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Malaysia's motor mess

机译:马来西亚的汽车混乱

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Is proton, Malaysia's molly-coddled state-controlled carmaker, finally set for a shake-up? On July 25th, the firm fired its chief executive, Tengku Mahaleel Ariff. His immediate offence was to criticise the government for allowing too many imported cars into Malaysia, thereby, he claimed, denting Proton's profits. But he had also resisted the idea that the government should sell a large part of its stake in Proton to a foreign carmaker. Proton's minority of publicly-traded shares jumped by over 8% on the day after his dismissal, presumably on hopes that a big sale will now go ahead. Proton should be king of Malaysia's roads, thanks to the steep tariffs and excise duties imposed on imported cars and even locally-assembled foreign brands. But despite such protection its market share has slipped steadily, from 66% in 1999 to 40% in the first six months of this year. The firm sold less than 190,000 cars last year, far below its capacity of 380,000. Profits, needless to say, are as lacklustre as sales.
机译:马来西亚质弱的国家控制的汽车制造商Proton最终会进行一次重组吗? 7月25日,该公司解雇了其首席执行官Tengku Mahaleel Ariff。他声称,他的直接罪行是批评政府允许过多的进口汽车进入马来西亚,从而损害了宝腾的利润。但他也拒绝了政府应将其在腾腾所持股份的很大一部分出售给外国汽车制造商的想法。被解雇后的第二天,普腾的少数公开交易股票上涨了8%以上,大概是因为希望现在能进行大笔交易。得益于对进口汽车甚至本地组装的外国品牌征收的高额关税和消费税,Proton应该成为马来西亚道路之王。但是,尽管采取了这种保护措施,其市场份额却从1999年的66%稳步下降到了今年前六个月的40%。该公司去年售出的汽车不到19万辆,远低于其38万辆的产能。不用说,利润与销售一样乏味。

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