World

Malaysian automobile industry sees new milestone

The Malaysia Autoshow 2024 has concluded with original equipment manufacturer (OEM) reporting a total of 1.4 billion RM (about 294.4 million USD) potential sales, 2,620 bookings of vehicles, and 13,799 sales leads - marking a significant milestone for the automotive industry.

At the Malaysia Autoshow 2024 (Photo: Paultan.org)
At the Malaysia Autoshow 2024 (Photo: Paultan.org)

Kuala Lumpur (VNA) - The Malaysia Autoshow 2024 has concluded with original equipment manufacturer (OEM) reporting a total of 1.4 billion RM (about 294.4 million USD) potential sales, 2,620 bookings of vehicles, and 13,799 sales leads - marking a significant milestone for the automotive industry.

Taking place from May 21-26, the event featured over 200 brands and exhibitors and saw 47 product launches. This year's autoshow attracted 223,876 visitors, reflecting a 17% year-on-year increase, and recorded a total of 6,263 test drives and rides.

Malaysia Automotive, Robotics and IoT Institute (MARii) CEO Azrul Reza Aziz expressed his gratitude to all sponsors, partners, exhibitors, and visitors for their support, which contributed to the autoshow being recognised by the Malaysian Book of Records as the largest international autoshow.

Azrul hinted at the return of the Malaysia Autoshow in 2025, potentially with new settings and evolved themes as Malaysia takes on the ASEAN Chairmanship next year.

The event showcased a diverse range of attractions, including concept vehicles, electric and efficient ICE vehicles, autonomous driving demonstrations, modified cars, classic automobiles, campervans, and military vehicles. It also facilitated the exchange and signing of 15 memorandum of understanding (MoUs) and memorandum of agreement (MoAs) among industry players.

A notable highlight was the display of xEV models, which made up 50% of the vehicles showcased, aligning with the National Automotive Policy (NAP2020) and the New Industrial Master Plan (NIMP2030), both of which emphasise greener and more efficient technologies.

Minister of Investment, Trade, and Industry, Tengku Datuk Seri Zafrul Tengku Abdul Aziz, said the impressive turnout and engagement at Malaysia Autoshow 2024 clearly indicate the robust interest and confidence in Malaysia's automotive industry.

As Southeast Asia's recently anointed second-largest auto market, Malaysia has a strong foundation to propel the growth of this sector, particularly in electric vehicles, thanks to well-established E&E sector, he noted./.

VNA
#Vietnam News Agency #VietnamPlus #Malaysia Autoshow 2024 #vehicles #bookings Malaysia
Follow VietnamPlus

Post-pandemic recovery

Related News

Malaysian Transport Minister Anthony Loke (Photo: nst.com.my)

Malaysia, China strengthen cooperation in AI

Malaysian Transport Minister Anthony Loke on May 31 said that his country wants to strengthen cooperation with China in artificial intelligence (AI) with focus placed on education and training.

A filling station in Malaysia. (Photo: paultan.org)

Malaysia implements targeted diesel subsidy plan

The implementation of a targeted diesel subsidy for consumers in Malaysia is expected to help the country save 4 billion RM (nearly 850 million USD) annually, contributing to strengthening the government's fiscal position, improving resource allocation, and reducing fossil fuel consumption and carbon footprint.

See more

Energy Asia 2025 opens with call for just and collaborative energy transition (Photo: indiplomacy.com)

Energy Asia 2025 kicks off in Malaysia

Malaysian Prime Minister Anwar Ibrahim noted that the Asia-Pacific region accounted for half of global energy consumption and 60% of greenhouse gas emissions in 2024. Despite this, regional countries, including eight of ten ASEAN member states, remain committed to climate goals, including net-zero emissions and tripling global renewable capacity by 2030.

Halal products gain traction among consumers (Photo: VNA)

Malaysia plans to support Vietnam in developing Halal food centre

VAMAF President Datuk Shaharuddin Omar shared the plan at the association’s 103rd anniversary ceremony, noting support from the Vietnam Veterans Association. The initiative is expected to open new markets for Malaysian Halal products and improve livelihoods for its members.

