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The Mercedes-Benz GLC is a compact luxury crossover SUV introduced in 2015 for the 2016 model year that replaced the GLK-Class.According to Mercedes-Benz, it is the SUV equivalent to the C-Class.
DRB-HICOM Berhad (MYX: 1619) is one of Malaysia's leading corporations, involved in the automotive manufacturing, assembly and distribution industry through its involvement in the passenger car and four wheel drive vehicle market segment, the national truck project and the national motorcycle project.
The Malaysian automotive industry also hosts several domestic-foreign joint venture companies, which assemble a large variety of vehicles from imported complete knock down (CKD) kits. The automotive industry in Malaysia primarily serves domestic demand, and only several thousand complete built up (CBU) vehicles are exported annually. [3]
Malaysia's car industry is dominated by two local manufacturers which are heavily supported by the government through National Car Policy e.g. trade barriers. These local manufacturers are Proton and Perodua. [2] These excise duties imposed on foreign manufactured cars have made them very expensive for consumers in Malaysia.
A first Maybach version of the GLS, the GLS 600 4MATIC, was unveiled at 2019 Guangzhou International Motor Show on 21 November 2019. [6] The engine is a detuned version of the M177 V8 Biturbo found in the Mercedes-AMG GLS 63 4MATIC+, but with a 48-Volt mild hybrid system.
In May 2000, Inokom launched its second product, the Inokom Lorimas, a license-built Hyundai Porter. [3] Inokom's first non-commercial product, the Hyundai-based Inokom Atos was launched in 2002. [4] In 2004, Sime Darby acquired a 51% stake in Inokom, and by the 2010s, Hyundai assembly operations in Malaysia were centralised at the Inokom plant ...
Malaysia was Renault's production hub in Southeast Asia. The 2000s was a decade of diversification in the Tan Chong Motor portfolio. Since its founding, the Tan Chong name had become synonymous with Datsun and Nissan vehicles in Malaysia, but in mid-2003, the company adopted the Renault brand in line with the Renault–Nissan Alliance. [28]
On 24 May 2017, DRB-HICOM as the owner of Proton has reached an agreement with Geely for the Chinese carmaker to acquire a 49.9% equity stake in Proton. [4] The acquisition and partnership was urgently needed, since at the time DRB-HICOM cites several problems which were Proton's lack of technological competitiveness, which it claimed could hamper its ability to develop quality products.