Last week, Maybank Securities issue a report on Automotive Industries stating that "national segment of Commercial vehicle saw a sharp increase of 72.6%. We believe this is due to strong sales in national multi-purpose vehicles (MPV), especially by Naza-Kia which launched a very aggressive promotional drive in July 2006..........Compared with July 2006, TIV increased 7.4% to 47,189 units in August 2006. The higher month-on-month (m-o-m) volume was mainly due to higher national commercial vehicle sales, which rose a drastic 130.4%. This is again likely caused by the aggressive promotion by Naza-Kia on their MPVs."
Previously, Naza grow has threaten Proton's sales and this cause Tengku Mahalee, CEO of Proton at that point of time to complaint it to Proton's adviser Ex-Prime Minister Tun Dr Mahathir. Mahathir then create the controversial National Car Status issue.This is the different between an employee of GLC and entrepreneur . An employee of GLC complaint and seek government intervention whereas entrepreneur find ways to grow their company.
Note: This is part of the reply to comment by reader Bigjoe99
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