYSIANS “HAPPY MERDEKA” WITH SPECIAL DISCOUNTS!

The booking period runs from now August 31- September 30 for the registration period from August 31Ocotber 15.

Star

PETALING JAYA: Adding more cheer to National Day, national carmaker Proton is offering its customers a choice between two special packages with rebates of up to RM8,000.

For its “Bersamamu Malaysia” promotion, Proton is offering the rebates based on the car model and interest rates as low as 2.95%.

The other package, known as the “Family First” promotion, allows current Proton owners to purchase another Proton car with a loyalty discount of 5%.

The promotions cannot be used together.

Those who buy new Proton cars will get three years of free service during this promotional period.
…

“The offer is also extended to the Proton car owner’s father, mother, spouse and children.

“This means that their next Proton car does not necessarily have to be registered under the existing customer’s name,” he said in a statement yesterday.

Abdul Harith added that those who had yet to own a Proton car could still choose the “Bersamamu Malaysia” promotion and enjoy a substantial amount of discount.

http://www.thestar.com.my/News/Nation/2014/08/31/Proton-adds-cheer-to-Merdeka-with-special-deals/

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Obviously, Proton Holdings Berhad are not listening to Dr Mahathir’s advice against selling cheap Protons! Don’t blame them. They have to sell their cars!

NST

Great deals on all Proton cars

KUALA LUMPUR: Proton Holdings Bhd is offering great deals on all Proton cars, including the new Suprima S and Prevé, this month, in anticipation of the fasting month and Hari Raya celebrations.

Cash rebates of up to RM8,000 are offered on selected models.

Proton is also offering three years free service, attractive interest rates from as low as 2.70 per cent, and other “amazing” deals.

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Harga kereta sudah turun….Proton Preeve baru $42,000.00.Terima kasih kerajaan Australia.

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REMEMBER THAT CHEAP ALSO MEANS LOW QUALITY, AND CHEAPER MEANS LOWER QUALITY.

Read about it! Keep reading…

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PROTON FINALLY ADMITS SOMETHING WE ALL ALREADY KNOW: THEY SELL SUB-STANDARD CARS.

Malaysians sold substandard cars, Proton admits

Proton’s admission to producing substandard cars for the local market comes on the back of a decision to begin to introduce all its new models to international standards. Good decision, but is this not a tad late?

It is something of an open secret that our national carmaker Proton produces two separate versions of its range of vehicles; one to match up to more stringent standards in export markets and another to flog off in its home market where regulations are understood to be more lax.

Tiger read with glee yesterday Proton’s admission that it had only just begun to consider introducing new local models that meet global standards.

So it is true then. Malaysians have been sold substandard cars by Proton, at least when it comes to internationally recognised standards. Tiger is sure they meet all local standards, should this be of any importance.

http://www.kinibiz.com/story/tigertalk/62465/malaysians-sold-substandard-cars-proton-admits.html

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*The cheapest Persona will cost RM44,938 instead of RM48,113!

Yes, it’s Potong Harga time.

Get a Persona SV for as low as RM44,938!

SV means Super Value.

No need to pay RM48,113 for the cheapest Persona!

http://paultan.org/2013/11/30/proton-persona-sv-launched-rm/

Proton Holdings Bhd, which launched the Proton Persona Super Value (SV) model today, following the overwhelming response for the Proton Saga SV, is confident of brisk sales for this affordable variant.

Deputy Chief Executive Officer Datuk Lukman Ibrahim said the latest Persona model rolled off the assembly line after Proton successfully manufactured more than half-a-million Persona cars since it’s launch in 2007.

Retailing for as low as RM44,938 per unit and coupled with the superior features incorporated into the car, he said the car offered value for money.

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THE PROTON EXORA AS A TAXI

15 April 2009: It is Malaysia’s first home-grown MPV.

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http://www.privatefleet.com.au/proton/proton-exora-review/4331/

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SPAD was still mulling over whether or not to replace all other taxis in the country with the brown Exora, though it would certainly be the case for city taxis.

The Star

Saturday October 12, 2013 MYT 8:02:01 AM

7,500 Exora taxis to hit the streets

KUALA LUMPUR: More than 7,500 “elegant brown” Proton Exora taxis will be hitting Malaysian streets by 2015, replacing all other models as the nation’s new taxis.

“We are keeping the same number (of taxis) or may even shrink the number. But out of the total, it will be 7,500 Proton Exoras,” Land Public Transport Commission (SPAD) chief executive officer Mohd Nur Ismal Kamal said.

He said that 200 Exora taxis were expected to be on roads here by the end of the month.

“By the first quarter of next year, a total of 1,000 of them will be in Penang, Johor Baru and here,” he said after launching the first 50 Exoras under the Teksi 1Malaysia scheme at Bandar Tasik Selatan Integrated Transport Terminal yesterday.
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The new taxi will have debit and credit card facilities and will gradually replace future budget, premier and executive-class taxis.

