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Bidder for Peugeot and Kia in Malaysia, Who do you want it to be?
TSEnergyAnalyst
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Nov 4 2020, 09:54 AM, updated 3y ago
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https://www.theedgemarkets.com/article/peug...e-observers-saySo it is confirmed that Naza group is letting go Peugeot and Kia. There is speculation that Bermaz is the forerunner to take over, Sime Darby kind of say not interested but only god know what they are really thinking and will eventually do. So I have wondered whom you would have preferred them to be fallen into? If you don't care any way, that is fine too. Just trying to see how FnF fellow forumner feel about this This post has been edited by EnergyAnalyst: Nov 4 2020, 09:54 AM
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TSEnergyAnalyst
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Nov 4 2020, 01:31 PM
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https://themalaysianreserve.com/2020/10/30/...-auto-business/TMR has a related report with more details: » Click to show Spoiler - click again to hide... « ...Datuk Samson Anand George is said to be taking up equity in the new Kia distributorship with BAuto and will be a key person in managing the Kia business in Malaysia, according to people close to Kia Motors Corp.
Samson, the former group CEO of Naza’s automotive group, no longer holds any executive position at Naza after he was succeeded by Nik Hamdan.
Besides Berjaya, PSA had also approached Sime Darby Bhd and UMW Holdings Bhd for the new Peugeot distributorship, three people with the knowledge of the matter told TMR.
Peugeot agents approached UMW last year, but the latter declined the offer, one of the people said.
Sime Darby is also not going to be the new distributor of Peugeot, one of the source said, adding that “another company” will be making an announcement soon regarding the matter...
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TSEnergyAnalyst
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Nov 7 2020, 10:06 AM
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Status report:
So far 40 voted. 60% go to Bermaz. 20% votes to DRB Hicom
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TSEnergyAnalyst
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Nov 16 2020, 04:01 PM
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TSEnergyAnalyst
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Nov 16 2020, 04:14 PM
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https://themalaysianreserve.com/2020/11/16/...peugeot-brands/QUOTE Challenging task to revive Kia, Peugeot brandsMonday, November 16th, 2020 at , News | Wheels
The Korean and French marques would face the same struggle under a new owner they endure under Naza, says analyst
by RAHIMI YUNUS / pic by BLOOMBERG
ANY company that is going to be the new distributor of Kia and Peugeot after Naza Group of Cos is expected to face a huge challenge to make the two brands successful in Malaysia.
Bermaz Auto Bhd (BAuto) was widely speculated to take over the distribution franchise from Naza, but many believe the opportunities in the two makes offer are limited.
Industry experts said Kia and Peugeot — Korean and French marques respectively — would face the same struggle under a new owner that they endured under Naza, which is product positioning.
An automotive industry leader said the two brands will be competing in a market where national cars are becoming increasingly popular, hence squeezing the non-national segment’s market share. Within what’s left of this segment, the Japanese makes are strong for head-on competition.
The experienced auto analyst said the market shares of national and non-national cars used to be 50-50. However, they are now at about 70-30, with Zhejiang Geely Holding Group Co Ltd-led Proton Holdings Bhd enjoying a growing market share.
“Non-national cars are squeezed to 30% of the market share. Geely’s cars eat up non-national cars. They do not compete with Perusahaan Otomobil Kedua Sdn Bhd.
“Malaysia’s automotive market is a zero-sum game with hardly increasing total industry volume. With 30% left and a lack of strength to compete with Honda and Toyota brands, I do not think the change of distributor will make any difference,” the source told The Malaysian Reserve (TMR).
The source said Kia’s and Peugeot’s marketability would be handicapped by low volume, thus making it difficult for the brands to enter into the completely knocked-down space to get an edge, for example, in terms of pricing from excise duty incentives.
Another industry insider said the two brands may end up cannibalising BAuto’s Mazda portfolio, which offers the same range of products.
“It is just the same thing, but another choice of brand. Kia, Peugeot and Mazda are all offering SUVs that criss-cross each other. The pricing is not going to be much different. The two brands will eventually cannibalise Mazda unless Kia wants to play a volume game,” the source told TMR.
