WTC Automotif and GAC Motor International have officially signed a Memorandum of Understanding (MOU) to initiate feasibility studies for two new completely knocked-down (CKD) vehicle assembly projects in Malaysia

Yesterday, while most Malaysian were doing their shopping for the upcoming Id celebrations, WTC Automotif (M) Sdn Bhd (WTCA), a subsidiary of Warisan TC Holdings Bhd, and GAC Motor International Co., Ltd. (GAC Motor International) entered into a Memorandum of Understanding (MOU) to initiate feasibility studies for two new completely knocked-down (CKD) vehicle assembly projects in Malaysia. The signing is a start for local assembly for GAC vehicles, namely the study into CKD production of the right-hand drive GAC EMKOO for the Malaysian market and the left-hand drive GAC GS3 EMZOOM, destined for export to Vietnam. The event was witnessed by the Malaysian Transport Minister, The Honourable Anthony Loke.

Trucks: The Foton Auman EST Heavy Duty Prime Mover Has Been Launched in Malaysia by Angka-Tan Motor Sdn Bhd

Angka-Tan Motor Sdn Bhd (ATM), a member of the Tan Chong Group (via Warisan TC Holdings) has launched the all-new Foton Auman EST (Energy Super Truck) heavy-duty commercial prime mover series recently here in Malaysia. The Auman EST is a truck manufactured by Beijing-based Foton Daimler Automotive Co. Ltd, a joint venture company between Foton Group and Daimler Automotive.