KUALA LUMPUR: In a move toward transforming the automotive landscape in Malaysia, the Malaysian Malay Vehicle Importers and Traders Association (Pekema) has signed a Memorandum of Understanding (MoU) with the Chinese electric vehicle (EV) giant, Dongfeng Motor Industry Import & Export Co Ltd (DFMIEC). Pekema deputy president and acting president, Datuk Mohamed Nazari Noordin, said that .....
Please be informed that, effective March 24, 2024, all business operations of Fatima Corporation Sdn Bhd have been officially relocated from our former premises at Lot 3074, Promenade Jalan Datuk Sulaiman, Taman Tun Dr. Ismail, 60000 Kuala Lumpur, to our new location at: .....
Malaysian vehicle registration is projected to hit approximately 715,000 units by 2028, up from around 638,000 units in 2023. This marks an average annual growth rate of 1.8%. Since 2010, the Malaysian market has seen a yearly increase of 1.3%. In 2023, Malaysia ranked 36th globally, with Ecuador just ahead at the same unit count. Leading the ranks were Canada, China, and Austria in the second, third, and fourth positions, respectively.
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Based on the Malaysia Automotive Industry Outlook 2024-2028, let's take a look at how the trend of our automotive market will look like in 2025.
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