Tag: investment

Mercedes-Benz Malaysia Takes Lead Again In 2017

Mercedes-Benz Malaysia Takes Lead Again In 2017

2017 marked the fourth consecutive record year for Mercedes-Benz Malaysia (MBM), achieving an all-time high sales record of 12,045 vehicles sold in 2017, which translates into an overall 2.3 percent growth compared to 2016. The three-pointed star is well ahead of the pack in the premium segment, maintaining a 2.3 […]

Ford to spend US$200 million on new wind tunnel complex

Ford to spend US$200 million on new wind tunnel complex

Consumers’ appetite for vehicles with greater fuel efficiency and performance has led Ford to invest in a new aerodynamic testing complex that will house a next-generation rolling road wind tunnel and state-of-the-art climatic chamber. The new facility will come complete with testing advancements that better match the technological development of […]

RM30 million investment by Naza

RM30 million investment by Naza

A Peugeot 207 being assembled at NAM Naza Automotive Manufacturing (NAM), the manufacturing arm of the Naza Group, has invested RM30 million for a new robotic assembly line at its plant in Gurun, Kedah for the production of a new Peugeot model, designated ‘T73’. The new assembly line is the […]

RM40.12 million investment by Honda at Melaka plant

Honda Malaysia today held a symbolic groundbreaking ceremony for the new Pre-Delivery Inspection (PDI) Centre and Vehicle Quality Test Course at its Pegoh Plant in Alor Gajah, Malacca. The investment for both facilities, expected to be completed by June 2012, is RM40.12 million (including land acquisition). The new PDI Centre […]

VW’s RM266 billion investment to be No. 1

VW’s RM266 billion investment to be No. 1

It’s no secret that Volkswagen is aiming to accelerate to the global No. 1 position as automaker before the decade ends; in fact, it has already put in place plans to sell more than 10 million vehicles (as a group) by 2018 and that would take it past GM, Toyota […]