X70 SUV bookings power Proton into new year

By CARSIFU | 15 January 2019


PETALING JAYA: Demand for the Proton X70 is strong, with over 15,000 bookings recorded so far.

Proton said it has delivered over 2,000 units to customers so far since its first SUV was launched on Dec 12 last year.

The X70 is based on the Geely Boyue and is available in four versions with prices ranging from RM100,000 to RM124,000.

“PROTON is very thankful for the support Malaysians have shown for the X70 and we are repaying their faith by trying to deliver units as quickly as we can," said Proton deputy chief executive officer Datuk Radzaif Mohamed today.

"This is the start to 2019 the company was looking for and we hope to keep the momentum going for our other activities throughout the year.”

Proton also announced that its vendors have signed agreements with foreign vendors that will see an initial investment of RM47mil into Malaysia.

The agreements, which were inked at the Matrade Exhibition and Convention Centre in Kuala Lumpur today, will range from technical agreements and joint ventures to 100% foreign direct investments with foreign vendors investing in the Malaysian economy.

Apart from investments in facilities and technology, the collaborations are expected to create 450 new jobs in the automotive industry, ranging from assembly to design engineering that requires highly skilled workers.

The vendors will supply parts to Proton’s manufacturing facility in Tanjung Malim, which is currently undergoing expansion at a cost of RM1.2bil.

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