Perodua
From Malaysia Factbook
| With a production capacity of 240,000 units per year, Perodua is the largest compact car-maker in Southeast Asia. |
| Fast Facts | |
|---|---|
| Perodua | |
| Type | Limited company |
| Founded | 1993 |
| Headquarters | Serendah, Selangor, Malaysia. |
| Industry | Automotive |
| Products | Supermini Kei car |
| Employees | 10,000 |
| Home page | Perodua.com.my |
The PERusahaan Otomobil KeDUA Sdn Bhd (Perodua) is Malaysia's 2nd largest automobile manufacturer after Proton. Established in 1992, it launched its first car, the Perodua Kancil, in August 1994. Perodua mainly produces minicars and superminis and therefore does not actually compete directly with Proton. And unlike Proton, it does not produce any in-house designs or engineering for its main components (i.e. engine, transmission), being badge-engineered from existing Daihatsu designs. In 2004, Perodua began to assemble the Toyota Avanza in their factory in Rawang for the Malaysian market. Perodua's Myvi outsold Proton Wira, its rival's best selling car, by 80,327 units to 28,886 units in Malaysia in 2006, thereby becoming the best selling car company in the country that year, as well as the year following.
| Perodua's bestselling car, the MyVi. |
| |
2. Shareholders: Perodua started off with the following initial shareholdings in 1992:
- UMW Corporation Sdn Bhd, with 38% stake;
- Daihatsu Motor Co. Ltd. (20%);
- MBM Resources Bhd (20%);
- PNB Equity Resources Corporation Sdn Bhd (10%);
- Mitsui & Co. Ltd (7%); and
- Daihatsu (Malaysia) Sdn Bhd (5%).
Daihatsu Motor Co. increased its 20% stake to 25% in 2001 and then to 35% in 2006.
