The Lotus+Proton tie is different from this WW+Proton Tie.
Proton Controls Lotus. There were some technology transfer but the whole process and management was by Proton. Proton didn't know how to really make use of Lotus' technology and mainly only used the name Lotus as a marketing strategy.
WW rejected Proton the last time because the Government wanted to sell 51% of Proton Share to them With the condition that Proton will still be under full management of Malaysians. Now, if you were WW, how would you feel spending money pumping and buying 51% of a company but having no control over it?
I guess that the talks did go on and now the Government has decided to actually give WW some management control when they buy over 51% of Proton.
I certainly want to see them become a better company and make better cars.
This post has been edited by n305er: Nov 9 2006, 10:06 AM
PROTON - VW wow!, It's still on suckers!!
Nov 9 2006, 10:06 AM
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