GST, HVGT, could resurface as part of Budget 2025 alongside RON95 rationalisation, says RHB analyst. Are we ready?
Home News Auto News Volvo To Further Grow Malaysia CKD Operations; Exports To Five New Markets From End 2017 Volvo To Further Grow Malaysia CKD Operations; Exports To Five New Markets From End 2017 Auto News Kon | February 17, 2017 09:19 am Volvo Cars is making Malaysia its assembly and export hub for the ASEAN region, with markets such as Indonesia, Myanmar, the Philippines, Vietnam, and even Taiwan set to receive Malaysia-built Volvo vehicles by the end of this year.The Volvo Car Manufacturing Malaysia (VCMM) plant in Shah Alam is the oldest automotive assembly plant in the country having been in operation since 1968. Besides catering for the domestic market, the plant also produces Volvo vehicles for exports to Thailand.The plant is fully up-to-date with Volvo’s latest production standards having been assembling the second-generation XC90 since last year – the only Volvo plant outside Sweden to currently do so.According to a recent report by Bernama, Volvo had just spent RM20 million to grow the plant’s production capacity from the current 1,500 units per year to 5,000 by 2020."We will start exporting in mid-year (upon completion of the plant), starting with the XC90 luxury SUV, followed by a new car at end of the year," said VCMM Managing Director Fredrik Karlsson.The ‘new car’ Karlsson mention is likely to be the all-new S90 sedan and/or V90 wagon, which is built off the same modular SPA platform as the XC90. We spotted a unit of the V90 around the vicinity of VCMM’s premises just yesterday.The plant’s restructuring is expected to shift Volvo’s ratio for domestic to export consumption from 60:40 at present to 25:75 at full swing - highest for any automotive plant in Malaysia. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags volvo Print Related News At the turn of an era for Volvo, with Keith at Malaysia's helm Live Life Drive Hans | August 26, 2015 Volvo Car is currently at the cusp of new beginning. Having finally broke free from Ford's stifling bureaucracy, who seriously limited Volvo's ... Volvo Puts the Car Key into Your Phone Auto News Kon | February 19, 2016 Volvo plans to sell you a car without giving you a set of keys in the not too distant future and this is not a joke.Beginning 2017, Volvo will be ... Mr. Minister, Sorry But You Are Greatly Misinformed About Volvo Insights Hans | August 22, 2017 Earlier today, a report by The Star quoted Datuk Seri Ong Ka Chuan, Second Minister of International Trade and Industry as saying that ... Volvo Bukit Bintang Opens – Swede Luxury In The Golden Triangle Auto News Arvind | November 23, 2017 Volvo Car Malaysia through its authorized dealer Sisma Auto has officially opened the first Volvo city centre showroom in Menara Worldwide on Jalan ... Comments
Volvo To Further Grow Malaysia CKD Operations; Exports To Five New Markets From End 2017 Auto News Kon | February 17, 2017 09:19 am Volvo Cars is making Malaysia its assembly and export hub for the ASEAN region, with markets such as Indonesia, Myanmar, the Philippines, Vietnam, and even Taiwan set to receive Malaysia-built Volvo vehicles by the end of this year.The Volvo Car Manufacturing Malaysia (VCMM) plant in Shah Alam is the oldest automotive assembly plant in the country having been in operation since 1968. Besides catering for the domestic market, the plant also produces Volvo vehicles for exports to Thailand.The plant is fully up-to-date with Volvo’s latest production standards having been assembling the second-generation XC90 since last year – the only Volvo plant outside Sweden to currently do so.According to a recent report by Bernama, Volvo had just spent RM20 million to grow the plant’s production capacity from the current 1,500 units per year to 5,000 by 2020."We will start exporting in mid-year (upon completion of the plant), starting with the XC90 luxury SUV, followed by a new car at end of the year," said VCMM Managing Director Fredrik Karlsson.The ‘new car’ Karlsson mention is likely to be the all-new S90 sedan and/or V90 wagon, which is built off the same modular SPA platform as the XC90. We spotted a unit of the V90 around the vicinity of VCMM’s premises just yesterday.The plant’s restructuring is expected to shift Volvo’s ratio for domestic to export consumption from 60:40 at present to 25:75 at full swing - highest for any automotive plant in Malaysia. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags volvo
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
At the turn of an era for Volvo, with Keith at Malaysia's helm Live Life Drive Hans | August 26, 2015 Volvo Car is currently at the cusp of new beginning. Having finally broke free from Ford's stifling bureaucracy, who seriously limited Volvo's ...
Volvo Puts the Car Key into Your Phone Auto News Kon | February 19, 2016 Volvo plans to sell you a car without giving you a set of keys in the not too distant future and this is not a joke.Beginning 2017, Volvo will be ...
Mr. Minister, Sorry But You Are Greatly Misinformed About Volvo Insights Hans | August 22, 2017 Earlier today, a report by The Star quoted Datuk Seri Ong Ka Chuan, Second Minister of International Trade and Industry as saying that ...
Volvo Bukit Bintang Opens – Swede Luxury In The Golden Triangle Auto News Arvind | November 23, 2017 Volvo Car Malaysia through its authorized dealer Sisma Auto has officially opened the first Volvo city centre showroom in Menara Worldwide on Jalan ...