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Volvo Car Manufacturing Malaysia (VCMM) operates an assembly plant in Shah Alam with an annual capacity of 10,000 units. VCMM assembles Volvo passenger cars for both domestic and export markets. Volvo Car Manufacturing Malaysia is a wholly owned subsidiary of Sweden-based Volvo Car Corporation. The 50-year-old VCMM plant is the oldest ...
Volvo's history in Malaysia dates back to the early 1960s. Four businessmen from Penang had travelled to Volvo's establishment in Sweden to propose plans to market Volvo cars in Malaysia. [4] [5] Volvo granted the group the distributorship rights, and the Federal Auto Company Sdn. Bhd. was founded in March 1960. [6]
The following is a List of Volvo passenger cars indexed by year of introduction. Model history. Production Model Class Image 1920s. 1927–1929: ÖV4/PV4:
Volvo Car Manufacturing Malaysia (1966–present) Honda Malaysia (2003–present) Stellantis Gurun (Malaysia) (2018–present) Former manufacturers.
On 28 March 2010, Ford sold Volvo Cars at a loss to Geely Holding for $1.8 billion; the deal closed in August 2010. [4] [5] Volvo Cars was publicly listed on the Nasdaq Stockholm stock exchange in 2021, though Geely Holding still retains majority ownership. Volvo Cars and AB Volvo share the Volvo logo, and cooperate in running the Volvo Museum.
Volvo Car Manufacturing Malaysia (VCMM) PNV: 5: Shah Alam, Malaysia: 1967–present: First Volvo Car plant in Asia: Manufacturing [6] XC40, S60, XC60, S90, XC90, C40: Southeast Asia, Taiwan: First automobile plant in Malaysia [7] Debut model: Volvo 144 [8] Previously named Swedish Motor Assemblies (SMA) (1966–2012) [8] Kalmar Plant Volvo ...
Volvo Cars—the motor vehicle manufacturer of Sweden. Owned by the Swedish Volvo Group (1927−1999), American Ford Motor Company (1999−2010), and Chinese Zhejiang Geely Holding Group (2010−present).
Malaysia's car industry is dominated by two local manufacturers which are heavily supported by the government through National Car Policy e.g. trade barriers. These local manufacturers are Proton and Perodua. [2] These excise duties imposed on foreign manufactured cars have made them very expensive for consumers in Malaysia.
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