Hyundai Motor Malaysia set for network expansion – letters of intent signed with 4 dealers for 6 outlets

Hyundai Motor Malaysia (HMY) has signed letters of intent (LOIs) with four dealer partners – BHS Auto Hyundai, Palm Auto, Anggerik Motor (Senai) and Heng Lian Enterprise – marking a key milestone in the brand’s long-term expansion strategy in Malaysia.

In this new phase of growth for HMY, the LOIs cover six outlets located in ‘key high-potential cities’ including Ipoh, Petaling Jaya, Senai and Kuching. The locations were identified based on market demand, customer reach and growth potential, HMY says.

“These partnerships are a strategic plan designed for sustainable growth while ensuring the Hyundai brand is more accessible, reliable and more responsive to our customers needs. By strengthening our dealership network through the right partners in the right locations, we are establishing a strong platform to serve customers more effectively nationwide,” said Jahabarnisa Haja Mohideen, MD of HMY.

This development comes right after HMY signed a LOI with Edaran Otomobil Nasional (EON), which will open two new dealerships – one in the Klang Valley and another in Penang – by the first half of 2026.

HMY – which is Hyundai Motor Company’s effort to take control of its namesake brand in Malaysia – currently has the fifth-generation Santa Fe SUV, facelifted fourth-generation Tucson SUV and the CKD Staria MPV in its range.

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