BMW doing well in Malaysia, may assemble more locally
Things have been going well for BMW in Malaysia for the past year, with the launch of its first Malaysian-assembled model in 27 years and sales of a record 4,509 vehicles. The company is now considering local production for a wider range of models.
Malaysia now has fifteen BMW dealerships across the country, including four new ones in Kuala Lumpur, Kuantan, Butterworth and Johor Baru. Traditional models like the smaller BMW 3 series and full sized BMW 7 series had record sales, while the company broadened its range of offerings with the BMW 5 series, the BMW X1, BMW X5, along with the S1000RR Superbike and the new MINI Cooper range.
The BMW X1 is assembled in Kulim, Kedah. BMW is confident Malaysia’s auto industry is recovering from the recent slump, as the sector recorded a Total Industry Volume (TIV) of 598,200 units, beating 2005′s record of 552,316 units.
- Biotech entrepreneurship flourishing in Malaysia
- ‘Wave’ of FDI flows into Malaysia in 2011
- The Economist: good policies creating a strong Penang
- Senai Hi-Tech Park will help transform Malaysia, says PM Najib
- Could Indonesia overtake Thailand as an auto manufacturer?
- AirAsia in share swap with Malaysia Airlines?
- Japanese M&A activity and FDI grows in Malaysia
- RIM may set up Blackberry procurement center in Penang
- Corporatize sports funding, says Malaysian govt.
- Tune Hotels to take budget hotel model to Australia