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Jun 9, 2005

DUMPING - MALAYSIA - Imports is affecting Proton's competitiveness

Bernama,Malaysia -UK/Auto Industry/Malaysian National News Agency -8 Jun 2005: -- Proton adviser and former Malaysian prime minister Tun Dr Mahathir Mohamad claims that the dumping of foreign completely-built-up (CBU) cars into the country at below cost are affecting the national car maker's (and Lotus Group owner’s) competitiveness... "We produce 25,000 cars a year initially in the beginning, but now we are producing more than 200,000 units, you cannot say we are not making money," he said...

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