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Last year, Proton achieved its best sales performance since 2012 with 154,611 units, a fifth consecutive year of expansion. With that, Proton Commerce (PC) benefitted from the growth in sales and the financing arm achieved a record number of loan disbursements.
A collaboration between Proton Edar and CIMB Bank, Proton Commerce provides financing solutions for Proton buyers. In 2023, Proton Commerce extended 27,288 loans, the highest since PC’s establishment. Notably, eight out of 12 months saw more than 2,000 disbursements – March 2023’s 2,934 loans was an all-time monthly high due to the Penjana SST rush.
“Looking at the Proton financing business landscape, our annual market share has demonstrated a steady upward trajectory, progressively advancing from 9% in 2018 to an impressive 18% by the end of 2023, marking the highest market share we have achieved thus far. In January and March 2023, our market position was noteworthy, positioning ourselves as the second-largest entity in terms of market share during this period,” said Mooi Fi Phang, CEO of Proton Commerce.

Proton Commerce CEO, Mooi Fi PhangGoing deeper, PC was the lead financier for the Saga, the best-selling model in Proton’s range. Since Q4 2021, the company has consistently held the lead position for the model, and in 2023, 61% of total loan disbursements were for the entry-level sedan.
“The company’s growth momentum was set in 2022 despite the initial challenges faced by Proton in t..

Katakanlah apabila Exora sudah tidak dijual nanti, Proton akan mengeluarkan MPV baru sebagai pengganti. Bagaimana rupanya? Itulah yang ditanya oleh Theophilus Chin, dan memandangkan beliau mempunyai kemahiran dalam lukisan digital, satu bayangan dibuat. Exora telah […]
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What if Proton launched a new compact MPV to fill the void left behind when sales of the Exora comes to an end? That’s the question posed by Theophilus Chin, who came up with renders of just what such a model could look like.
The Exora has been a popular option in the C-segment MPV market for some time, but production of the MPV came to an end last October. The X90 is regarded by some to be the indirect replacement for the Exora, so that does leave room for a smaller MPV, maybe one that can challenge the Perodua Alza?
Theo calls his vision for a compact Proton MPV the M70, and it combines the body of a third-generation Volkswagen Touran with the design elements and surfacing of the S70 sedan. What do you think of his work? Does it look visually appealing?

The Exora measures 4,615 mm long and 1,809 mm, which makes it somewhat larger than the donor Touran that is 4,527 mm long and 1,829 mm. We should point out both are bigger MPVs than the present-day Alza that is 4,425 mm long and 1,730 mm.
Proton has yet to say if the Exora will live on for another generation. It was previously rumoured that the Geely Jiaji, which is slightly larger than the current Exora, will serve as the basis for a replacement, but there has been no word if this will happen. Should Proton abandon the Exora and introduce a smaller MPV instead?

The post Proton M70 rendered – should the carmaker make a compact MPV that is smaller than the current Exora? appeared first on Paul Tan's Automotive News..

Baru-baru ini, kilang Proton di Tanjung Malim, Perak telah dikunjungi oleh Tuan Yang Terutama Karomidin Gadoev, Duta Besar Uzbekistan ke Malaysia, dengan tujuan lawatan adalah untuk meneroka peluang kerjasama pada masa hadapan. Rombongan tersebut dialu-alukan […]
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Proton’s Tanjong Malim plant recently hosted a visit from His Excellency Karomidin Gadoev, ambassador of Uzbekistan, with the purpose of the visit being to explore opportunities for cooperation in the future.
Welcoming the ambassador’s entourage, which included representatives from the Uzbekistan embassy, were Roslan Abdullah, deputy CEO of Proton and Tengku Zainudin Tengku Jafar, head of regulatory management at DRB-Hicom, along with other senior members of Proton’s senior management.
“Malaysia is a long-term and dependable friend of Uzbekistan, as we are connected by centuries-old trade and cultural ties, friendship, and spiritual closeness. In the last few years bilateral economic relations between Uzbekistan and Malaysia are steadily developing,” said Karomidin after touring the Tanjong Malim plant.
“Currently 36 Malaysian companies are successfully operating in Uzbekistan, and there is one Uzbek company in Malaysia. By the end of 2024, three Malaysian companies will start their activities in our country and currently, negotiations with several Malaysian industry players on establishing joint investment projects are well underway,” he added.
Karomidin also said there is huge untapped potential between Uzbekistan and Malaysia in terms of bilateral economic relations, and that discussions were held during his visit on prospects of joint cooperation in the automotive industry that could potentially benefit both countries.
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