News

Press Release - September 2017 Market Report

Passenger Car and Light Commercial Vehicle Market Showed a Decrease of 1% in the first nine months of 2017. Passenger Car Market Decreased By 3%, Light Commercial Vehicle Market Increased By 2%. Turkey’s passenger car and light commercial vehicle total market decreased by 1.44% in the first nine months of 2017 compared to the same period of the previous year, to 627,343. In the nine-month period of 2016, total market sales figure was 636,499. Passenger car sales went down by 2.6% in the first

Read More..
Passenger Car Market Decreased By 3%, Light Commercial Vehicle Market Increased By 1.5%. Turkey’s passenger car and light commercial vehicle total market decreased by 2.27% in the first eight months of 2017 compared to the same period of the previous year, to 555,991. In the eight-month period of 2016, total market sales figure was 568,906. Passenger car sales went down by 3.38% in the first eight months of 2017, compared to the same period of previous year, to 423,198. In the same period of

Passenger Car and Light Commercial Vehicle Market Showed a Decrease of 2% in the first eight months

Read More..

Passenger Car and Light Commercial Vehicle Market Showed a Decrease of 3% in the first seven months

Passenger Car and Light Commercial Vehicle Market Showed a Decrease of 3% in the first seven months of 2017. Passenger Car Market Decreased By 4%, Light Commercial Vehicle Market Increased By 2%. Turkey’s passenger car and light commercial vehicle total market decreased by 2.79% in the first seven months of 2017 compared to the same period of the previous year, to 483,455. In the seven-month period of 2016, total market sales figure was 497,350. Passenger car sales went down by 4.1% in the

Read More..
Geely to acquire 49.9% stake in Proton, 51% in Lotus – definitive agreement to be signed before end of July It’s now official; DRB-Hicom has reached an agreement with Zhejiang Geely for the Chinese carmaker to acquire a 49.9% equity stake in Proton. The deal, which is subject to regulatory and shareholder approval, will also see Geely acquire a majority stake (51%) of Lotus from Proton. DRB-Hicom also announced that it will be selling off the remainder of its 49% stake in Lotus, exiting

Geely to acquire 49.9% stake in Proton, 51% in Lotus – definitive agreement to be signed before end

Read More..

Vehicle Market Showed a Decrease of 8% in the first 4 months of 17

Passenger Car Market Decreased By 10%, Light Commercial Vehicle Market Decreased By 3%. Turkey’s passenger car and light commercial vehicle total market decreased by 8.4% in the first four months of 2017 compared to the same period of the previous year, to 232,078. In the four-month period of 2016, total market sales figure was 253,373. Passenger car sales went down by 10.12% in the first four months of 2017, compared to the same period of previous year, to 173,961. In the same period of 2016,

Read More..

PROTON UNVEILS NEW LOOK AND OFFERS NEW EXPERIENCE

PROTON UNVEILS NEW LOOK AND OFFERS NEW EXPERIENCE SUBANG JAYA, 16 February 2016 – PROTON Holdings Berhad ("PROTON" or "the Company") today shared a new promise to its customers, coming into its new era after 30 years of learning, acquisition of technologies and contributing back to the nation's growth. The Company is aware of the dwindling sales figures and smaller market share while it strives to do its best to improve market perception of the brand. In view of the situation, PROTON takes

Read More..
PROTON UNVEILS ITS LATEST R & D INITIATIVE WITH THE FIRST FIRING OF NEW PROTON ENGINE Latest powertrain development with the Turbo Gasoline Direct Injection (TGDI) Technology. Producing at an average of 25% lower fuel consumption and up to 20% higher performance. Great fuel efficiency with low carbon emission. MALAYSIA JANUARY 2016, The line-up, which will enter production by the end of 2017, will include 1.0 litre and 1.2 litre three-cylinder naturally-aspirated engines with variable valve timing

Proton Unveils $140 Million Engine R&D Programme

Read More..

Market has shown an increase of 26% in 2015.

Passenger Car and Light Commercial Vehicle Market has shown an increase of 26% in 2015. Passenger Car Market Increased 23.5%, Light Commercial Vehicle Market Increased 34.4%. Turkish passenger car and light commercial vehicle total market decreased 26.1% in 2015 compared to the last year, to 968,017. In 2014 total market sales value of 767,681 was reached. Passenger car sales went up 23.54% in 2015, in comparison to the last year and became 725,596. In 2014, the sales reached 587,331. In 2015, light

Read More..

PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE MARKET SHOWED AN INCREASE OF 6% IN JANUARY, 2015

Passenger Car Market Increased 0.53%, Light Commercial Vehicle Market Increased 21.86%. Turkish passenger car and light commercial vehicle total market increased 5.95% in January 2015 compared to the same month of the previous year, to 34,615. In January 2014, a total market sales value of 32,670 was reached. Passenger car sales went up 0.53% in January 2015 in comparison to the same month of the last year and reached to a number of 24,498. In January 2014, the sales reached 24,368. Light commercial

Read More..
OVERVIEW OF 2014/2015; According to October 2014 estimations of IMF World Economic Outlook Report, 2014 & 2015 growth rate estimations for the World is 3.3% and 3.8%, respectively. The report suggests that 2014 & 2015 growth rates of the U.S., pacemaker of the world economy will be 2.2% and 3.1%, respectively. It is also estimated that Turkish automotive industry exports to Europe which is crucial for the Turkish economy will increase 0.8% in 2014 and 1.3% in 2015. LMC Automotive has published 2014

SECTOR BASED PRESS RELEASE, NOV.2014

Read More..
PRESS REVIEW Passenger Car and Light Commercial Vehicle Market showed a decrease of 14% in the first 11 months of 2014. Passenger Car Market Decreased 15%, Light Commercial Vehicle Market Decreased 10.5%. Turkish passenger car and light commercial vehicle total market decreased 14.23% in January-November period of 2014 compared to the same period of the previous year, to 620,692. In the first eleven months of 2013, a total market sales figure of 723,660 was reached. Passenger car sales went down

SECTOR BASED PRESS REVIEW, NOV.2014

Read More..

TURKISH STANDARDIZATION INSTITUE (TSE) VISITED MALAYSIA PROTON PLANT

Turkish Standards Institue (TSE) technical committee visited PROTON SHAH ALAM PLANT in Malaysia for their upcoming new project. During their visit, the committee had been at PROTON R & D Division, Vehicle Type Approval and Homologation Division, Test Track and unique labs that were own by only limited car manufacturer firms globally in order for information sharing mutually. PROTON is one of such unique car manufacturer firms that has test tracks and labs globally and Malaysia is only one Muslim

Read More..