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Proton (automobile)
Proton Holdings Berhad (PHB; informally Proton) is a Malaysian automotive company and automobile corporation active in automobile design, manufacturing, distribution and sales. Proton was established in 1985 as Malaysia's sole national badged car company until the advent of Perodua in 1993. The company is headquartered in Shah Alam, Selangor, and operates additional facilities at Proton City, Perak. Proton is a Malay acronym for Perusahaan Otomobil Nasional (National Automobile Company). Proton was originally a manufacturer of rebadged versions of Mitsubishi Motors (MMC) products in the 1980s and 1990s. Proton produced its first indigenously designed (though Mitsubishi-engined), non-badge engineered car in the year 2000, and elevated Malaysia as the 11th country in the world with the capability to design cars from the ground up. Since the 2000s, Proton has produced a mix of locally engineered and badge engineered vehicles. Proton cars are currently sold in at least 15 coun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlle ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Perodua
The (''Second Automobile Manufacturer Private Limited''), usually abbreviated to Perodua (), is Malaysia's largest car manufacturer, followed by PROTON Holdings, Proton. History It was established in 1992 and launched its first car, the Perodua Kancil, in August 1994. 'M2' refers to the codename which was used when the project to establish Perodua was still top secret. Initially Perodua mainly produced minicars and superminis, and did not have models in the same market segments as Proton. In recent years, however, its targeted market segments have started to overlap with Proton's – especially in the supercompact segment, where the Perodua Myvi has fought off the Proton Savvy and is now competing with the Proton Iriz. Perodua does not design or engineer its main components, such as engines and transmissions, in house. The cars have historically used Daihatsu component designs. Daihatsu held a 20% stake in Perodua at the company's launch, increasing this to 25% in 2001 an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mitsubishi Mirage
The Mitsubishi Mirage is a range of cars produced by the Japanese manufacturer Mitsubishi from 1978 until 2003 and again since 2012. The hatchback models produced between 1978 and 2003 were classified as subcompact cars, while the sedan and station wagon models, marketed prominently as the Mitsubishi Lancer, were the compact offerings. The liftback introduced in 1988 complemented the sedan as an additional compact offering, and the coupé of 1991 fitted in with the subcompact range. The current Mirage model is a subcompact hatchback and sedan and it replaces the Mitsubishi Colt sold between 2002 and 2012. Nameplate history The Mirage has a complicated marketing history, with a varied and much convoluted naming convention that differed substantially depending on the market. Mitsubishi used the Mirage name for all five generations in Japan, with all but the first series badged as such in the United States. However, other markets often utilized the name Mitsubishi Colt and se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Proton Saga
The Proton Saga is a series of compact and subcompact cars produced by Malaysian automobile manufacturer Proton. Introduced in 1985, the Proton Saga became the first Malaysian car and a major milestone in the Malaysian automotive industry. The Saga is Proton's longest-running and best-selling nameplate, with over 1.9 million units produced over 37 years. The first generation Saga was developed as the result of a joint venture between HICOM and Mitsubishi Motors. It is based on the second generation Mitsubishi Lancer Fiore, and was available in 4-door saloon and 5-door hatchback guises. The second generation Proton Saga was unveiled on 18 January 2008. It is based on a stretched Proton Savvy platform and was developed in-house by Proton. The third generation Proton Saga was launched on 28 September 2016. It is based on the outgoing Saga FLX platform, and is powered by the Iriz's 1.3-litre VVT engine. The name 'Saga' is an acronym for 'Safety, Achievement, Greatness, and Ab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Malaysia
The Government of Malaysia, officially the Federal Government of Malaysia ( ms, Kerajaan Persekutuan Malaysia), is based in the Federal Territory of Putrajaya with the exception of the legislative branch, which is located in Kuala Lumpur. Malaysia is a federation comprising the 11 States of Malaya, the Borneo States of Sabah and Sarawak, and 3 Federal Territories operating within a constitutional monarchy under the Westminster system and is categorised as a representative democracy. The federal government of Malaysia adheres to and is created by the Federal Constitution of Malaysia, the supreme law of the land. The federal government adopts the principle of separation of powers under Article 127 of the Federal Constitution of Malaysia, and has three branches: executive, legislature and judiciary. The state governments in Malaysia also have their respective executive and legislative bodies. The judicial system in Malaysia is a federalised court system operating uniformly thr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Malaysia