Fares for the new Exora will start at RM3, except for Penang island, which will start at RM4.

7500 Exora taxis to hit the streets

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Under TEKS1M, taxi owners need not pay a downpayment for their new vehicles, and the loan interest is fixed at 2% for seven years. The downpayment is paid for via a grant from Yayasan Rakyat 1Malaysia and rebates from Proton.

Star

Thursday September 19, 2013 MYT 9:17:04 AM

Only 85 taxi owners get loans to buy Exora

by teh eng hock

SHAH ALAM: Only 85 taxi owners under the 1Malaysia Taxi (TEKS1M) scheme have managed to get bank loans although 1,000 units of Proton Exora have been set aside under the scheme.

Land Public Transport Commission (SPAD) chairman Tan Sri Syed Hamid Albar said only 85 loan applications had been approved by Bank Simpanan Nasional.

“Banks practise prudence in granting loans. For TEKS1M, the only authorised bank is Bank Simpanan Nasional.
…

Proton Edar CEO Hisham Othman said that Proton had received 907 bookings under the TEKS1M scheme, but can only process the applications of those who had approved loans.

Only 85 taxi owners get loans to buy Exora – Nation | The Star Online

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A NEW PROTON. Don’t expect any rebate until it doesn’t sell well, which is likely.

NST

17 August 2013| last updated at 12:17PM

Tun Mahathir unveils new Proton Suprima S

KUALA LUMPUR: PROTON Holdings berhad today unveiled its latest model Proton Suprima S, today.

Fully loaded with build in value, the Proton Suprima S was unveiled by PROTON Group advisor Tun Dr Mahathir Mohamad, accompanied by PROTON executive chairman Tan Sri Mohd Khamil Jamil and its deputy chief executive officer Datuk Lukman Ibrahim.

The Proton Suprima S is available in two variants, executive and premium with on the road priced at RM79,338 and RM79, 638 respectively.

Powered by PROTON’s 1.6 turbo engine, the car also comes with PROTON 5 star program, consisting of a 5 year or 150,000 km warranty. 5 year free road assist and 5 star ANCAP safety rating.

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PROTON OFFERS REBATES ON ALL THE FOLLOWING MODELS!

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No reduction of Proton Preve’s price despite Honda Jazz competition

The Honda Jazz is priced at RM74,800. The Proton Preve costs RM73,000.

The Proton Prevé (P3-21A)

Honda recently introduced a new completely-knocked-down Honda Jazz Petrol model with an on-the-road price, including insurance, of RM74,800 while the Proton Preve retailed for about RM73,000.

Malaysia Chronicle

Friday, 19 July 2013 09:21

No reduction of Proton Preve’s price despite Honda Jazz competition

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Malaysian Insider

Big demand for Proton Saga SV

July 17, 2013

Bookings for Proton Saga SV, launched by Proton Holdings Bhd only last month, has surpassed 12,000 units, Proton Edar Sdn Bhd chief executive officer Hisham Othman said yesterday.
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It’s RM5,000 cheaper, so it’s selling well…

On the total number of Proton Saga SV that have been registered, Hisham said the initial target was only 2,000 units a month, but this month alone 5,500 units have been registered.

Bernama

http://www.themalaysianinsider.com/business/article/big-demand-for-proton-saga-sv

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Malaysiakini

PARLIAMENT The prices of local cars made by Proton and Perodua are cheaper than cars of similar capacity cars in Thailand and Indonesia.

Deputy International Trade and Industry Minister Hamim Samuri told the Dewan Rakyat this today when replying to Chua Tee Yong (BN-Labis) during Question Time.

“The prices of a Myvi and a Saga are cheaper than a Honda Brio in Thailand or Indonesia,” Hamim said.

He said the 1.3-litre modes of both the Myvi and Saga were way cheaper than similar capacity models in the neighbouring countries.

Malaysia, Hamim said, has the cheapest 1.3 litre model cars in the Southeast Asian region.

He also said that the excise duty for imported cars would not guarantee a reduction of car prices.

Even if the excise duty was abolished, car manufacturers could still decide whether to reduce or maintain the current car prices.

‘Perodua and Proton cheaper than Honda in Thailand’

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CAR DEALER

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PROTON POTONG HARGA! It keeps its promise unlike Najib’s Government!

THE PROTON SAGA SV

NOW: FROM RM33,438 TO RM36,888
BEFORE: FROM RM38,800 TO RM49,900

Powered by the same 1.3 litre Campro IAFM as Saga FLX, and available in manual and CVT automatic transmissions, the Saga SV is priced from RM33,438 to RM36,888 in Peninsular Malaysia.

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The Saga model accounts for 40% of Proton’s vehicle sales.

