CGS-CIMB Securities: Proton X50 to drive domestic market share growth, export plan | Malay Mail

📆 29/10/2020 9:23 AM
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KUALA LUMPUR, Oct 28 ― CGS-CIMB Securities Sdn Bhd expects the Proton X50 to be the new growth driver for the national automaker, given that it offers exposure to new markets in “B-segment sports utility vehicle (SUV)”. Analyst Mohd Shanaz Noor Azam said the X50 is expected to jumpstart...

Wednesday, 28 Oct 2020 12:28 PM MYT

KUALA LUMPUR, Oct 28 ― CGS-CIMB Securities Sdn Bhd expects the Proton X50 to be the new growth driver for the national automaker, given that it offers exposure to new markets in “B-segment sports utility vehicle ”. The collaboration offers flexibility for the X50 to be built in multiple sizes and powertrain options, including for electrification.

Proton started production roll-out of the X50 at its new production line in Tanjung Malim on September 20.

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