The source said Kia and Peugeot will dilute BAuto’s focus on Mazda in terms of capital expenditure and branding.
“BAuto is lucky that Mazda does not give them a lot of problems and sell on its own,” the source added.
The source said there is no guarantee Kia and Peugeot will be successful under a new distributor unless the principals come in a joint-venture deal.
TMR recently reported that Naza was weighing options to leave the automotive business.
A source said the conglomerate would only focus on completely built-up and approved permit businesses, while all completely knocked-down and manufacturing were likely to go to BAuto.
To date, BAuto has not confirmed or denied the rumours nor has it announced anything on the exchange regarding the matters.
Naza used to generate about RM30 million and RM20 million a month from Kia and Peugeot distributorships respectively, according to people with knowledge of the matter.
In a recent report, CGS-CIMB Securities Sdn Bhd analyst Mohd Shanaz Noor Azam said Kia could be a good fit for BAuto given the diverse portfolio offerings by the Korean marque, which focus more on passenger cars and multipurpose vehicle segments.
“We think BAuto could also be a good fit given its track record in turning around the Mazda distributorship in Malaysia. To recap, BAuto’s management took over Mazda distributorship in 2008, and it had successfully raised Mazda’s annual sales volume from less than 1,000 units in 2008, to over 14,000 units in 2015,” Mohd Shanaz stated in the report.
He noted that Peugeot could be in direct competition with Mazda for BAuto given the similar portfolio offerings and pricing strategy, especially in the SUV segment.
Hence, the analyst said it could complicate the situation for BAuto.
Nevertheless, he said Peugeot has a decent portfolio in the hybrid and electric vehicle segments, which is not available in the Malaysian market but could appeal to BAuto.
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TSEnergyAnalyst
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Nov 27 2020, 03:35 PM
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https://www.motor1.com/news/456437/stellant...lly-buying-fca/On the side note: Looks like PSA is the acquirer and FCA is being boughtover....So PSA is the boss.....
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TSEnergyAnalyst
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Dec 1 2020, 10:10 PM
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Well well https://www.theedgemarkets.com/article/bcor...hicles-malaysiaQUOTE BCorp unit wins exclusive distribution rights for Peugeot vehicles in Malaysia
Arjuna Chandran Shankar
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theedgemarkets.com
December 01, 2020 19:06 pm +08
KUALA LUMPUR (Dec 1): A new company that is 51% owned by Berjaya Corp Bhd (BCorp) and 20% owned by Bermaz Auto Bhd (BAuto) has been awarded the sole rights to distribution new Peugeot vehicles in Malaysia.
Berjaya Auto Alliance Sdn Bhd (BAASB) has also won the rights for after-sales services and spare parts distribution for Peugeot Citroen and DS vehicles.
BCorp CEO Datuk Seri Robin Tan said the conglomerate is pleased to be given the opportunity by French car manufacturer Groupe PSA to be part of this new collaboration.
“This new collaboration will complement our group’s existing automotive business, namely H.R. Owen Plc and Berjaya China Motor Sdn Bhd. We believe this collaboration between Berjaya Corp, Bermaz and Groupe PSA will bring positive synergistic benefits to all parties,” Tan said in a statement.
Meanwhile, BAuto executive chairman Datuk Seri Ben Yeoh said it is honoured that Groupe PSA and BCorp had recognised its capabilities and expertise in the automobile industry and is delighted to participate in the new collaboration.
“Peugeot, Citroen and DS are European marque cars well-known for their driving comfort, smooth handling, modern designs, durability and state-of-the-art technology. Hence, we are elated and looking forward to a successful collaboration with BCorp and Groupe PSA via BAASB,” Yeoh said.
Groupe PSA South East Asia senior vice president Laurence Noel said its Peugeot 3008 and Peugeot 5008 sports utility vehicles have garnered a lot of attention in Malaysia in the past few years.
