Uh-oh: Our colleagues and fellow market watchers in Malaysia were waiting and waiting for market data for the month of July, but none arrived. With August about to end, they stared to ask questions. They were told there won’t be any data. No, it wasn’t because Malaysia suddenly is like Europe. In the Old Country, July data traditionally are supplied in September,because Europe is on vacation in August.
No, it was because Proton suddenly refused to supply its data.
Without Proton, one of Malaysia’s two sizable automakers, the statistics would be for the birds, reasoned the Malaysian Automotive Association (MAA), and called the whole report off. Proton had a surprising excuse for not submitting its sales count. Reports Malaysia’s Motor Trader:
“Proton’s refusal to supply the data is due to its belief that doing so would be an offence under the Competition Act which came into being at the start of this year. The Act, which is intended to prevent price-fixing (among other things), suggests that sharing of data by car companies is an act of collusion.”
Other car companies also curtailed their reporting over the last 6 month, but they still provide ‘top-level’ data, i.e. overall sales volumes but not data on sales of individual models.
Nasty observers could be inclined to think that troubled Proton has something to hide.
Tip of the songkok to Polar Bear