Saturday, August 14, 2010

DRB-Hicom, VW to collaborate on assembling, manufacturing VW cars

KUALA LUMPUR: DRB-HICOM BHD [] and Volkswagen AG (Volkswagen) will collaborate on the assembly and manufacturing of Volkswagen vehicles in Malaysia at the former's plant in Pekan, Pahang.

DRB-Hicom's group managing director Datuk Seri Mohd Khamil Jamil said both parties would jointly plan the production of Volkswagen models in Malaysia and this included strengthening Volkswagen's existing sales activities and market presence in the country.

The companies had on Friday, Aug 13 signed a memorandum of understanding for the collaboration at the Volkswagen Centre in Singapore.

"This MoU is the culmination of intense discussions and both parties anticipate the production of the CKD models in Malaysia," he said at the signing ceremony. VOlkswagen was represented by its senior vice president, group manufacturing overseas, Dr Christof Spathelf and Volkswagen head of sales for China and Asean, Soh Wei Ming.'' ''

Both parties assemble the Volkswagen CKD models in Pekan, which is one of DRB-Hicom's automotive manufacturing plants.

"We hope the entry of Volkswagen, Europe's biggest vehicle manufacturer into Pekan, would help to spur its transformation into a vibrant and self-sustaining regional automotive hub, as envisioned under the East Coast Economic Region initiative,"'' said Mohd Khamil.

DRB-Hicom, he added, would look at engaging the full participation of its component manufacturing companies to support Volkswagen's localisation programme.




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