Saturday, February 25, 2017

PROTON


As posted by Dr. Mahathir Mohamad at Che Det on February 21, 2017

1. I am sad that Proton is to be sold to foreign companies. Having a strategic partner is ok. But once Proton is sold to foreigners it will cease to be a national car. It will just be producing foreign cars in Malaysia. That is something we have been doing since the 1970s.

2. Proton may not be profitable now. But it was very profitable before. Admittedly it was because it was protected. But even after protection ceased it was profitable. All countries protect their automotive industry. It may not be through high import duties. But there are other ways of preventing imports from challenging locally made cars. These other ways are actually much more effective and can result in excluding foreign-makes completely. That is why Proton cannot be exported to these countries. We are very generous. Anybody can export their cars to this country. Sub-standard cars too can be imported.

3. I am out of Proton now. Since then I have not been allowed to even meet or speak or phone Proton staff.

4. That is alright.

5. My fear is that if we do not own Proton anymore the Malaysian automotive industry will suffer a great loss.

6. The vendors and suppliers of components will close shop. Lots of workers will lose their jobs. And Malaysia’s engineering capacity will be reduced. It will not be a developed country in 2020 or later. Malaysia will remain a third world developing country.

7. Once upon a time Malaysia was called an Asian Tiger. Today Malaysia is not even a pussycat. We have become one of the ten most corrupt countries in the world.

Syabas! Najib.