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NEWS UPDATES 8 December 2009

Malaysia’s leading car maker has no hybrid plan

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Malaysia’s top-selling car brand Perusahaan Otomobil Kedua Sdn Bhd (Perodua) has no immediate plan to manufacture hybrid vehicles as it wants to focus on producing “affordable, mass-market” cars, the StarBiz reported, quoting managing director Datuk Syed Abdull Hafiz Syed Abu Bakar.

“Hybrid and electric cars are here to stay but we have no immediate plans (to manufacture the cars) because Perodua’s objective is to make cars affordable for the masses,” he said at a Perodua Alza prize-giving ceremony yesterday.

It was reported last week that national carmaker Proton Holdings Bhd plans to embark on mass production of hybrid cars by 2011 to overcome rising costs and address environmental concerns.

“People talk about hybrid and electric cars when the economy is down. But when it improves, everyone forgets about them,” Hafiz said, adding that hybrid cars were “expensive to buy, maintain and insure.”

“As a compact car company, Perodua’s objective is to manufacture affordable cars for the masses. To cater to this market, our cars need to be within a certain price range,” he said.

Currently, Honda Malaysia Sdn Bhd and UMW Toyota Motor Sdn Bhd are the only two official franchise holders offering their own hybrid models in Malaysia – the Honda Civic Hybrid and Toyota Prius respectively.


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