Tan Chong Motor Holdings Bhd (TCM) will assemble cars for Mitsubishi, according to a report by Starbiz. An April 2013 agreement between Mitsubishi Motors Malaysia (MMM, 52% owned by Mitsubishi Japan) and TCM’s Tan Chong Motor Assemblies surfaced in a report by Hong Leong Investment Bank Research.
In June, we caught wind of a new OEM contract assembly deal for TCMA, and speculated that the other party will be Mitsubishi – this confirms it.
This deal with Tan Chong comes after Mitsubishi terminated its collaboration agreement with Proton following the latter’s change of ownership to DRB-Hicom Bhd, which then paired the national carmaker with Honda as a foreign strategic partner. The Proton-Mitsubishi plan was announced in September 2011.
The relationship has been confirmed by MMM vice-president Hoffen Teh, who said that both parties had more or less reached consent of the contractual agreement’s details. “The startup in production would not be so soon, and we will announce the details in due time,” he told Starbiz. Teh declined to reveal the models to be assembled, but said that it would be for domestic demand only. In 2011, Mitsubishi revealed this Malaysian assembly model to be the Mitsubishi ASX in a presentation titled MMC’s ASEAN Business.
Tan Chong Motor Assemblies has two plants in Malaysia, in Segambut and Serendah. The Serendah plant rolls out Nissan models such as the Almera, Livina, Sylphy and Teana, whereas the old KL plant churns out the Navara pick-up truck and non-Nissan cars like Subaru’s XV crossover.
Looking to sell your car? Sell it with Carro.
Ooo now only i know subaru xv is locally assembled.
Selat Melaka.
Good luck.
I hope they only assemble and not designing mitsu locally. They always launch uncle model of all variants
A good collaboration should consider an exchange in technology transfer & human knowledge capital. Personally, I don’t think Proton regain this thru collaboration with mitsu. No wonder Inspira is a fail product & they sell cheap nowadays to clear excess stock.
You really don’t know how cars are assembled or made, and why the partnership between Proton and Mitsu soured. It’s happening again but this time to TCM. Hope this time Japs don’t screw with us again. FYI, I am working in assembling industry.
this is my father’s project, the 1st mitsubishi ckd unit will be the ASX
What happen to Proton+Mitsu JV to produce Inspira ?? Is proton JV partner Honda ?? very confused lah….
Proton is a confuse company.If not G behind it,It’s doom to fail long time.
What will happen to the ‘smart guy”s car – inspira?
end up like tiara loh..
maybe by 2014 inspira won’t have the mivec engine anymore. just a speculation
the one using mivec engine will have higher RV, rare breed
but mitsubishi doesn’t has many new model…..will they assemble lancet GT??????
Nope..the first model to be assembled here is ASX. Firmed.
More likely Mitsubishi Attrage or Mirage
Nope..its an ASX. Firmed.
Still useless if Attrage RM70K at least RM15K more expensive than Thai made…MITI will never allow other cars cheaper than Proton Saga…
Hello Danny,
MMM(52%) is not own by MMC Japan.
the 52% portion is owned by Mitsubishi Corp.
please make this point clear. ASX is model to be CKD.
You’re right about the shareholding
Should we wait for ASX that is CKD or get the CBU while we still can?
AZ. your father project? your father in mitsubishi or tan chong? lol. wat a good leads. AZ, mind to leads more?
AZ is correct. the first model to be assembled here is ASX. Firmed.
MMM is not owned by MMC instead by MC – Mitsubishi Corporation which is the 2nd largest stakeholder in MMC.
MMM was an exclusive distributor and not a sub company under MMC.
Another failure model from proton!
If ASX to be CKD soon, then should I wait for CKD or get the CBU now? Any advice?
If price is not your concern, please go for CBU. Definitely go for CBU.
Thanks r888. Just had a test-drive with ASX 2012 unit as the test-drive 2013 unit was not around. Very nice smooth ride.