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.