Dismantling Of Automobiles Companies in Malaysia

The Malaysian automotive industry has been hit hard by the global economic downturn, with several companies announcing plans to scale back production or close down operations altogether. The most recent casualty is Proton, which has announced that it will be dismantling its entire operation by the end of the year. This is a devastating blow to the Malaysian economy, as Proton was one of the country's largest employers.

The company's demise has been attributed to a number of factors, including a decline in demand for its products, fierce competition from foreign brands, and a lack of investment in new technology. Proton has been struggling for several years, and the Malaysian government has been pumping money into the company in an effort to keep it afloat. However, with the company now facing bankruptcy, it seems that the government's efforts have been in vain.

The closure of Proton will have a ripple effect on the Malaysian economy, with thousands of workers set to lose their jobs. It is also likely to cause an increase in the price of cars, as Proton was a major producer of vehicles in Malaysia. The company's collapse is a major setback for the Malaysian automotive industry, and it remains to be seen whether any other companies will be able to fill the void left by Proton.