Automotive Industry In Malaysia

With a sales volume of about 604 thousand motor vehicles the malaysian automotive industry has already reached a certain level of saturation the sales market in malaysia with its approximately.

Automotive industry in malaysia. Today there are more than 690 automotive component manufacturers producing a wide range of components such as body panels brake parts engine parts transmission and steering parts rubber parts a nd el. 1 the malaysian automotive industry is the third largest in southeast asia and the 23rd largest in the world with an annual production output of over 500 000 vehicles the automotive industry contributes 4 or rm 40. One of malaysia s leading automotive manufacturer deftech is responsible for making armored cars and special vehicles for the malaysian army. These factors have further enhanced the attractiveness of malaysia as a base for global automotive manufacturers.

Automotive industry in malaysia last updated september 18 2020. The industry has boosted the development of engineering auxiliary and supporting industries and contributed to skills development and the upgrading of technological and engineering capabilities. Automotive industry the malaysian automotive industry is an important and strategic part of our manufacturing sector. One of the newest sectors of malaysia is the defense industry which was established recently in 1999.

The development of malaysia s automotive industry has made the country a production centre for major automotive component manufacturers. In 2014 the industry contributed about 4 of the country s gross domestic product gdp. The automotive industry in malaysia consists of 27 vehicle producers and over 640 component manufacturers. There are 27 manufacturing and assembly plants in malaysia producing.

The overall automotive industry and related sectors employ around 710 000 people and contributes almost rm30 billion to malaysia s gdp. However as claimed by 3 automotive industry in malaysia is lack of marketing capability and weak in technological due to failure in industrial upgrading and global competitiveness.