Friday, November 18, 2005

Malaysia Must End Protection for Proton: Financial News - Yahoo! Finance

With regards to Proton, the first thing the government should do is to lift the restriction of having to source 70% of automotive components from local suppliers.

Proton, in my opinion, have the skill and experience to design a very good automobile. However, the lack of skill and experience, and not to mention, the greed of local manufacturers to cut cost whenever they can, results in Proton cars being inferior to that of others.

Without this restriction, I believe Proton can make decent cars. They can import components of quality from neighbouring countries.

The result of this action will cause the collapse of many local industries. But it will enable Proton to survive. Why help the local, greedy manufacturers to survive and let the pride of the nation suffer and die?

The government is well aware of this course of action, but it is something they will never take. Why? You should know why.....

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