If the other day I took the news that the group PSA was in negotiations with GM to keep Opel and Vauxhall now we bring you good news. According to the gossip of the network, DRB-Hicom would be negotiating the sale of one of its signatures to the end within the French group.
The brand that would be on the table would be Proton and seeing the route carrying would not be surprising that the information is real. These rumors also arrive in the hands of others and would be to Lotus Cars (other brands within the conglomerate DRB-Hicom) also would be sold. However in this case the firm which has more ballots to stay with her is the Geely of china.
This news already are discernable as DRB-Hicom asked helps financial to the Government of Malaysia. The condition that its Government was to find better support and improved industrial relations with other groups or brands. After receiving part of the capital, DRB-Hicom was in contact with several firms international and it seems that it would have agreed to lose some of its brands control to prevent its bankruptcy.
Certainly, If the PSA group stays with Proton is because they have a plan to go with it. The idea of the French would improve its penetration into the Asian markets and having a regional brand things could be easier. Besides Proton would also have other cutting economic assistance and is from Malaysia could export its cars to several Eastern markets without paying tariffs that would have to pay now if you take them.
To continue with these plans the Group PSA would have suggested to DRB-Hicom the construction of a new factory. Of she would leave them models destined to them markets regional besides that Proton could manufacture. With her Malaysian brand production capacity will increase exponentially. The reason is that currently manufactured only about 150 or 200 thousand vehicles per year and with the arrival of the French models figures could haunt the million units.
On the other hand, PSA would not enter into competition with the Geely of china. The reason is that the French group would not be interested in Lotus Cars by their idiosyncrasies and losses accumulate. Thus DRB-Hicom would have two partners of weight in the automotive industry without losing part of the capital of its brands.
It remains to be seen how there are the facts, but if The PSA group is made with Opel, Vauxhall and Proton (and everything out as you predict) could be one of auto groups that will give us more surprises in the coming years.