
Proton Holdings Berhad is short for Perusahaan Otomobil Nasional (Malay for National Automobile Enterprise), is Malaysia's first car manufacturer initiated in 1983 by then-Malaysia's Prime Minister Mahathir Mohamad. Proton is listed on the Bursa Malaysia.
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The nucleon branded house for cars stands for Perusahaan Otomobil Nasional translated in English as National Automobile Enterprise. It started in Asian country in 1983.
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According to a report by the sting, talks between automobile maker nucleon Holding Bhd and Europe's largest auto maker, Volkswagen AG--and maker of illustrious Volkswagen Van parts--- that have began last year haven't been pushing through in step with what the Malaysian government is hoping for.
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Last week, nucleon proclaimed its third consecutive quarter of losses that it blames on hyperbolic competition and sluggish sales. the corporate obtained a web loss of 281.45 mln rgt for the third quarter finished December compared to internet profit it's created a year earlier amounting to eighty six.51 mln rgt.
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