Local Automotive Players Urged To Take Advantage Of Greater Demand " Matrade

KUCHING: Malaysia External Trade Development Corporation (Matrade) says that recent comments made by Japanese car makers to increase imports of automotive parts in order to cut costs represents a major opportunity for Malaysian automotive parts and components manufacturers.Recently, Nissan Motor's chief operations officer Toshiyuki Shiga said that the company was targeting to increase in the ratio of imported auto parts from the current 20 per cent to about 40 per cent for export vehicles which accounted for 60 per cent of its domestic production.However, in Asia, local procurement currently accounted for 70 per cent in some models and Nissan planned t

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