No need to consolidate M'sian auto industry, says Aishah


PETALING JAYA: The Malaysian Automotive Association (MAA) president has poured cold water on the need to consolidate the local automotive industry as most car companies, with the exception of Proton Holdings Bhd, are operating well above capacity.

“Proton Shah Alam (is operating at) 54% (and) Proton Tanjong Malim (at) 42%,” Datuk Aishah Ahmad told a briefing on the Malaysian automotive industry’s first half sales performance yesterday.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

E-commerce bolsters consumption
ACE Market-bound Farm Price aims to raise RM24.5mil from IPO
PCG to focus on advancing growth initiatives, strengthening operational performance
The bead generation
HSS Engineers declares 1.21 sen dividend on strong FY23 financial performance
Asian FX gain as dollar droops, stocks track Wall Street higher
I-Bhd announces RM100mil investment pledge from major shareholder
Heineken sells more beer in Q1, sticks to outlook
GFM Services to transfer to Main Market on April 26
MYEG, Zetrix and MaiCapital to explore launch of virtual asset funds

Others Also Read