Tag Archives: export

NEWS

Chery Malaysia begins export of Jaecoo SUVs to SEA market

Chery Corporate Malaysia Sdn Bhd has announced that it will begin exporting vehicles to the Southeast Asian market this year, thereby becoming the first Chinese brand to export out of Malaysia.

According to the company, the move is in line with Chery’s vision to make Malaysia its production hub for the region.

The first phase of the export involves Jaecoo internal combustion engine (ICE) and plug-in hybrid (PHEV) SUVs to Vietnam, which will be followed by more models to other SEA markets such as Thailand, Brunei, the Philippines, and Singapore.

Leo Chen, Vice President of Chery Corporate Malaysia, said the company is progressing well towards establishing Malaysia as its production and research and development (R&D) hub in Southeast Asia.

“Expanding our exporting capabilities enhances our production capacity to meet the region’s growing demand. Furthermore, Chery is excited to play a role in boosting Malaysia’s economy, develop local talent and strengthen our supply chain,” he said.

The production for SEA export markets is supported by Chery Corporate Malaysia’s production facility in Shah Alam, Selangor. In preparation to scale-up production for future growth, Chery has also established strategic partnerships with its other local assembly plants in Malaysia.

For the year 2024, the Chery Group achieved record-breaking annual sales of over 2.6 million vehicles, a 38.4% year-on-year increase, with exports reaching 1.1 million units, up 21.4% from 2023.

NEWS

Proton shipped 261 units of X Series models to Trinidad & Tobago in 2024, exceeding target volume

PROTON says it has expanded its geographical reach in the Caribbean by partnering with ANSA Motors Limited in Trinidad and Tobago since March this year.

Year-to-date, the national carmaker has shipped 261 units to the country in 2024, achieving 101% of its target volume and bringing the total number of Proton vehicles shipped there to 366 units since CY2023.

To recap, Proton launched the X90 and X50 in the dual-island Caribbean nation on 13 March this year. As local demand grew, ANSA Motors decided to up its ante with an increased target to sell 300 units in 2024.

ANSA Motors has a century’s worth of experience in the automotive industry, and was picked by Proton on the back of an impressive record and strong automotive background.

Despite its population of merely 1.5 million, Trinidad and Tobago’s automotive industry mirrors that of more developed countries, with car buyers increasingly gravitating towards the new “bells and whistles” such as hybrids and electric vehicles (EVs).

As there is more wealth creation in that part of the world, luxury vehicles are growing more desirable and the emergence of new and exciting brands such as Proton is finding unprecedented acceptance.

The ANSA McAL Group of Companies is one of Trinidad and Tobago’s largest conglomerates, with over 25 subsidiaries across the Caribbean.

Founded in 1919, its subsidiary ANSA Motors has been a pioneering force in the automotive industry, introducing leading global automotive brands to the country.

Notably, the century-old dealer was the first Ford dealer in the Caribbean and has played a pivotal role in transforming the automobile industry over decades, making it a subject of study in local schools today.

“The technology and pricing of Proton vehicles are a strength we hope to exploit so we are very enthusiastic about the future. We needed a value for money brand for segments we had no presence in, and the Proton brand certainly filled those spots,” said Jerome Borde, Head of Regional Business, ANSA Motors.

Since launch, Proton has exported 6,501 X series vehicles to 18 other countries, including Trinidad and Tobago, Brunei, Egypt, Nepal, and Ghana, paving the way for future expansion into more export markets.

NEWS

Proton set to return to export markets including the UK

PROTON is now actively developing its export market and is said to be returning to the United Kingdom (UK), according to CEO Li Chunrong.

According to the UK media report, Autocar, this development also includes new right-hand drive (RHD) markets across Asia and South Africa, in addition to returning to Australia and New Zealand.

Photo by: Autocar

This is aimed at increasing Proton’s global sales following the opening of a new headquarters and production center currently under construction in Tanjung Malim, Perak.

Known as the Automotive Hi-Tech Valley (AHTV), this billion Ringgit investment facility is the result of Geely and DRB-Hicom Berhad.

The increase in production capacity will be a decisive factor in Proton’s long-term plan to expand their global sales.

“With the existing investment, Proton will have the capacity to return to markets that have been left, while penetrating new markets,” Autocar sources reported.

Photo by: Autocar

No timeline has been disclosed for Proton’s return to the UK, but it is reported to be expected “by the end of this decade.” Proton previously sold vehicles in the UK from 1989 to 2014.

In 2023, Geely announced plans to invest in the development of AHTV.

At present, Proton is selling Geely-based models such as the X50, X70, and S70, as well as self-developed models like the Saga, Persona, and Iriz.

Proton also recently launched their first electric vehicle (EV), the eMAS 7.

Which model do you think will be the choice for export to new markets in the future?

NEWS

Perodua to ramp up exports by 79% for 2024, Brunei the first foreign market expansion this year

PERODUA will ramp up its exports by 79% to 1,960 units this year from 1,094 units in 2023 as the compact car company aims to broaden its overseas markets.

On 3 May 2024, the compact car company introduced the Alza AV and H, as well as the Axia AV and G to Brunei with sales target of 120 units and 40 units respectively.

Perodua also exports the Bezza 1.0L G to Brunei, where it aims to sell 300 units, bringing the expected total sales units sold in Brunei to 460 units in 2024.

For 2023, Perodua sold 300 Bezza 1.0L G to Brunei, making it Perodua’s highest export market of 2023.

“We foresee 2024 to be our first year of our export expansion as we are now at a point where the Malaysian automotive ecosystem would be able to cope with the ever-growing demand of our vehicles both within and outside the country,” Perodua President and Chief Executive Offer, Dato’ Sri Zainal Abidin Ahmad said.

He expects the growth in Perodua’s exports to continue as the company will be aggressively expanding its operations and its vendors’ production capabilities.

“Brunei is the first export market we are expanding to without compromising domestic allocation of our vehicles. In fact, we have significantly reduced the waiting period for most of our popular models and even have ready stock for selected models.”

“In addition, our targeted increase in exports will also give greater opportunities for our vendors to grow their sales volume in tandem with the need for spare parts,” Dato’ Sri Zainal said.

On the newly launched Alza AV, H and Axia AV and G, the price offered are B$30,900 for the AV, B$27,900 for the H, while the Axia AV is priced at B$21,900 while the Axia G is priced at B$17,900. The Bezza 1.0L G is priced at B$16,900.

Prices listed above include road tax and insurance.

NEWS

Ducati aspires to make Thailand as export hub

Ducati Motor Holding, a leading Italian motorcycle manufacturer, aims to establish Thailand as a key export hub following the opening of a production plant in Rayong. This marks Ducati’s first assembly plant in Asia.

With an investment of 400 million Baht (RM51.6 million), the facility is capable of producing 10,000 motorcycles annually in its initial phase.

“Thailand is a crucial market for big or premium motorcycles, and we aspire to make Thailand our export base,” stated Claudio Domenicali, CEO of Ducati Motor Holding.

“We manufacture all Ducati models at the Rayong plant, ensuring that our products meet the high standards set by the company in Italy,” he added.

The company aims to export its production to the Asia-Pacific region. Its current primary markets outside of Asia include Italy, Germany, the UK, and the United States.

In Thailand, the high-performance motorcycle market is expected to grow, driven by the lifestyles of riders.

The Federation of Thai Industries (FTI) forecasts an overall sales of high-performance motorcycles to reach approximately 15,000 units in Thailand this year.