Saturday, 8 October 2011

Perodua to enter the used car business in Malaysia

Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is all set to enter the used car market in Malaysia, which is seen to have potential in the market due to huge competition and price wars among OEMs who manufacture new cars.

Perodua Managing Director Syed Hafiz Syed Abu Bakar says Perodua has been studying the used car market over the past one year, including observing how Japan conducts it’s second hand vehicle auction concept that is so successful that it attracts.

We will start small, one each in the north, south, east and west of the country as well as Sabah and Sarawak. We will start in the big cities and have pilot outlets to consider the demand. We will expand the business when we see there is demand and the opportunity for success," the news agency quotes Aminar as saying.


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