Auto industry Malaysia is a booming industry which encompasses areas of activities from car manufacturing to dealing auto business with foreign countries. Auto industry Malaysia is one of principal producers and exporters of vehicle parts, components and accessories, which are widely accepted to most of leading countries of world. Foreign countries like Japan, UK, Thailand, Taiwan, Singapore, Indonesia, are major importers of Malaysia's cars. Leading automotive manufacturing companies like Mercedes, Suzuki, Ford, General Motors, Mazda, Nissan and Mitsubishi are using Malaysian automotive products and accessories because of their high quality and competitive prices.
Survey report regarding auto industry Malaysia Market survey conducted by Business times, reveals that during 2007, sales of Malaysian vehicle reached 4,648 units with an overall growth of 13.8% and is expected to increase in coming years. During period of slowdown, government of Malaysia surmounted other competing economies by controlling inflation and eventually kept costs down. In year 2000, Malaysia auto industry exported US$274.2 million worth of automotive parts.
Government policies regarding auto industry Malaysia Government of Malaysia ceaselessly trying to restructure their automotive industry market by encouraging to produce a large number of cars to meet growing demand of consumers. Government of Malaysia is also providing a 50% refund on excise tax for domestic automakers. Overall vehicle taxation structure is also going to be be changed. Tariff on vehicles, which are imported from other ASEAN(Association of South East Asian Nations) areas will also be lowered to 15% from 20%. Excise taxes will also be brought down.
Leading automakers of auto industry Malaysia Some of leading automakers in Malaysian auto industry are Perodua, Perusahaan Otomobil Nasional Bhd., Malaysia's first national car project was Perusahaan Otomobil Nasional or PROTON. Malaysian car manufactures are trying to meet demands of customers by providing reliable and competitive auto components and accessories.
Tata Motors (or 'the company') is an automotive vehicle manufacturing company based in India. The company is engaged in the development, design, manufacture and assembly, sale, and financing of vehicles, as well as sale of auto parts and ...
Isuzu Motors (Isuzu or 'the company') is a Japanese company engaged in the manufacturing and sale of commercial vehicles and diesel engines. The company sells its products in more than 120 countries including Japan, other Asian ...
Chinese e-commerce giant Alibaba has a track record of breaking records. It not only operates the world’s largest online business-to-business platform, but also the world’s largest online consumer marketplace. In 2004, it had the largest initial public offering (IPO) since Google on the Hong Kong Stock Exchange. In 2014, Alibaba had the biggest IPO in US history with its debut on the New York Stock Exchange on 19 September.
Professor at Columbia University. Recipient of the Nobel Memorial Prize in Economic Sciences in 2001 & the John Bates Clark Medal in 1979. Author of "Freefall: America, Free Markets", "The Sinking of the World Economy", "Globalisation and its Discontents" & "Making Globalisation Work".
Eric J. Gleacher Distinguished Service Professor of Finance at the Booth School of Business at the University of Chicago. IMF’s Chief Economist from September 2003 to January 2007. Inaugural recipient of the Fischer Black Prize.
CEO and co-CIO of PIMCO. Served as President and CEO of the Harvard Management Company for 2 years, while also working at the IMF for 15 years. In 2008, his book "When Markets Collide", won the Financial Times award for Business Book of The Year in addition to being named as the one of the best business books of all time by The Independent.
Vice President and Director of the Global Economy and Development Program at the Brookings Institution. Former Turkish Minister of State for Economic Affairs. Head of the United Nations Development Program (UNDP) from 2005-2009.
Andrea Edwards has worked in marketing and communications all over the globe for 20 years, and is now focused on her passion – writing. A gifted communicator, strategist, writer and avid blogger, Andrea is Managing Director of SAJE, a digital communications agency, and The Writers Shop – a regional collaboration between the best business writers in Asia Pacific