Trading In Automotive Parts Companies in Malaysia

Malaysia is a country located in Southeast Asia. The country is divided into two parts: Peninsular Malaysia and East Malaysia. Peninsular Malaysia is located on the Malay Peninsula, while East Malaysia is located on the island of Borneo.

The automotive industry is one of the most important industries in Malaysia. The country is home to several major automotive companies, including Proton, Perodua and UMW. These companies produce a wide range of vehicles, from cars and motorcycles to commercial vehicles and buses.

The Malaysian government has implemented a number of policies to support the automotive industry. These include the establishment of the Malaysian Automotive Institute (MAI) and the Malaysian Automotive Association (MAA). The government has also provided financial incentives for companies to set up assembly plants in Malaysia.

The automotive industry plays a significant role in the Malaysian economy. It contributes around 3% to the country’s GDP and employs over 400,000 people. The industry is also a major source of foreign exchange for Malaysia.

The automotive parts industry is an important part of the Malaysian automotive industry. There are over 700 companies involved in the production of automotive parts and accessories in Malaysia. These companies employ over 50,000 people.