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2009 Annual Report - ChartNexus

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Managing Director’s Review<br />

With this in view, we have updated and refreshed key models during the year under review.<br />

These include a Special Edition version of the Persona, which was introduced to enthusiastic<br />

response, and a “sportier” Satria Neo that captured the imaginations of trendy Malaysians.<br />

In addition, we developed several variants for our new Saga model to cater to niche but<br />

sizeable markets.<br />

Our acquisition of Lotus remains a valuable investment for us as we continue to further<br />

explore and utilise their engineering advancements and technologies to enhance our<br />

products and manpower skills. We have made positive progress in our technology transfer<br />

projects with Lotus, such as in vehicle driving dynamics, development of the electric vehicle,<br />

as well as powertrain and CamPro engine development.<br />

As we move forward, PROTON will maintain its momentum to introduce new products<br />

while updating our existing range. We will continue to invest in research and development<br />

as well as extensive market surveys to ensure that we keep on delivering products that<br />

are relevant. Product development projects include the incorporation of improved new<br />

technologies into our vehicles as well as exploration of new and alternative technology<br />

such as hybrid and electric vehicles.<br />

In summary, we aim to achieve a stable of well-proven and well-received products that will<br />

enable the brand to seize market share at home as well as abroad.<br />

PROTON <strong>2009</strong> ANNUAL REPORT<br />

61

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