“It is our plan in the near future to introduce our global successes such as the all-new Peugeot 2008 in Malaysia.
“Further to that, we aim to continuously revolutionise the customer experience together with our new partner BAASB and underscore our commitment to our customers through excellent sales and after-sales service. Groupe PSA has made Malaysia its export hub for the region,” Noel said.
Shares in BCorp finished 2.78% or half a sen higher at 18.5 sen, valuing the group at RM972.63 million. Meanwhile, BAuto was up 3.68% or five sen at RM1.41, with a market capitalisation of RM1.64 billion.
This post has been edited by EnergyAnalyst: Dec 1 2020, 10:26 PM
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TSEnergyAnalyst
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Dec 6 2020, 02:17 PM
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.https://www.carlist.my/news/would-the-bangsar-babes-love-the-honda-e-and-peugeot-e-208-81137/81137/ QUOTE Would The Bangsar Babes love the Honda E and Peugeot e-208?Insights
ADAM AUBREY | NOVEMBER 26, 2020 03:48 PM
The Honda e and Peugeot e-208 is the perfect city car, it's a shame we can't have them.
When we were geeking out at the Polestar 2 at Vision Motorsports a couple of weeks ago, the owner of the now-famous car dealership, Raja Petra mentioned that bringing in fully electric cars will be his primary mission from now on as he sees enormous potential in this area.
Part of the conversation we had about this exciting new vision of his included the type of full-electric cars that would be great for the Malaysian market. Obviously, at the moment, the best cars in terms of pricing are the Teslas and Polestars, but only because they are made in China which gives him some leeway in terms of pricing, as cars made in China have better tariff codes in Malaysia compared to cars made elsewhere he said.
A couple of cars that he is really keen on is the Peugeot e-208 as well as the Honda e, but it's just difficult to justify bringing them in as the tax bill alone will make these small electric cars even more expensive than the bigger Tesla and Polestar.
Imagine having to pay more than RM400k for those two little electric mini cars; it just wouldn't make any economic sense. This is especially so when their electric range is smaller than the Tesla and Polestar, which will only make them a city-specific run about electric vehicle.
It's a shame really because if the prices are lower, some Malaysians might actually turn to them as they are the perfect city cars. They are small and practically maintenance and gasoline free. Wins all around!
My superior reckons that if they were made available in Malaysia, it'll be the perfect car for the Mont Kiara and Bangsar babes or even The Desperate Housewives of Hartamas. They are stylish, cute, and easy to park, making it the perfect car for those who live and frequent these affluent residential suburbs.
While I don't really have an opinion of this sort, I do see where he is coming from. Raja Petra, on the other hand, is currently rallying the right people to help change the tax structure for electric cars, but he says unless the nation doesn't start to voice their needs for these cars, it's hard to change it at the top.
But then again, we are a fossil fuel producing country which only means that the people at the top will do everything it takes to protect this monumental profit-making substance which is why we think it'll be a tough fight.
What do you think? Would these cars get much love in Malaysia if the prices are reasonable?
This post has been edited by EnergyAnalyst: Dec 6 2020, 02:39 PM
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TSEnergyAnalyst
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Dec 7 2020, 10:40 AM
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TSEnergyAnalyst
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Dec 10 2020, 12:21 PM
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https://www.carlist.my/news/peugeot-208-and...an-81267/81267/This looks like a good start. A very good start » Click to show Spoiler - click again to hide... « Peugeot 208 And e-208 Take Imported Car Of The Year in JapanAUTO NEWS
ASWAN | DECEMBER 10, 2020 11:51 AM
Share
A win for the French brand in a very difficult market to penetrate, the 208 and its electric sister prove their mettle and win judges' hearts.
Japanese consumers can be difficult to please. If you find yourself exploring the cityscapes in Japan, you will see an equal mix of quirky domestic-market only models and a range of imported European products - in left hand drive, no less. There's a broad spectrum of choices, including wagons and ultra-compact hatchbacks. But which car has proved to be the most popular - both among judges of the Japan Car of the Year award and consumers?
Historically, the title of Japan Import Car of the Year has gone to either the Germans or the Swedish. Let's just go back a decade, shall we? Last year the BMW 3 Series took the honour, and in each year prior it was the Volvo XC40, Volvo XC60, Audi A4 B9, BMW 2 Series Active Tourer, Mercedes-Benz C-Class, Volkswagen Golf, the previous BMW 3 Series, the previous Mercedes-Benz C-Class, and the Volkswagen Polo.
This year sees something different with the Peugeot 208 (and e-208) taking home the prize - the first French car to win since 2008. Key words judges used to describe the compact hatchback were "elegant driving sensation" and "smooth suspension" - tenets of the French car experience. The driving experience was praised with excellent cornering ability, as was the interior with a refined finish.
But more than that was the fact that the e-208 was also available as a variant next to the regular 208. The all-electric model offered big torque at low speeds, making it the perfect city car - and a price of under 4 million JPY (RM 155,547) made it an appealing choice. It's no surprised that the Japanese loved it, as the 208 has already taken home Car Of The Year in Europe and Red Dot Design awards.
With news of Bermaz taking over Peugeot distributorship from Naza, can we perhaps see their golden touch working with the French brand as well? After all, Bermaz was responsible for the revival of the Mazda brand in Malaysia, with some incredible results - no doubt helped by a great product line-up, but you could argue that Peugeot's products are pretty amazing too.
It's likely that the 208 will eventually come to our market, but the e-208 may be a little too expensive of a proposition. It entirely depends on what kinds of incentives the government provides, but it would be a wonderful addition to our slowly expanding choices in the battery electric vehicle segment. The powertrain provides 136 hp and 260 Nm of torque, with a range of up to 349 km on a single charge.
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TSEnergyAnalyst
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Jan 8 2021, 12:02 PM
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TSEnergyAnalyst
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Jan 11 2021, 12:22 AM
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https://www.carlist.my/news/kia-seltos-fina...6k-81534/81534/The last hurrah from Naza Kia This post has been edited by EnergyAnalyst: Mar 10 2021, 01:05 AM
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TSEnergyAnalyst
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Jan 14 2021, 05:58 PM
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QUOTE(Mr Mercedes @ Jan 13 2021, 03:46 PM) Any idea when the new 508 is launching here? Zigwheel: Feb 2021 https://www.google.com/amp/s/www.zigwheels....08-2019%3famp=1But no one know for sure although P***t*n has a spotted OTR report
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TSEnergyAnalyst
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Jan 14 2021, 05:59 PM
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https://www.carlist.my/news/kia-s-2021-is-g...ff-81484/81484/» Click to show Spoiler - click again to hide... « Kia’s 2021 Is Going To Be Big, But Will They Pull it Off? INSIGHTS ARVIND | JANUARY 05, 2021 01:55 PM
Kia’s 2021 Is Going To Be Big, But Will They Pull it Off?
In his New Year address, Hyundai Motor Group’s Kia’s Chairman Euisun Chung stressed that 2021 will be year of great transformation for the group, and in turn for sister brand Kia in 2021. Along with a snazzy new logo and a new management team to lead the company into the next decade, all eyes will be on Kia.
Eisun Chung stated, “In the post-pandemic era, social values and lifestyles different from the past will prevail. And as a result, only those companies prepared for continuous transformations will survive and grow.”
Kia Imagine Concept Rear
He also expressed confidence that 2021 will be a decisive year for Hyundai Motor Group as a catalyst for long-term sustainable investments and innovations. “We have to therefore think of 2021 as an inflection point for shaping our future growth and prepare ourselves to become the first mover in a new era.”
