Perodua President and CEO Dato’ Zainal Abidin Ahmad (10th left), Perodua Vice-Chairman Datuk Shigeharu Toda (6th left), Perodua Auto Corporation Sdn Bhd President Mr Masanori Takahashi (8th left) and Vice-President Datuk Ahmad Suhaimi Hashim (14th left), and IQM Sdn Bhd Managing Director En Mohd Fitri Md Aris (12th left) pose with the Perodua and IQM teams involved in the project in front of the new 1,600-metric tonne hydraulic press stamping machine that was launched earlier today at IQM’s Tanjung Malim facility.
Tanjung Malim, 29 October – All cars have a finite lifespan and there comes a time where the manufacturer has to stop production of parts to free up resources and space for newer models. Sometimes, people keep their cars longer than this either because it still works fine or they really love the car. But Perodua is showing that it is not pressuring owners of its past models to change to newer ones with its investment in a new stamping machine for its old models.
This investment is part of Perodua’s plan to centralise parts production for its past models at its supplier, IQM Sdn Bhd’s facility. It is also one of Perodua’s many initiatives to help its suppliers expand their business and capabilities, taking them one step closer to becoming global automotive suppliers.
Perodua has also transfer the parts dies of the past model parts to IQM’s facility so that it frees up space in Perodua’s plants. This also helps to simplify the entire operation, reducing lead time and cost, and improving efficiency. Perodua is also assisting IQM with skill transfer and training for the past model parts production.
IQM has been a Perodua supplier since 2002 and currently supplies metal stamping, body assembly parts and brake tube components to Perodua. It began making Viva parts when production of the model ended in 2014, and last year it began making parts for the second-generation Myvi on a dedicated new line.
Dato’ Zainal Abidin Ahmad signs a plaque to officiate the new stamping machine. On his right is Mr Masanori Takahashi; on his left are Datuk Shigeharu Toda and Datuk Ahmad Suhaimi Hashim.
“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 & Paint business, because as long as you own a Perodua vehicle – old or new – we will always be there for you.
“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 ecosystem.
“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,” said Perodua President and Chief Executive Officer Dato’ Zainal Abidin Ahmad.
With this streamlining of production and freeing up of space in Perodua’s own facilities, Perodua will be more efficient in focusing on the production of its current models as well as new ones.
Since 1994, Perodua has sold over 3.7 million cars in Malaysia and currently, one third of the demand for Perodua parts is for past models.
With all its current models having over 90% local parts content, Perodua is naturally the biggest buyer of automotive components in the country, having spent RM4.5 billion on parts so far this year out of an earmarked RM5.4 billion for 2019.
Keyword: Perodua Invests RM7 million in New Stamping Machine for Old Models