Oh Proton, what woes thou hast…

Just finished a discussion revolving around (what else?) the stock market. Won’t go into the technicalities and conclusions we came to since this isn’t what this blog is about.

There was however one interesting point that was raised which I thought I might post here. R (one of my regular round-tablers for the stockmarket) kicked of a discussion on Proton and its numerous ailments – my, it does look terminal from my perspective – and he commented that Proton’s inventory buildup is high enough such that they’re going to take (further) drastic measures to pare it down.

He said that one of the things Proton will be doing is to push its stocks of Wiras and Iswaras off at below RM30K each. I was a little startled to hear that, but R emphasised that this has been publicly stated by the current Proton boss.

So to Myuu who might be thinking (or rather, required) of changing cars, that’s something to keep in mind. A Wira may not be sexy, it may have just a barely adequate powerplant (or to put it in geekspeak, it’s a Pentium 2 compared to what’s around us now) but let’s face it, parts for it are dirt cheap and maintainence wise any mechanic operating from under a tree can fix it.

And to Fish who already has a Wira, I feel your (depreciation) pain man even though you say you don’t intend to sell it for a number of years.

So to all readers, keep an eye out for Proton’s promotions if you’re in the market for a new car.

3 responses to “Oh Proton, what woes thou hast…”

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