malaysia

List of News and Information about malaysia on 4WheelsNews.com

News and Information about malaysia

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Renault starts knockdown assembly of Fluence in Malaysia

Renault has commenced local assembly of its Fluence compact sedan in Malaysia as it bids to expand its market share in the Southeast Asian auto market. Tan Chong Group, a distributor for Renault and Nissan in the country, will assemble the Fluence knockdown kits.

Renault said in a statement that introduction of the Fluence in Malaysia serves as the first stage in its target of increasing its growth rate in the country. Renault said the Fluence is targeted to help it win international markets, particularly in countries where three-box sedans are popular.

On the other hand, Renault and Tan Chong are also planning to more than double the number of Renault outlets in Malaysia from the current 10, to by 2016 to 25 by 2016. The two companies have been in partnership in the country since 2003.

Read the entire article Renault starts knockdown assembly of Fluence in Malaysia

Malaysia relaxes restrictions on foreign small-car companies

Malaysia has relaxed constraints on foreign carmakers building small and eco-friendly passenger vehicles. According to M. Madani Sahari, chief executive of the Malaysia Automotive Institute, the country will selectively look for foreign investments that bring advanced technology and target to offer customized incentives to attract foreign carmakers. Malaysia Automotive Institute is a unit of the country’s trade ministry. Under Malaysia’s previous policy, the manufacturing licenses only allowed for the production of vehicles bearing engines 1.8 liters or bigger.  Madani said that the relaxation of restrictions means “a big deal” since previously they didn't issue any licenses for the production of small cars. The Malaysian government is looking to attract carmakers that have still to set up major production sites in Southeast Asia for passenger cars, like Volkswagen Group, Renault, Hyundai Motor Co., Fiat Group and some Chinese carmakers, according to Madani.

The new policy, however, increases the susceptibility of local carmaker Proton Holdings to foreign competition. Malaysia’s move to attract global carmakers comes at a time when Southeast neighbor Thailand is struggling with protests that seek to dethrone Prime Minister Yingluck Shinawatra's government. Kyoichi Tanada, president of Toyota Motor Corp.'s Thai unit, remarked that the political unrest in the country may hurt new investments as investors start to consider investing in other nations like Indonesia and Vietnam.

"For those who are here, we won't flee," Tanada said. "But we are not sure whether we will raise our investment." According to International Trade and Industry Minister Mustapa Mohamed, Malaysia is holding discussions with three carmakers. He said that they may award up to four permits by 2018, adding that the move will help promote a "competitive and sustainable domestic automotive industry, including the national automotive companies."

Read the entire article Malaysia relaxes restrictions on foreign small-car companies

Nissan unveils the Almera Nismo Performance Package Concept in Malaysia

The Nissan Almera Nismo Performance Package Concept has just been unveiled at the Super GT International Series Malaysia 2013. Inspired by Performance Package Concept, the new Almera Nismo Performance Package Concept comes with striking exterior features such as front and rear bumper spoilers, side skirts, a rear spoiler as well as a new set of 17-inch alloy wheels.

Also, a new sport suspension was added as well as a Nismo exhaust muffler in order to deliver a proper sound. According to the official press release, the new sport package is set to be launched in Malaysia in the fourth quarter of this year.

“The Nissan Almera Nismo Performance Package Concept is being unveiled for the first time in the world, together with Edaran Tan Chong Motor, our long-term partner here in Malaysia. We are glad to have our Nismo brand in Nissan’s mainstream models as it offers something special in terms of advanced motorsports technology, dynamic performance capabilities, and distinctively sporty design that is embodied in Nismo, Nissan’s motorsports, performance and personalization brand.” said Mr. Shoichi Miyatani, President of NISMO.

Read the entire article Nissan unveils the Almera Nismo Performance Package Concept in Malaysia

VW considers Proton Holdings partnership, studies expansion in Malaysia

Volkswagen mulls over the expansion of production in Malaysia. It has sent senior executives, including management board members, to study the operations of Proton Holdings for a possible partnership, a person familiar with the matter has disclosed. The largest automaker in Europe is studying the potential of manufacturing automobiles at Proton plants after its partner DRB-Hicom concurred last month to purchase 43 percent of the Malaysian company, said the insider want anonymity due to the confidentiality of the discussions.

 The insider further disclosed that the executives are studying whether the facilities are fit to build VW models, as the company is thinking about creating a production hub in Malaysia. In this way, it can target Southeast Asian markets.

Analyst Ahmad Maghfur Usman at OSK Holdings commented that Volkswagen is expanding because it has yet to have "big presence" in Southeast Asia. He further stated that the company can start developing its market share in countries like Thailand and Indonesia.

Read the entire article VW considers Proton Holdings partnership, studies expansion in Malaysia

Starting at the end of 2011, Volkswagen AG will locally produce its Passat model at partner DRB Hicom's factory in Pekan, central Malaysia. This is part of Volkswagen’s Strategy 2018 to achieve its goal of surpassing Toyota Motor Corp. as the top global automaker in sales and profitability.

VW said that from the end of 2012, the Malaysian factory will build more VW models in a second expansion phase.

VW will also be expanding the production in major global markets such as China and is preparing to launch a new U.S. plant in the Chattanooga, Tennessee, next April.

Read the entire article VW enters deal with DRB Hicom to start production in Malaysia in 2011

Amid the threat of foreign competition, Malaysia is seeking a partner for national carmaker Proton. There are speculations that Proton could again try for a tie-up with Volkswagen AG or seek out General Motors Corp. or PSA/Peugeot-Citroen.

Malaysia also has had to reduce tariffs on auto and parts imports as part of a deal with Asian neighbors. 

Last Wednesday, the Malaysian government unveiled its National Automotive Policy, which sets a framework to deregulate the industry and end a system of import Approved Permits.

Read the entire article Vw, GM and PSA possible partners for Malaysian carmaker Proton