The Naza Group has signed a memorandum of understanding (MoU) with General Motors to be the official distributor of Chevrolet cars and parts in Malaysia. The MoU was signed by Naza Group joint executive chairman SM Faisal SM Nasimuddin and General Motors Southeast Asia Operations and Chevrolet Sales Thailand President Steve Carlisle.
“This is part of the group’s on-going efforts to continuously look out for viable business opportunities with foreign partners to complement and consolidate our automobile sales portfolio,” the conglomerate said.
This expected announcement confirms longstanding rumours linking the two parties which started even before GM and DRB-HICOM officially parted ways. We will deliver updates as it becomes available.
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AI-generated Summary ✨
Comments generally express enthusiasm and cautious optimism about Naza becoming the new distributor for Chevrolet, recognizing it as a positive move for more competitive pricing and model availability in Malaysia. Many appreciate Naza's willingness to invest and bring in new Chevrolet models like the Cruze, Captiva, and possibly others, which could benefit consumers with better choices and prices. However, there are concerns about Naza's reputation for after-sales service and the potential for market monopolization due to their wide control over multiple brands. Some comments are skeptical about Naza's handling of other brands and worried about the future of Kia and other competitors. Overall, the sentiment is a mixture of support and hope for improved service, with a note of caution regarding market dominance and brand management.