The NAZA Group, controlled by tycoon Tan Sri SM Nasimuddin SM Amin has set up a company called N-2 Sdn Bhd. N-2 is believed to focus on assembling and distributing Chinese-made mini cars, competing with Perodua in the K-car market, like the Kancil and Kelisa.
A Chinese auto company will be involved in a joint-venture to set up an assembly plant in northern Malaysia. Little is known of which Chinese auto company this is, but from past rumours it might be the Hafei Lobo. Just a little speculation on my part though.
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AI-generated Summary ✨
Comments reveal mixed reactions to Naza's plan to sell Chinese mini cars. Many are skeptical about the quality, safety, and long-term reliability, citing concerns over low safety standards, poor build quality, and association with cheap, low-quality Chinese products. Some believe it could negatively impact Malaysia’s automotive industry and local manufacturers like Proton and Perodua, fearing market cannibalization and potential failure of these vehicles. There are also mentions of Naza’s past practices of rebadging and reselling, raising doubts about their innovation and contribution to national industry. Conversely, a few supporters see this as increased competition, offering consumers more choices and driving down prices. Overall, the sentiment leans towards caution, with many criticizing the quality and safety implications of bringing Chinese mini cars into Malaysia.