Proton & Perodua Will Not Be Forced To Merge
The Malaysian government will not force a merger between Proton and Perodua, Minister of International Trade and Industry Datuk Seri Mustapa Mohamed said, making clear that any plans between the two national automakers will need the approval of their respective stakeholders.
“We cannot force them to make a decision as there is a long spectrum”, Mustapa said to the media earlier today. “At one end is loose cooperation and, at the other, a merger, which has yet to be decided”.
However, Mustapa, having discussed in details with Proton and Perodua about the possibility of a merger, believes that consolidation between the two local heavyweights will bring about synergy and a more competitive local car industry.
Moreover, the government, which first mooted the idea for a more streamlined car industry in November 2010, is in favour of a merger between Proton and Perodua, and will continue to hold talks with both companies.
Proton Managing Director Datuk Syed Zainal Abidin Syed Mohamed Tahir had previously stated that he saw the need for consolidation and the room for collaboration. Perodua, on the other hand, was less certain on a merger, which would disrupt if not derail its five-year roadmap, which had been developed with its partner Daihatsu.
“We cannot force them to make a decision as there is a long spectrum”, Mustapa said to the media earlier today. “At one end is loose cooperation and, at the other, a merger, which has yet to be decided”.
However, Mustapa, having discussed in details with Proton and Perodua about the possibility of a merger, believes that consolidation between the two local heavyweights will bring about synergy and a more competitive local car industry.
Moreover, the government, which first mooted the idea for a more streamlined car industry in November 2010, is in favour of a merger between Proton and Perodua, and will continue to hold talks with both companies.
Proton Managing Director Datuk Syed Zainal Abidin Syed Mohamed Tahir had previously stated that he saw the need for consolidation and the room for collaboration. Perodua, on the other hand, was less certain on a merger, which would disrupt if not derail its five-year roadmap, which had been developed with its partner Daihatsu.
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