Malaysia's Proton to halve waiting time for new model

Newswire

TANJUNG MALIM, Malaysia, July 26 (Reuters) - Malaysia's top car maker, Proton Holdings Bhd. , said on Monday it aimed to halve waiting times for its latest Gen.2 sedan model to around three months by March as it battles cut-price competition from some of Asia's leading car makers. Proton launched the Gen.2 in February but buyers who placed some 14,000 orders by May currently wait up to six months before getting to drive the new car. "Hopefully by Q1 (2005), we can generate enough volume ...

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