Sign up | Log in



Home  >>   Daily News  >>   Malaysia  News  >>   Automotive  >>   VW to make Malaysia its regional hub
NEWS UPDATES Asean Affairs        30  March 2011

VW to make Malaysia its regional hub

Related Stories

December 4,2010
Malaysian auto industry must compete abroad

September 6,2010
Chevrolet models made in Malaysia

August 24,2010
Malaysia's Proton profits jump

August 16,2010
VW to assemble autos in Malaysia

Volkswagen AG plans to make its plant in Pekan its regional hub and 800 new jobs are expected to be created within the next 2 years.

International Trade and Industry Minister Datuk Seri Mustapa Mohamed, who met representatives from VW AG here on Monday, said the German car company expected to produce more than 30,000 (VW) vehicles at the plant by 2018.

“Pekan will become the regional automotive hub for VW,” he told Malaysian reporters during a visit to VW's assembly plant here.

Mustapa said DRB-HICOM's plant in Pekan was currently employing 2,300 people and was underutilized.

DRB-HICOM had signed a collaboration and licence agreement with VW worth RM1bil last year following a memorandum of understanding by both parties in August to study the feasibility of locally producing VW passenger cars in Malaysia.

Mustapa said plans were still on-track to manufacture the VW Passat and Jetta models by year-end. “Discussions are on-going to manufacture another model as well,” he said, adding that DRB-HICOM will begin exporting VW cars starting from 2013. “We expect to achieve up to 40 percent local content (for the VW cars) by 2014,” he said.

Mustapa added that Asean was one of the fastest growing markets in the world.

“VW sold 7,500 cars in Asean last year. Currently, they don't have a strong foothold in Asean,” he said, adding that DRB-HICOM's collaboration with VW was a step in the right direction. Mustapa, is currently leading a trade and investment mission in Europe until this Friday to promote trade and investment opportunities in Malaysia.

The delegation paid a visit to the VW's Wolfsburg manufacturing plant to promote bilateral ties. “We need to create a feel-good factor about their investments in Malaysia,” he said.

The Wolfsburg factory is the largest auto plant in the world. It sits on 1,500 acres of land and produces 3,500 vehicles a day. The company employs more than 60,000 people.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    30  March 2011 Subsribe Now !
• Indo economic forecasts too bullish Subcribe: Asean Affairs Global Magazine
• Indonesian police to Verify Umar Patek's Arrest Asean Affairs Premium
• VW to make Malaysia its regional hub
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

 • Globe may benefit from Digitel buyout
• Thai auto companies see production drop

• Thai government advised to drop food price caps

 First zero-carbon store in Asean

• Vietnam raises fuel prices


Asean Analysis    30   March 2011

Advertise Your Brand

• China and Asean

Sponsor Our Events

Asean Stock Watch    30  March 2011


• Asean agricultural companies to rally


Global News Impacting Asia    17 November 2010


• Bank of America sees Asian inflation


• Lloyd’s increases insurance push in Malaysia


• Wells Fargo analyst on euro


• Obama’s visit to Asia


ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand