DRB-HICOM Ends Distributorship Of Chevrolet

Seow Yaohan | December 30, 2009

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DRB-HICOM Ends Distributorship Of Chevrolet

After more than two years of collaboration, General Motors, via its wholly-owned subsidiary General Motors Asia Pacific Holding Co LLC (GMAP), and DRB-HICOM Bhd have decided to part ways, ending the joint venture in Malaysia from January 1, 2010.

With GM holding 51 percent and DRB-HICOM having the remaining 49 percent, HICOM-Chevrolet Sdn Bhd was set up in August 2007 to import and distribute Chevrolet vehicles, parts and accessories in Malaysia on an exclusive basis.

According to various sources, GM wanted out because their demands for CKD operation were rejected by DRB-HICOM, who found Chevrolet models to be selling in too low a volume to justify local assembly.

As rumours go, Naza is now the forerunner to partner GM, which would add to its impressive portfolio of brand franchises which include Kia, Peugeot, Ferrari, Maserati and Brabus.

AboutSeow Yaohan
Seow Yao Han strives to bring you the latest and the most comprehensive information on cars available in Malaysia. But it's never easy for him to talk and write cars in this part of the world because what you lust after is often not what you drive home. When the euphoria of test-driving that branded, super-expensive sports car dies down, he just goes home in his less-than-glamorous ride.

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