DRB-Hicom expects to recoup lost margins


DRB-Hicom headquarters in Glenmarie, Shah Alam. Analysts estimate the Audi business accounted for less than 3% of the company

SHAH ALAM: DRB-Hicom Bhd, which is ending its role as wholesaler of Audi vehicles in Malaysia, believes it can recoup some of the lost margins by selling Jeep vehicles and also from higher sales once Audi takes over the wholesale business in Malaysia.

DRB-Hicom senior group director of automotive distribution and manufacturing Datuk Radzaif Mohamed said DRB-Hicom had been informed by Audi AG that the wholesale business would be taken back by the German company but had not been informed of the transfer date.

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Business , drb-hicom , audi , jeep

   

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