Malaysian :: Business and Management Studies

MalaysianPROTONS bonnet badge shows a tiger, but a search might be more(prenominal)appropriate because the state-backed Malaysian car-maker is going from universe the largest resident in the subtile pond of its protected local trade to being a min straight off in the deep waters of the global carindustry.the state-backed Malaysian car-maker is going from being the largestresident in the small pond of its protected local market to being aminnow in the deep waters of the global car industryMalaysia becomes a richer, more discerning car market with lower tradebarrierssou-east asias economy is growing again, and that has triggeredrecord vehicle sales.in southwesteast Asia Malaysia is second hootest market after chinais clearly the biggest sales opportunity for car manufacturers anywhere in Asia.Just 1 in 35 Indonesians owns a car, compared with 1 in 14 Thais and 1in 7 Malaysians.Right now car purchasers can get loans on a new baby-sit with as littleas 5% cash up front. That compar es with the 20% down payments commonjust a few years ago. dissimilar in China and India, big global auto makers arent rushing to embodiment manufacturing capacity in high-risk Indonesia.Proton and Perodua are Malaysias two main domestic manufacturers,claiming over 70 percent of a market where demand is estimated ataround 500,000 cars this year. Two other companies also assemble carslocally.While the regime continues to encourage small and medium-scaleplayers, there may also be a need to consider steps to consolidateamong the many vendors (suppliers) in the self-propelling industry in orderto gain scale, financial strength and managerial talent to expandinternationally, Najib Razak told the conference.Political system1. governanceWhile the government continues to encourage small and medium-scaleplayers, there may also be a need to consider steps to consolidateamong the many vendors (suppliers) in the self-propelling industry in orderto gain scale, financial strength and manageria l talent to expandinternationally, Najib Razak told the conference.That suppliers power2. Malaysia drops duties, adds taxImport duties on cars from outback(a) Southeast Asia will be lowered to35 percent for knocked-down models, and to 80 percent to 200 percenton fully built models, the government said.Malaysia said it would wait until 2008 to further reduce motor vehicle second duties, to the required range of zero percent to 5 pOn this basis, the government does not expect major price changes inthe cars produced or assembled in Malaysia during 2005. ercent.Market1. Malaysias market is too small to sustain more than one or two domestic car makers, given increase competition from imports.2. MalaysiaMarket SummaryMalaysia is a member of the Association of South East Asian Nations