In 2006, Proton's sales dropped 30.4% from 166,118 in 2005 to 115,538 for the Malaysia market.
With a later report indicating a 55% fall of sales to 962.3 million ringgit, its lowest in at least seven years.
This allowed Perodua to overtake Proton as the country's largest passenger carmaker for the first time, with a 41.6% market share, while Proton's market share fell from 40% in 2005 to 32% in 2006.
In the period ending December 31, 2006, Proton has also suffered three consecutive quarterly losses. Compared to a profit of 86.5 million ringgit in 2005, the car company lost 281.5 million ringgit in 2006. Proton blamed discounts from rivals. Total losses in 2007's financial year climbed to $169 million.
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