Perodua invests RM7 million on new stamping machine

KUALA LUMPUR: Perodua has invested RM7 million on the new press stamping machine as well as its installation and transportation, at the IQM Sdn Bhd facility in Tanjung Malim. Malaysia’s auto market leader, Perodua, has taken this step to outsource the parts’ production of its past models like Viva, Kancil, Kelisa, and first-gen Myvi.

IQM started operating as Perodua’s supplier since 2002. Currently, it supplies body assembly parts, brake tube components, and metal stamping to Perodua. This investment on the 1,600-metric tonne machine at IQM will allow Perodua to utilize its plant’s free space in another way, and will also reduce time and cost by simplifying the entire operation.

Datuk Zainal Abidin Ahmad, President and CEO of Perodua, said, “Perodua’s decision to centralise past model parts production at IQM is four-pronged. One, we want to continue supporting owners of our past models with quality, quick and affordable parts through our body and paint business, because as long as you own a Perodua vehicle – old or new – we will always be there for you.”

He has also added, “Two, we are committed to empowering all 135 of our Malaysian suppliers, not just by buying from them but helping to develop them via skill and technology transfers. Three, it represents our commitment to the nation and its economy by helping to boost the competitiveness of the Malaysian automotive eco-system. Finally, it represents our commitment to ourselves. To keep improving our quality and efficiency so that Perodua can be a better and leaner company moving forward.”

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