Quote Of The Day: Cassandra In Kuala Lumpur Edition
May 26th, 2009 7:41 PM Share
“The automotive industry in Malaysia needs to be energized and revitalized . . . We cannot continue to have protectionist policies forever. We have committed to open up for the auto sector.”
—Malaysian Deputy Prime Minister Muhyiddin Yassin, via AP ( LA Times).
Published May 26th, 2009 7:23 PM
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What he really means is auto companies willing to provide the necessary payment to favored Government politicians.
what he really means is he wants to be a new china and have foreign companies kick in all the money and hire all the 'natives' in a 50/50 JV woulda worked except for that little thing called the GFC
Uh huh. I'm sure Proton is just shaking in their boots. This is the same company who's idea of being competitive is to make the world's first Islamic car They do sell them in Australia... very, very few from my personal observation.