whatsonpenang.com

You are here: Home -> Blog -> Bermaz to take over Kia in Malaysia – three CKD models planned, including Seltos, Carnival

Bermaz to take over Kia in Malaysia – three CKD models planned, including Seltos, Carnival

April 2, 2021 By Keith Leave a Comment

An informative post on Penang.

After many months of rumours and speculations, Bermaz Auto (BAuto) is now confirmed to be taking over the Kia franchise here in Malaysia, through a new a “strategic partnership” with Kia Motor Corporation.

As part of the agreement, a new joint-venture company – Kia Malaysia Sdn Bhd – will be formed to carry out the local assembly operations for complete knock-down (CKD) Kia vehicles here in Malaysia.

Meanwhile, Dinamikjaya Motors (a Bermaz Auto subsidiary) has been appointed as the distributor for the South Korean brand on our shores, taking over the role from Naza Kia Malaysia.

Ben Yeoh

Three models have already been planned for local assembly here in Malaysia, including the Kia Seltos and Carnival, with a third model to be announced in due time.

Kia Asia Pacific President and CEO, Tae Hun (Ted) Lee said, “After months of searching for the right partner, Kia is delighted to enter into the Kia JV and Kia Distributorship with BAuto. With BAuto’s proven capability in successfully building up automotive marques in Malaysia and the Philippines as well as their automotive manufacturing experience, we believe we have placed the Kia brand in good hands under the capable leadership of its Executive Chairman, Dato’ Sri Ben Yeoh.”

Carnival

BAuto Executive Chairman, Dato’ Sri Ben Yeoh added: “We are pleased to be given this opportunity to undertake the Kia JV and Kia Distributorship with our partner, Kia under Hyundai Motor Group, which is Korea’s second-largest multinational automotive manufacturer and currently the fifth-largest automotive manufacturer in the world.

“The Kia JV and Kia Distributorship will complement our existing Group automotive businesses, and we look forward to a successful collaboration with Kia.”

Dinamikjaya Motors

The announcement comes just months after Peugeot was brought under the stewardship of Berjaya Auto Alliance SB, a new joint-venture company formed between Bermaz Auto and Berjaya Corporation. Kia will be the third brand associated with BAuto in Malaysia after Mazda and the aforementioned Peugeot.

This article was published here.

I hope you found the post above interesting. You can find similar content on our blog here:
whatsonpenang.com

Let me have your feedback in the comments section below. Let us know what subjects we should write about for you in future.

Filed Under: Blog Tagged With: Ben Yeoh, Berjaya Auto Alliance SB, Carnival, CEO, Dinamikjaya Motors, Executive Chairman, Malaysia, Naza Kia Malaysia, president, Tae Hun Ted Lee

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Login/out

Username or Email Address

Lost your password?

Please enter your username or email address. You will receive a link to create a new password via email

Login
  • Home
  • About Us
  • Submit Guest Post
  • Submit Review
  • Submit Event
  • Contact Us

Categories

  • Advertising
  • Art
  • Bars & Pubs
  • Blog
  • Careers
  • Events
  • Food On Penang
  • Langkawi
  • Magazine
  • Motors
  • Movies
  • Music
  • Penang Hotels
  • Penang Images
  • Penang News
  • Penang Video
  • Property
  • Sport & Fitness
  • Theatre
  • Travel
  • Website Design
  • What's On Now
  • What's To See On Penang

Recent

  • 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe becomes most valuable car in the world
  • [DRIVING]Penang George Town,UNESCO HERITAGE SITE, Sunday afternoon during RMCO, MALAYSIA
  • Illegear Unveils Flow External Liquid Cooling System For Laptops: Available For RM599
  • Courtyard by Marriott Penang – Courtyard Suite
  • Licensed homestays allowed in Penang

Reviews

  • Bars & Pubs
  • Books
  • Fitness
  • Guest Houses
  • Hotel
  • Kids Entertainment
  • Movies
  • Music Event
  • Music-Album
  • Night Clubs
  • Places of Interest
  • Restaurants
  • Sports Clubs
  • Theatre
  • Travel

Copyright © 2022 · What\'s On Penang · Log in

  • Home
  • About Us
  • Submit Guest Post
  • Submit Review
  • Submit Event
  • Contact Us