00:00 The new Proton S70 compact sedan has been launched.
00:16 Proton Holdings Berhardt said it is targeting to sell over 3,000 units a month for the first
00:21 year.
00:23 The 1.5-litre turbo S70 comes in four variants, namely the Executive, Premium, Flagship and
00:30 Flagship X.
00:32 The price for the Executive model starts from Rs 73,800, the Premium starts from Rs
00:39 79,800, the Flagship starts from Rs 89,800 and the Flagship X model starts from Rs 94,800.
00:50 The S70 has received about 1,200 bookings so far and will be delivered early next year
00:56 with the Premium and Flagship variants being the most popular.
01:01 International Trade and Industry Minister Tg.
01:03 Datuk Sri Zafro Tg.
01:04 Abdul Aziz launched the car on Tuesday and said the S70 enables Proton to return to the
01:10 C-segment compact sedan market after the success of their sport utility vehicle models.
01:16 He also noted that Malaysia is the only country in ASEAN with two homegrown original equipment
01:22 manufacturers.
01:23 "So as at the end of October, the TIV, the total industry volume, has grown by 11.6%
01:30 over 2022.
01:31 With slightly more than a month remaining for this year, we are on track to break the
01:36 all-time value record that was set just last year.
01:41 I've also taken note that Proton is becoming one of Malaysia's main exporters of vehicles.
01:48 Although the numbers remain relatively small, but Miti would like to challenge Proton.
01:56 Can we see a rapid expansion on the bank of the introduction of new models?"
02:03 He also said that Malaysia's automotive industry has contributed more than $30 billion to the
02:07 gross domestic product, with an annual production output of over 500,000 vehicles.
02:14 Tengku Zafro also highlighted that Malaysia's broader strategy is to leverage the growth
02:18 prospects of electric vehicles.
02:21 [BLANK_AUDIO]
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