In case you don’t already know, Hyundai Motor Firm (HMC) is taking on its namesake model in Malaysia, and with the principal coming in, Hyundai Motor Malaysia (HMY, as they wish to be recognized) could be the equal of Honda Malaysia, Mercedes-Benz Malaysia and different OEMs straight managed by the headquarters.
Immediately, HMY’s social media pages went dwell, and you’ll seek for ‘Hyundai Motor Malaysia’ on Fb, Instagram, Youtube, LinkedIn and TikTok.
“Annyeonghaseyo, Malaysia! A brand new period begins — We’re right here and able to drive ahead into the long run with you. Comply with us for all issues Hyundai,” HMY mentioned in its first submit, which says ‘Whats up’ in lots of languages. Now that they’ve gone dwell, we’re anticipating an official introduction announcement from the brand new entity quickly.
Late final yr, HMC introduced a RM2.16 billion funding into Malaysia, which entails a strategic partnership between the Korean carmaker and Inokom to improve the latter’s capability to fulfill HMC’s necessities. It was reported that the funding will likely be over a interval of six years from 2025 to 2030, and it’ll embody an EV battery meeting manufacturing facility in Kulim in addition to six CKD locally-assembled fashions.
Then, Korea’s Yonhap reported that the upgraded CKD plant will assemble MPVs together with the Staria from mid-2025. There are additionally plans to increase the vary to incorporate mid- and large-size SUVs. HMC’s Malaysian plant will assemble autos for native consumption and different ASEAN markets, with manufacturing beginning at 20,000 items a yr.
“We made this funding resolution contemplating the rising significance of Southeast Asia and the Malaysian market. We goal to contribute to the financial and social improvement of the area by job creation and native expertise improvement,” HMC mentioned then, reported by Yonhap.
What turns into of Hyundai Sime Motors, longtime native guardians of the model, you ask? They’d most likely be a ‘tremendous supplier’ akin to Auto Bavaria for BMW and Cycle & Carriage for Mercedes-Benz.
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