The 2020 transformation is based on three main pillars: Electrification: Product launches will be centred on the recently released electric vehicle platform, the E-GMP (Electric-Global Modular Platform). Hyundai Motor Group will concentrate efforts to become a global electric vehicle powerhouse by launching dedicated electric vehicles built on the E-GMP, including Hyundai Motor’s IONIQ 5, Kia’s crossover electric vehicle and Genesis luxury brand’s crossover electric vehicles. The E-GMP offers a multi-charging system allowing both the 800V and 400V charging capabilities. The system is the world’s first patented technology, which operates the motor and inverter to boost 400V to 800V for stable charging compatibility. A battery-electric vehicle based on the E-GMP is capable of a maximum range of over 500 kilometres with a fully charged battery (WLTP standard). Hyundai Motor Group plans to expand its battery-electric vehicle lineup from the current eight models to 23 by 2025 and sell 1 million units annually in global markets.
Advance safety and autonomy tech: Hyundai Motor Group will apply Level 3 autonomous driving technology to mass production models in 2022 and push for commercialization projects for autonomous driving technologies such as robotaxi services in 2023. Motional Inc., the joint venture between Hyundai Motor Group and Aptiv, plans to conduct Level 4 driverless tests on public roads in Nevada, U.S. In 2023, the company will work with U.S. car-sharing provider Lyft to launch autonomous driving commercialization services in major U.S. regions.
Robotics: In the robotics area, the Group recently signed a deal to acquire the controlling stake in Boston Dynamics to actively respond to global megatrends of ageing society and digital transformation. Hyundai Motor Group’s wearable robot technology and its industrial and logistics automation technology are expected to maximize synergies with Boston Dynamics’ innovative capabilities. Robotics technology will also be applied to various mobility areas such as autonomous driving, UAM, and PBV (Purpose Built Vehicle).
The Plan S strategy: Kia Motors Corporation reported 2020 global sales of 2.61 million units, down 5.9 percent from the previous year, amid the ongoing COVID-19 pandemic and difficult circumstances in global markets.
In 2021: Based on its Plan S business strategy, Kia is targeting global sales of 2.92 million units this year. The number includes 535,000 units in Korea and 2.39 million units from overseas markets. Kia also seeks to bolster profitability with flexible operations tailored to each region.
But what about Malaysia? Well, this is the biggest question.
As a result of the pandemic – ex-brand owners Naza Group decided to let go of its Kia and Peugeot business. And while it's been well publicised that the larger Berjaya Corporation will be taking the helm of the Peugeot business locally, little if any has been said of Kia’s concern, especially in the areas of assembly, distribution, sales, and aftersales. Pretty much everything.
Would this be a year of inflection of the brand in Malaysia, or a dead foot forward for the darling automotive brand of Korea? This post has been edited by EnergyAnalyst: Mar 10 2021, 01:05 AM
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TSEnergyAnalyst
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Jan 14 2021, 06:00 PM
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QUOTE(Mr Mercedes @ Jan 13 2021, 03:46 PM) Any idea when the new 508 is launching here? Zigwheel: Feb 2021 https://www.zigwheels.my/new-cars/peugeot/508-2019But no one know for sure although P***t*n has a spotted OTR report
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TSEnergyAnalyst
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Jan 16 2021, 11:53 AM
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TSEnergyAnalyst
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Jan 20 2021, 11:49 AM
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TSEnergyAnalyst
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Jan 21 2021, 12:34 PM
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QUOTE(romuluz777 @ Jan 20 2021, 11:59 AM) Both these brands should just exit from Malaysia. These are not widely accepted by the majority of the car buying public. They will not be following GM/Chevrolet, at the very worst, they will be like Ford, being niche
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TSEnergyAnalyst
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Jan 21 2021, 12:36 PM
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Kia will lead Apple car? https://www.cnet.com/roadshow/news/apple-ca...a-hyundai-work/New logo. No motor. 7 Electric Vehicles https://www.thecarconnection.com/news/11309...ectric-vehiclesThis post has been edited by EnergyAnalyst: Jan 21 2021, 01:30 PM
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TSEnergyAnalyst
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Jan 21 2021, 04:41 PM
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Next-gen Peugeot 208, 2008 will ditch ICE, only be sold as electric vehicles https://uk.news.yahoo.com/next-gen-peugeot-...-180000943.html
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