Historically, Malaysia's automotive industry began as part of a grand industrialisation plan envisioned by the administration of the day.
At the time, there was a huge influx of Malaysian graduates, returning from their tertiary studies abroad with qualifications in various engineering disciplines.
This spurred the need to place them in key technological positions so that their talents were put to good use.
More than three decades later, the industry has had its ups and downs but nevertheless...Read more
Since the National Automotive Policy 2014 (NAP 2014) was announced, the local automotive scene has been abuzz with recent developments, from increasingly competitive pricing to enhanced value players.
Last year, a record total industry volume of 666,674 units was achieved by the original equipment manufacturers (OEMs), supported by the 700-strong vendors, dealers and distribution in the country.
While business performance at the top of the value chain is important, there is also an important d...Read more
In the previous parts, this series discussed the rationale and framework of the National Automotive Policy 2014 (NAP2014), towards making Malaysia a regional hub for Energy Efficient Vehicles (EEVs) - to further spur investment, technology acquisition and market expansion within the domestic industry.
The direction towards EEV production streamlines efforts towards a unified development strategy for the entire industry. To meet the capacity requirements of an EEV hub, the infrastructure, human ...Read more
In the first part, this article explained the historical rationale and general framework of the National Automotive Policy 2014 (NAP2014). At the heart of the policy was the propulsion of a design and innovation based automotive economy, working towards global competitiveness through the gradual liberalisation of the automotive sector.
The formulation of the NAP2014 was done through an arduous consultation process with all stakeholders of the automotive ecosystem. The engagement, performed over...Read more
GOING GLOBAL: Automotive policy to spur country’s industrialisation
In 2006, the National Automotive Policy (NAP) was announced as a policy review for the three-decade-old industry that was created to spur Malaysia’s industrialisation.
The policy was necessary to keep up with shifts in the regional and global automotive industry networks. It was further reviewed in 2009 to create a more conducive investment environment in the domestic industry.
As the Malaysian automot...Read more