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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]
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 ...
HICOM Automobile Manufacturers (1983–present) manufactures and distributes for the following companies in Malaysia: Mercedes-Benz; Volkswagen; Isuzu (Isuzu HICOM Malaysia) Inokom (1992–present) manufactures and distributes for the following companies in Malaysia: BMW; Hyundai; Mazda; Kia; Chery; Sime Darby Motors. Porsche (Sime Darby Auto ...
The Naza Group of Companies began with the establishment of Naza Motor Trading Sdn Bhd in 1975 as an importer of used and reconditioned cars in Malaysia by the late Tan Sri SM Nasimuddin SM Amin. At just 21, he used his savings, earned from helping his father's construction business, to import used Japanese vehicles.
Carsome Group (Carsome) is a Malaysia online used car trading platform that operates in Malaysia, Indonesia, Thailand, and Singapore.It was founded in 2015 with the aim of digitize the traditional used car buying and selling process by leveraging technology and providing a convenient and transparent experience for both buyers and sellers. [1]
DRB-HICOM Berhad (MYX: 1619) is one of Malaysia's leading corporations, involved in the automotive manufacturing, assembly and distribution industry through its involvement in the passenger car and four wheel drive vehicle market segment, the national truck project and the national motorcycle project.
The first cars here are the Mk5 Polo, B7 Passat and the A6 Jetta A6. Now they produce 12,000 per year. Total annually will be up to 80 cars per day units assembled in Malaysia. The design of VW's strategy also looks at making the cheapest car in the world that could be here in the Malaysian plant to be possibly produced.
The company was founded by the late Tan Sri Loh Boon Siew in the 1960s, beginning as the Malaysian distributor for Honda Super Cub motorcycles and later cars. [2]The groups has a combined total asset exceeding RM3 billion, shareholders fund exceeding RM2.2 billion and Cash/Cash Equivalent exceeding RM1 billion as of 31 December 2001 (source: annual audited accounts).
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