Sundaily

Proton Saga SV to arrest sales drop: Kenanga

PETALING JAYA (June 18, 2013): Proton Holdings Bhd’s move to introduce the Proton Saga Super Value (SV), which is 13% cheaper than the Saga FLX Standard 1.3 – the previous entry-level Saga, is expected to arrest the month-on-month decline in the sales of Proton cars, said Kenanga Research.

Deeming the move as “positive”, the research firm said however, the lower car price will put further pressure on the national car maker’s already thin and declining profit margins.

Earnings before interest and taxes (ebit) margins in DRB-Hicom Bhd’s automotive segment were just 1.9% in the financial year ended March 31, 2013 (FY13) compared with 3.5% in FY12.

Kenanga estimates that an average 10% reduction in Proton Saga’s price will only reduce DRB-Hicom ebit by less than 2%.

“Looking ahead, this move by Proton could lead the entire industry into the next phase of price competitions, rebates and promotions.”

Proton Saga SV to arrest sales drop: Kenanga

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Proton released a new lower-cost model Saga SV over the weekend but has not indicated it will produce higher-range models that could replace the Perdanas

Malaysian Insider

Goodbye to the national car, Proton

By Jahabar Sadiq, Editor
June 18, 2013

The last vestiges of the national car project will disappear as soon as Putrajaya replaces its fleet of ageing Proton Perdana V6 limousines with Honda Accords, while the Pahang government has opted for the Volkwagen Passats.

Both models are now assembled by Proton Bhd’s main shareholder DRB-Hicom Bhd in Pekan whose Member of Parliament is Prime Minister Datuk Seri Najib Razak. The company that produces Proton is owned by Tan Sri Syed Mokhtar Al Bukhary.

The new cars are for Cabinet ministers, deputy ministers and state executive councillors. The total cost of the purchase has yet to be determined.

Other state governments have also slowly replaced the two-litre engine capacity Perdanas, which went out of production in 2010 and is now proving to be expensive to maintain.

A source told The Malaysian Insider that Putrajaya is taking the Honda Accord 2.4-litre model while the Pahang government had opted for the 2-litre Volkswagen Passats. It is learnt that one Volkswagen Toureg has also been bought for the Pahang government.

Other replacements for the Perdanas include Mercedes-Benz E200 Kompressors for the Terengganu government in 2008, replacing their 2004 Perdana V6 Executives.

Both Selangor and Perak had also replaced their Perdanas with Toyota Camrys, while the Sabah government opted for the Volvo S80s.

Goodbye to the national car, Proton

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Sundaily

Proton studying uniform price for its cars

KUALA LUMPUR (June 16, 2013): Proton Holdings Bhd, which aims to reduce its car prices gradually, is also studying to streamline its car prices nationwide.

“In the near future, Proton will evaluate the ways to streamline and absorb the necessary costs so that all Malaysians can enjoy one price,” executive chairman Tan Sri Mohd Khamil Jamil told reporters after launching Saga SV, the Saga FLX variant, here yesterday.

“The uniform price for Proton cars in Peninsular Malaysia, Sabah and Sarawak is still under study,” he added.

On the reduction in car prices, he said it would be a gradual exercise as the company needed to take into account all the necessary aspects of the price reduction as Proton had taken a holistic approach.

He said the reduction would be done in phases so as to provide the people with the best affordable car that is also value-for-money.

He pointed out that the creation of the Saga SV was to accommodate this lower pricing, which is priced from RM33,438 and about 12% cheaper than the Saga FLX.

“We have done the value engineering exercise to ensure that despite the price reduction, we have enhanced the quality, safety and features of our vehicles,” explained Khamil.

Bernama

Proton studying uniform price for its cars

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NST

16 June 2013| last updated at 12:32AM

Proton to cut prices on all models

Read more: Proton to cut prices on all models – General – New Straits Times http://www.nst.com.my/nation/general/proton-to-cut-prices-on-all-models-1.301239#ixzz2WQpNVhiD

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LIVE LIFE DRIVE

2013 Proton Saga SV Launched in Malaysia; Prices Start from RM34k

PROTON Holdings Sdn Bhd has officially launched the new 2013 Proton Saga SV today at the Proton’s Platinum Showroom in Mutiara Damansara. The new addition to the Saga line-up still retains most of its standard features that highlight commendable safety, comfort and performance at a reduced price.

The selling price for the new 2013 Proton Saga SV starts from RM33,438 (on the road) for the manual version and is now available for bookings from PROTON Edar Dealers nationwide.

