DRB-HICOM and Zhejiang Geely Holding Group (ZGH) today signed the definitive agreement for the Chinese automotive group to acquire 49.9% share of DRB’s Proton and 51% shares of luxury sports car brand…
Geely Beli 49% Saham Proton dan 51% Saham Lotus
DRB-HICOM Berhad (DRB-HICOM) telah mencapai persetujuan dengan syarikat China, Zhejiang Geely Holding Group Co., Ltd (Geely Holding) bagi membolehkan syarikat tersebut membeli sebanyak 49.9% saham Pro…
Geely Buys Proton and Lotus
DRB-HICOM Berhad (DRB-HICOM) has reached an agreement with China-based Zhejiang Geely Holding Group Co., Ltd (Geely Holding) for the Chinese automotive group to acquire 49.9% equity in Proton Holdings…
All Proton FSP Bidders Still In The Running
DRB-HICOM, Proton’s parent company has released an official statement, stating that the search for a foreign strategic partner (FSP) for Proton is still on-going and as previously mentioned, the compa…
DRB-HICOM Denies Rumours That Proton FSP Decision Has Been Finalised
Previously, there have been several reports that claimed DRB-HICOM have already selected a foreign strategic partner (FSP) for their wholly-owned carmaker, Proton. Rumours also suggest that the search…
DRB-HICOM Believes Foreign Strategic Partner Is the Key Part Of Proton’s Success
DRB-HICOM, as 100% owner of Proton, believes that the automaker can be a more successful once a foreign strategic partner (FSP) is on-board. The entry of a FSP will enable Proton to revitalize itself …
DRB-HICOM’s Autofest Returns This Weekend!
DRB-HICOM’s Autofest returns for the 6th edition, once again with great deals and fantastic packages up for grabs. DRB-HICOM Autofest 2017 will showcase 10 brands under the group’s automotive portfoli…
Modenas debuts trio of scooters, priced from just RM4,980
Motosikal dan Enjin Nasional Sdn Bhd, better known as Modenas just launched the all-new Karisma 125 and Elegan 250. Edaran Modenas (EMOS), a subsidiary of Modenas launched the Kymco Downtown 250i. The…
DRB-Hicom to Reward Malaysian Olympic Medalists With Proton Cars
DRB-Hicom in collaboration with Proton Holdings Bhd will present Proton cars as appreciation to Malaysian medal winners at the 2016 Olympics Games in Rio de Janeiro, Brazil which is still ongoing unti…
DRB-Hicom denies selling entire stake in Proton
In a statement issued on Monday evening, DRB-Hicom has remained “highly committed” to hold majority stake in national car maker Proton. “DRB-Hicom Bhd wishes to deny the statement suggesti…
Proton signs MoU and License Agreement with Suzuki, new model expected in 2016
Proton Holdings Berhad, DRB-HICOM Berhad and Suzuki Motor Corporation has signed a Memorandum of Understanding and License Agreement to work on a long term collaboration and partnership.…
Tata reentering Malaysian market, launches new commercial vehicles
Tata Motors Limited, India’s largest automobile company today has collaborated with DRB-Hicom to revive the Tata brand in the Malaysian market since its first entry back in 1993. The wholly owne…
Lotus sales soar in first quarter of 2014
It seems the managerial changes at Group Lotus has brought positive vibes as the company announced a 31% rise of sales for the first financial quarter of 2014. 505 units left Lotus showrooms worldwide…
Jeep to make a return in Malaysia
Jeep, the American 4×4 maker well known for the Cherokee and Wrangler models, is set to make a comeback into the Malaysian market. This is made possible after Malaysia automotive conglomerate, DR…
Lotus receives £10m grant from British Govt to fund new models
Lotus has been awarded £10.44m (approx RM50-60 million) from the Government’s Regional Growth Fund which will fund development of new models and create 313 new jobs. This is the second time the …