The economy of Malaysia is the third largest in Southeast Asia and the 34th largest in the world in terms of GDP. The 2018 labour productivity of Malaysia was measured at Int$55,360 per worker, the third highest in ASEAN. According to the Global Competitiveness Report 2021, the Malaysian economy is the 25th most competitive country economy in the world. Malaysians enjoy a relatively affluent lifestyle compared to many of its neighbours in Southeast Asia. This is due to a fast-growing export-oriented economy, a relatively low national income tax, highly affordable local food and transport fuel, as well as a fully subsidized single-payer public healthcare system. Malaysia has a newly industrialised market economy, which is relatively open and state-oriented. The Malaysian economy is highly robust and diversified with the export value of high-tech products in 2020 standing at US$92.1 billion, the second highest in ASEAN. Malaysia exports the second largest volume and value o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deputy Prime Minister Of Malaysia
The deputy prime minister of Malaysia ( ms, Timbalan Perdana Menteri Malaysia; ms, تيمبلن ڤردان منتري مليسيا, label= Jawi, script=arab, italic=unset) is the second-highest political office in Malaysia. There have been 15 officeholders since the office was created in 1957. The first prime minister of Malaysia, Tunku Abdul Rahman, started the convention of appointing a deputy prime minister, but some cabinets have opted not to appoint a deputy prime minister. Appointment Malaysia has always had a deputy prime minister for most of the time since independence. A prime minister may choose not to appoint a deputy prime minister. The office of deputy prime minister is not provided for in the constitution of Malaysia. At the same time, a prime minister could appoint more than one deputy prime minister, as has occurred before in Singapore. From August 1957 to May 2018, when the coalition government Barisan Nasional (BN), of which the United Malays National Org ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lotus Cars
Lotus Cars Limited is a British automotive company headquartered in Norfolk, England which manufactures sports cars and racing cars noted for their light weight and fine handling characteristics. Lotus was previously involved in Formula One racing, via Team Lotus, winning the Formula One World Championship seven times. Lotus Cars was founded and owned for many years by Colin Chapman. After his death and a period of financial instability, it was bought by General Motors, then Romano Artioli and DRB-HICOM through its subsidiary Proton. It is currently majority owned by Chinese multinational Geely, with Etika Automotive as a minority shareholder. The engineering consultancy firm Lotus Engineering, an offshoot of Lotus Cars, has facilities in the United Kingdom, United States, China, and Malaysia. Notable Lotus cars include the Lotus Seven, the Lotus Esprit and the Lotus Elan. History Early years The company was formed in 1952 as Lotus Engineering Ltd. by engineers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Khazanah Nasional
Khazanah Nasional Berhad is the sovereign wealth fund of the Government of Malaysia, entrusted with growing the nation's long-term wealth via distinct commercial and strategic objectives. Khazanah's commercial objective is to grow financial assets and diversify revenue sources for the nation, while its strategic objective is to hold strategic assets that bring long-term economic benefits. Khazanah is guided by its investment philosophy which emphasises attaining appropriate risk-adjusted financial returns, generating sustainable returns, and integrating ethical and responsible investing considerations. Khazanah is a member of the International Forum of Sovereign Wealth Funds, which maintains and promotes the Santiago Principles on best practices in managing sovereign wealth funds. It is also a signatory of the United Nations-supported Principles for Responsible Investment (UNPRI), signatory of the Malaysian Code for Institutional Investors and a member of the Institutional ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mitsubishi
The is a group of autonomous Japanese multinational companies in a variety of industries. Founded by Yatarō Iwasaki in 1870, the Mitsubishi Group historically descended from the Mitsubishi zaibatsu, a unified company which existed from 1870 to 1946. The company was disbanded during the occupation of Japan following World War II. The former constituents of the company continue to share the Mitsubishi brand and trademark. Although the group of companies participate in limited business cooperation, most famously through monthly "Friday Conference" executive meetings, they are formally independent and are not under common control. The four main companies in the group are MUFG Bank (the largest bank in Japan), Mitsubishi Corporation (a general trading company), Mitsubishi Electric and Mitsubishi Heavy Industries (both diversified manufacturing companies). History The Mitsubishi company was established as a shipping firm by Iwasaki Yatarō (1834–1885) in 1870 under the na ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mitsubishi Motors
is a Japanese multinational automobile manufacturer headquartered in Minato, Tokyo, Japan.Corporate Profile , Mitsubishi Motors website, 19 June 2008 In 2011, Mitsubishi Motors was the sixth-largest Japanese and the 19th-largest worldwide by production. Since October 2016, Mitsubishi has been one-third (34%) owned by Nissan, thus a part of the Renault–Nissan–Mitsubishi Alliance. Besides being part of the Renault–Nissan–Mitsubishi A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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