Following our earlier post regarding a Hong Kong stock exchange filing by Tan Chong International Limited (TCIL), saying that Subaru will cease all local assembly (CKD) operations in Southeast Asia by 2025, we can now confirm that no new Subaru has been produced in Malaysia since June 2023. Local distributor TC Subaru’s sole CKD model in Malaysia is the Subaru XV. The model is assembled at contract manufacturer Tan Chong Motor Assemblies’ (TCMA) plant in Segambut. Checks with production data com
Hans
31.05.2024
Tan Chong International Limited (TCIL) and Subaru Corporation have announced the cessation of Complete Knock Down (CKD) operations in Southeast Asia. The company will pivot towards importing Complete Build Up (CBU) vehicles from Japan. The decision, disclosed in a filling with Hong Kong's Stock Exchange, is a response to evolving market dynamics and a forward-looking approach aimed at ensuring sustained growth in the automotive industry. The CKD operations in Thailand, Vietnam, Malaysia, and Cam
Shaun
30.05.2024
Earlier today, the 2024 Honda City Hatchback was launched in Malaysia (full report here). It is one of two models the company will introduce to our shores this year, though the other one is still an open-ended question. Honda Malaysia's locally-assembled (CKD) line-up is pretty complete, with all major new models available in the region already on sale here, leaving the hypotheses to rest on two main theories: what's been out in Japan, and Honda's electrification goal as a whole. Honda HR-V face
Sanjay
16.05.2024
Honda Malaysia is off to a rousing start this year, as the company has recorded sales of 21,500 units in Q1 2024, on track for their total sales goal of 95,000 units for the entirety of this year. This is a whopping 23% increase over Q1 2023, in which the company sold circa 16,500 cars. According to a senior official within the company, Q1 2024's numbers were led by the HR-V, City, and CR-V. To recap, the two SUVs were last year's No.1 in their respective segments' sales figures. Hironobu Yoshim
Sanjay
16.05.2024
Under Bermaz Motor, Malaysia is the only Mazda distributor / national sales centre in Southeast Asia to close the Hiroshima-based automaker’s financial year ending March 2024 (FY2024) on a positive note. Although Mazda closed its FY2024 account books with its highest ever operating profit, surging 76 percent to reach 250.5 billion Yen (~RM 7.63 billion), most of the success was attributed to the USA, Europe, and China. Southeast Asia is a headache for Mazda. Casual readers of business news would
Hans
13.05.2024
Is the time for the new Proton X70 facelift's launch quickly approaching? Perhaps but this latest spyshot of an undisguised X70 might be hinting that speculation a lot closer. Taken by a user named Prince El Rachid and posted on Pandu Laju's social media page, the new-look X70 shows off a new front grille treatment similar to the Proton X90 and Proton S70. It also gains a new redesigned front bumper as well as slimmer LED headlights which resemble that of the Geely Boyue facelift. Besides the ni
CY Foong
10.05.2024