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After my last comment, I decided to dig around available information regarding this and found Paul Tan's comment about it. Well, after reading it, cool off a bit, but .. I just wish them .. good luck ..
As always our planners are just looking at 'tomorrow' never the years ahead. S T U P I D !
The automotive business is such a competitive business on a global scale that we need one of those big platers to team up with. National pride can be achieved together with shrewd commercial planning and decision. We somehow screwed it!
Well, to be fair Proton is in somewhat better shape now than at the begiinning of the negotiation. I hope this was a rational decision rather than the ego thing. We do not know what were the terms and condition of the proposed deal so the jury is still out on this decision.