Malaysia's Proton sees no price cut-report

Newswire

KUALA LUMPUR, Sept 22 (Reuters) - Malaysia's top carmaker, state-run Perusahaan Otomobil Nasional Bhd (Proton), said it has no plan to cut prices when the country lifts tariff barriers in 2005, the Edge weekly reported on Sunday. Proton's Chief Executive Mahaleel Tengku Ariff told the Edge in an interview there was no reasons for Malaysians to wait until 2005 to buy the Waja model, which was first introduced in 2000 and currently priced at 58,000 ringgit ($15,263) per unit. Malaysia, one ...

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