Proton bomb
Malaysia's creaky national car company faces an uncertain future
NORWICH CITY has just won promotion to the Premier league, but things are not going so well for Proton, the Malaysian car firm that sponsors the English soccer team. Founded in the 1980s by Malaysia's then prime minister, Mahathir Mohamad, Proton was meant to symbolise the country's rapid industrialisation and aspirations to first-world status. Now, with free time since leaving office last October, Dr Mahathir is back, hoping to solve the problems of his cherished white elephant.
This article appeared in the Business section of the print edition under the headline “Proton bomb”
Discover more
Could seaweed replace plastic packaging?
Companies are experimenting with new ways to reduce plastic waste
Has Sequoia Capital outgrown its business model?
Venture capital’s hardiest perennial gets back to its roots
On stupid rules and quick wins
Why every boss can benefit from asking employees what most infuriates them
TikTok wants Western consumers to shop like the Chinese
It still has some convincing to do
Will the trouble ever end for Volkswagen and its rivals?
From strikes to Trump tariffs, calamities abound
After Northvolt’s failure, who will make Europe’s EV batteries?
The continent looks ever more reliant on Asian producers