With revised prices, the 2013 Proton Saga SV could be yours with a monthly instalment as low as RM250. Below are the pricing of the new Proton Saga SV variants:

• Proton Saga SV – Manual (Solid): RM33,438
• Proton Saga SV – Manual (Metallic): RM33,888
• Proton Saga SV – Automatic (Solid): RM36,438
• Proton Saga SV – Automatic (Metallic): RM36,888

PREVIOUS PRICES:

http://www.livelifedrive.com/malaysia/news/view/3666/2013-proton-saga-sv-launched-in-malaysia-prices-start-from-rm34k

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Malaysia Chronicle

Sunday, 16 June 2013 09:19

Proton expects new Saga variant to boost revenue

National car company, Proton Holdings Bhd is confident the new Saga FLX variant, Proton Saga Super Value (Saga SV), will increase the company’s revenue and bottomline.

Executive Chairman Tan Sri Mohd Khamil Jamil expected the company to sell 2,000 units of Saga SV per month due to its quality enhancement and price reduction.

“For a start, we estimate 2,000 units monthly but we hope that with the package we are offering, very encouraging package, it may increase to more than 2,000 units per month.

“We are very hopeful with this reduction in price and quality enhancement of the car, it will create much more interest in the FLX variant and increase the value of Proton’s brand,” he told reporters after launching the Saga SV in the capital, Saturday.

He said the introduction of Saga SV would help Proton to garner 30 per cent market share for Saga in the B-segment by year-end, from the current 24 per cent.

Bernama

http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=114631:proton-expects-new-saga-variant-to-boost-revenue&Itemid=3

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PROTON  WILL REDUCE THE PRICES OF ITS CARS BY 10% FROM TOMORROW, SATURDAY, 15 JUNE 2013.

YET, IT WAS BARELY 2 MONTHS AGO (ON 13 APRIL 2013) THAT DATUK SERI SYED ZAINAL ABIDIN SYED MOHD TAHIR, FORMER CEO OF PROTON HOLDINGS BHD, HAD WARNED AGAINST ANY DRASTIC REDUCTION IN PRICES.

Syed Zainal said that when the car prices were reduced by 5% in 2012, the market for used cars fell by 10%.

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MAI chief executive officer Madani Sahari explains that the overall prices of popular cars have reduced by some 4% from January to May this year.

Star

Saturday June 15, 2013

Impact of car price drop

By CHOONG EN HAN
han@thestar.com.my

THE promise of lower car prices has been made and the question is when?

Judging by a move Proton Holdings Bhd is going to make, it may start at the lower end of the price range for cars first.

Igniting the cut in car prices will be the Proton Saga.

Sources close to national carmaker Proton say the company is looking at slashing the price of entry level Proton Saga by RM5,000 from its list price. The price of the basic manual transmission Proton Saga is listed at RM38,361.

This was confirmed by Proton deputy CEO Datuk Lukman Ibrahim on the sidelines of the Proton Preve launch in Jakarta on Thursday.

In May, International Trade and Industry Minister Datuk Seri Mustapa Mohamed pledged that the Government would stay on course to reduce car prices gradually by 20%-30% over the next five years.

Will the reduction in car prices start with completely knocked down (CKD) or completely built up (CBU) units?

As we know, popular Japanese marques are already enjoying substantial tariff cuts via localisation of parts and free trade agreements.

More clarity will be made when the revised National Automotive Policy (NAP) is announced in the third quarter, with details of the proposed revision to be unveiled pending a review by the Cabinet.
…….

Frost & Sullivan partner and head of automotive and transportation practice for Asia-Pacific, Kavan Mukhtyar says second-hand car dealers earn the difference between their vehicle purchase and selling prices.

“If prices were reduced suddenly, they may get stuck with vehicles purchased at much higher prices, putting their business at a serious risk. A gradual reduction in new vehicle prices would soft-land the second-hand car market. In any case, there will be some short-term adverse impact on the second-hand car market,” he says.

Impact of car price drop – The Star Online

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Malaysiakini

Proton will tomorrow unveil its new price list, which will see car prices for existing models slashed by 10 percent, the New Straits Times reports.

Quoting Proton executive chairperson Mohd Khamil Jamil, the report said that the national carmaker has also given the assurance that quality would not be compromised.

“We are reducing the prices based on value engineering,” he was quoted as saying at the Proton Preve launch in Jakarta yesterday.

Proton cars are priced between RM38,148 (Saga FLX) and RM89,012 (Exora).

The new prices will be launched at its Mutiara Damansara outlet tomorrow and bookings will be open to the public.
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‘Mini Coopers 30pct cheaper’

Meanwhile, the daily also reported that the locally-assembled Mini Cooper Countryman launched yesterday retails at 30 percent less than the imported variety.

The first completely knocked-down (CKD) variant for the Mini range in Southeast Asia, the Countryman model and Countryman ALI4 model retail at RM218,888 and RM258,888 respectively.

Proton slashes prices by 10pct, details tomorrow

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Malaysian Chronicle

Saturday, 13 April 2013 18:00

Car prices cannot be reduced abruptly: former Proton CEO

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