Perodua Expands Investment for 2025, Focuses on Plant Upgrades and R&D
Rawang, 7 Feb – Perodua is set to ramp up its expansion efforts in 2025 with a significant increase in capital expenditure (CAPEX) to RM1.6 billion, more than double the RM797.5 million allocated in 2024. The investment will primarily be directed towards plant improvements, increasing stamping capacity, new model development, and tooling.
“These investments will consolidate manufacturing capacity, enhance service quality and productivity, and strengthen our R&D and new model development capabilities,” said Perodua President and CEO, Dato’ Sri Zainal Abidin Ahmad.
Record Production in 2024, Strategic Slowdown in 2025
Perodua achieved a record-breaking production of 368,100 vehicles in 2024, surpassing the combined plant capacity of 320,000 units. This was accomplished through efficient downtime management, strict adherence to maintenance schedules, and strong coordination with vendors and dealers.
Looking ahead to 2025, Perodua is prioritizing long-term self-reliance in production, which will lead to a slight reduction in output. The company expects production to decline by 4.9% to 350,000 units, while vehicle registrations are projected to fall by 3.7% to 345,000 units.
“Despite the planned slowdown, demand remains robust with an outstanding booking of 68,000 units, of which 28,000 have letters of undertaking issued without stock availability,” Dato’ Sri Zainal noted.
Strengthening After-Sales and Local Vendor Support
Perodua’s after-sales business is set to grow, with service intake volume expected to rise by 7.6% to 3.7 million vehicles in 2025, up from 3.4 million in 2024. The company also plans to reinforce Malaysia’s automotive ecosystem by purchasing RM10.8 billion worth of local components from domestic vendors.
Additionally, Perodua is collaborating with the government to enhance vendor and dealer capabilities, ensuring competitiveness in the industry. This includes exploring Industry 4.0 technologies, providing training, and implementing sustainable growth initiatives.
Preparing for the Future
“The year 2025 will be a pivotal period for us as we gear up for future changes,” Dato’ Sri Zainal stated. “We are confident that once these enhancements are in place, Perodua will further solidify its position in Malaysia and the broader region.”
With these strategic investments and partnerships, Perodua is set to maintain its leadership in the compact car market while driving innovation and sustainability in the automotive sector.