Minister: VW to make Malaysia its export hub


Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR: Volkswagen Group Malaysia (VGM) plans to make the country an export hub for the Volkswagen (VW) brand, says Investment, Trade and Industry (Miti) Minister Tengku Datuk Seri Zafrul Abdul Aziz.

He said following a discussion between Miti and VGM officials, the carmaker revealed its intention to manufacture electric vehicles (EVs) and conventional models in the country.

“In the past, VW models were solely imported but now certain models are being assembled in Malaysia.

“Notably, the Touareg model is being assembled here for the first time outside of Europe,” he said on his social media platform X yesterday.

He expressed confidence that this collaboration would enhance Malaysia’s position in the regional automotive sector. — Agencies

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit rises to 3.97 as US-Iran ceasefire lifts market
AI,�eCommerce�tailwinds to buoy logistics sector
Perak Transit names Jeffrey Cheong deputy
EPB eyes transfer from ACE to Main Market
Bus Cap secures Bursa Malaysia nod for ACE Market listing
MM Computer moves forward with IPO
Malaysia prepares�carbon pricing rollout
SC appoints Manoj Kurup as executive director for enforcement
Ageing population shifts�the re-rating narrative
Infoline unit to buy RM19mil factories

Others Also Read