Indonesian President Prabowo Subianto (second from right) met Singaporean Prime Minister Lawrence Wong (right) for the Leaders' Retreat at the Parliament House, Singapore on June 16. (Photo: ANTARA)

Singapore, Indonesia boost cooperation in strategic areas

Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia said the Singaporean government has long expressed its desire to establish a clean energy supply from Indonesia as well as Carbon capture and storage (CCS) services.

Cambodia - Thailand border gate area. (Photo: Khmer Times)

Cambodia prepares for return of workers from Thailand

Leaders of the Ministry of Interior and authorities from seven provinces bordering Thailand, namely Banteay Meanchey, Oddar Meanchey, Preah Vihear, Battambang, Pailin, Pursat, and Koh Kong, were ordered to coordinate closely to support to all returning citizens, regardless of whether they possess identification documents.

Delegates at the 43rd Senior Officials Meeting on Energy (SOME) and its associated meetings. (Photo: Bernama)

Malaysia reaffirms commitment to regional energy cooperation

He expressed confidence that the discussions would deliver tangible progress aligned with Malaysia’s Priority Economic Deliverables and ASEAN’s 2025 priorities, particularly on key initiatives such as the ASEAN’s Power Grid Memorandum of Understanding and the Terms of Reference for the Subsea Power Cable Development Framework.

Illustrative image (Photo: Antara)

Indonesia transfers inmates to curb drug trade

Around 1,000 inmates in Indonesia have so far been transferred to the maximum-security prison island of Nusakambangan since Minister of Immigration and Correctional Services Agus Andrianto assumed office.

Singapore's Deputy Prime Minister and and Minister for Trade and Industry Gan Kim Yong (right) and Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto at the 15th Singapore-Indonesia Six Bilateral Economic Working Groups Ministerial Meeting. (Photo: MTI)

Singapore, Indonesia strengthen economic ties

The two ministers discussed deepening collaboration on businesses and investment opportunities in both countries, including in industrial infrastructure, healthcare and the green economy.

A small business owner processes coffee beans in Palangka Raya, Central Kalimantan, on November 6, President Prabowo Subianto's government has made MSMEs one of the pillars in the economic sector. (Photo: Antara)

Indonesia boosts support for small businesses

Indonesia's regulation obligates public facilities, such as MRT and train stations, bus terminals, ports, toll roads, rest areas, and airports to allocate 30% of their commercial space to MSMEs.

ASEAN becomes leading RoK's export market

ASEAN becomes leading RoK's export market

Outbound shipments to the ASEAN region came to 47.88 billion USD in the January-May period, up 4.3% from the same period last year, according to data compiled by the Korea International Trade Association (KITA).

A corner of Bangkok. (Photo: bangkokscoop.com)

Bangkok among top 10 cities for global conferences

Thailand hosted 158 international meetings last year, up from 143 in 2023, deputy government spokeswoman Sasikarn Wattanachan said, citing the International Congress and Convention Association's 2024 GlobeWatch Business Analytics – Country & City Rankings, unveiled at IMEX Frankfurt 2025.

Indonesian Coordinating Minister for Infrastructure and Regional Development, Agus Harimurti Yudhoyono, at the opening of the International Conference on Infrastructure (ICI) 2025 in Jakarta, June 11, 2025. (Photo: Antara)

Indonesia targets universal access to clean water by 2045

Coordinating Minister for Infrastructure and Regional Development Agus Harimurti Yudhoyono called on all stakeholders to work together in building a sustainable clean water system, stressing that universal access can only be achieved through broad-based cooperation and shared commitment across society.

Indonesian Foreign Minister Sugiono (third, left) and his New Zealand counterpart Winston Peters (third, right) co-chair the 12th meeting of the Indonesia-New Zealand Joint Ministerial Commission (JMC) in Jakarta, on June 13. (Photo: ANTARA)

Indonesia, New Zealand promote cooperation on strategic areas

The cooperation between Indonesia and New Zealand covers several fields, including economy, trade, investment, and education. In the economic sector, the ministers agreed to encourage more balanced and sustainable trade to achieve the bilateral trade target of 6 billion NZD (3.62 billion USD) by 2029.