VW will buy Proton (July 2007)

[phaeton]

Heres the article http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_6f5c48d e-cb73c03a-15e0c2b0-117c1667

So sometime next week info will be released is my guess :D

[phaeton]

http://paultan.org/archives/2007/03/30/volkswagen-drops-tie-up-plans-with-proton/

Its off but VW will still most likely build a plant or partner up with a Malaysian Industrial company to build there ;)

[gpk_gti]

there is a god!!!:)
read this from a post on that page...
quote-----
Proton choose not to be with VW because they do not want to give us a share of their South African market which is where we can also market our fantastic cars”

Proton continues “Why Africa and China? Because quality level are reasonable over there for our cars”

And if people question how come Proton Gen 2 become Aust official safety driving lesson car? Go figure, you have to be extra careful with a piece of paper. No?

Proton might even come up with this “We are looking to take over Lada, as we would like to have their technological advancements in producing cars that can withstand the harshest tempreture of Russian Winter, with this technology, we might be able to enter various market from the northern and southern hemisphere, we can be like Starbucks soon! we are everywhere!”
tosers!!!!!!!

[phaeton]

another link http://www.reuters.com/article/mergersNews/idUSKLR9305620070330

[phaeton]

On again other report was false :D

http://www.reuters.com/article/tnBasicIndustries-SP/idUSKLT00480720070330

I'm getting sick of hearing about this.

VW and Proton hurry up and make a decision :D

[phaeton]

Its finally happened, VW have agreed to buy Proton :o

http://www.bloomberg.com/apps/news?pid=20601100&sid=anw5Q57.BvPQ&refer=germany

[rayray086]

Wow, and doesn't Proton have Lotus? Will we see little Lotuswagens popping around some time in the future? :D

In my eyes it's a good thing - I'm Malaysian and they are pretty much the only vehicles they drive in Malaysia. Quality of Proton vehicles are awful. I hope in buying Proton, they start using VW parts and styling cues rather than Mitsubishi.

[MattyT]

This can only be a very good thing. The Satria GTI is a pretty good hot hatch, so if lotus get their mits onto Golf GTI hatches... watch out :o

[Lima]

This is true, but it seems pretty clear that Volkswagen has already remembered how to make a hot hatch, and one considerably better than the Satria too I might guess!

That said, a stripped out GTI inspired by Lotus would be nice. :cool:

[rayray086]

Some production rear-engined vehicles perhaps :)

[static1800]

nah a Volkswagen Exige :D

[Seano]

Its finally happened, VW have agreed to buy Proton :o


Oh no they haven't...Bloomberg's reporter quoted The Edge Magazine so I went there... http://www.theedgedaily.com/cms/search.jsp?query=volkswagen&sort=date and work your way down the list. It seems there is still much negotiating to do...

[phaeton]

Oh no they haven't...Bloomberg's reporter quoted The Edge Magazine so I went there... http://www.theedgedaily.com/cms/search.jsp?query=volkswagen&sort=date and work your way down the list. It seems there is still much negotiating to do...

It will happen soon though otherwise all this negotiating would have been a waste :(