No Truth in Newspaper Report, Says EON

Edaran Otomobil Nasional (EON) has issued a statement that denies any valid truth in a report in today’s Business Times which suggests that USPD – now owned by Proton – will become the sole distributor of Proton vehicles, suggesting that EON would be terminated. The report went on to say that if EON did not renew its distributorship agreement by the end of this year, it would cease to be a distributor for Proton, a role which it has had since 1985.

EON Managing Director Datuk Adzmi Abdul Wahab says that ‘at no time in the talks with Proton on the distributorship agreement was this issue ever raised’ and that ‘discussions on the distributorship agreement are still ongoing.’

It is understood that Proton has also issued a separate statement which confirms that the BT report was ‘inaccurate’.