Companies / Malaysia
European Carmakers Challenge Japanese FTA Advantage
June 2010 | Industry Trend AnalysisAs the dominance of Malaysia's two domestic carmakers has eroded in recent years, Japanese firms have come to the fore among the international brands to win a share of the market from Proton and Perodua. Japan has a free trade agreement (FTA) with Malaysia, which clearly provides an advantage when import tariffs can be as high as 300%, but according to local Peugeot dealer Nasim (of the Naza Group of Companies), there are other obstacles to negotiate for European brands, even if they take another route to
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