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On 24 May 2017, DRB-HICOM as the owner of Proton has reached an agreement with Geely for the Chinese carmaker to acquire a 49.9% equity stake in Proton. [4] The acquisition and partnership was urgently needed, since at the time DRB-HICOM cites several problems which were Proton's lack of technological competitiveness, which it claimed could hamper its ability to develop quality products.
The following is a list of Proton vehicles, including past, present, and concept nameplates. Perusahaan Otomobil Nasional ( Proton ) was established in May 1983 [ 1 ] through a joint-venture between The Heavy Industries Corporation Of Malaysia ( HICOM ) and Mitsubishi Motors Corporation ( MMC ).
The most apparent change is that the Proton X70 is right-hand drive while the Geely Boyue is a left-hand drive vehicle. [23] Proton started the local assembly of the X70 in December 2019 with the launch in February 2020. [24] [25] The Proton X70 was launched in Pakistan in December 2020. [26]
Proton Holdings Berhad, commonly known as Proton (stylised PROTON), is a Malaysian multinational automotive company. Proton was established on 7 May 1983, as Malaysia's sole national budget car company until the advent of Perodua in 1993.
Lifan X70, a 2018–present Chinese compact SUV; Oshan X70A, a 2017–present Chinese compact SUV; Proton X70, a 2019–present Malaysian compact SUV; Toyota Chaser (X70), a 1984–1988 Japanese mid-size sedan; Toyota Cresta (X70), a 1984–1988 Japanese mid-size sedan; Toyota Mark II (X70), a 1984–1988 Japanese mid-size car
DRB-HICOM is the majority shareholder of Malaysia's national car company, Proton, with China's Zhejiang Geely Holding Group the other shareholder since an equity sale in 2017. [2] The Group also owns national motorcycle company Modenas , with Japanese two-wheeler giant Kawasaki as its partner. [ 3 ]
Download QR code; Print/export Download as PDF; Printable version; In other projects ... Proton R3; Proton S70; Proton X50; Proton X70; R. Proton RESS; S. Proton Savvy;
The Proton S70 is a C-segment compact sedan [1] produced by Malaysia's automotive company Proton in collaboration with Geely Auto. The vehicle was previewed on 20 November 2023, as it is marked the first sedan car produced by Proton following the 49.9% share acquisition by Geely in 2017. [2] The S70 is marked as a successor to the Proton Prevé.