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In 2002, Proton helped Malaysia become the 11th country in the world with the capability to fully design, engineer and manufacture cars from the ground up. [2] 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.
This is a list of companies listed on the Malaysia Exchange (MYX) under the Main Market, ordered alphabetically. The names of the companies appear exactly as they do on the stock exchange listing. The names of the companies appear exactly as they do on the stock exchange listing.
The companies roots extend back to 1983 and originally consisted of the assembly in the Integrated Complex settled factory covering an area of 541,070 m 2.Since the opening of the plant, 13,000 vehicles per year produced in-house and more than 47,000 complete knock down kits are assembled for the local and surrounding markets.
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.
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.
Volvo Car Manufacturing Malaysia operates a vehicle assembly plant in Shah Alam which produces Volvo passenger cars for domestic and export markets. The 50-year-old (as of 2016) VCMM plant is the oldest automobile assembly plant in Malaysia, and is widely credited as one of the pioneers of the Malaysian automotive industry.
Proton was established on 7 May 1983, as Malaysia's sole national budget car company until the advent of Perodua in 1993. The company is headquartered in Shah Alam, Selangor, and operates additional facilities in Proton City, Perak. Proton began manufacturing rebadged versions of Mitsubishi Motors (MMC) products in the 1980s and 1990s. Proton ...
The economy of Malaysia (GDP PPP) in 2014 was $746.821 billion, the third largest in ASEAN behind Indonesia and Thailand and the 28th largest in the world. [6] [needs update] For further information on the types of business entities in this country and their abbreviations, see "Business entities in Malaysia".