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Edaran Otomobil Nasional Berhad (Malay for National Automobile Distributions Limited, d.b.a. EON) is one of Malaysia's largest conglomerates which was established in 1984 to distribute Proton cars - Malaysia's first national car. The principal shareholders of the company are DRB-HICOM, Khazanah Nasional Berhad.
A dealer auto auction is a specialized form of auction. Millions of vehicles are sold at such dealer auto auctions every year. These auctions are restricted to the general public and only licensed dealers can participate. Prices of vehicles sold at dealer auctions tend to be lower than those advertised on any dealer's lot.
Web development for AW started in 1998 by K.S. Wei and Richard Tan, owners of Lelong.com.my, a Malaysian auction website in the vein of eBay. [4] The website was eventually launched on 9 Nov 1999 by Malaysia’s Minister of Energy, Water and Communications at the time, Amar Leo Moggie.
This is a list of the most expensive cars sold in public auto auctions through the traditional bidding process.. On May 5, 2022, in a secret auction at the brand's museum in Germany, Mercedes-Benz sold one of just two 1955 300 SLR Uhlenhaut coupes from its extensive collection of historical automobiles—which dates back to the earliest days of the car in the late 19th century.
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.
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