With the unveiling of a new stamping machine at Perodua’s supplier IQM Sdn Bhd’s facility, Perodua has centralised parts production for its past models.
The move is one of Perodua’s many initiatives to help expand its supplier’s business and capabilities, bringing them one step closer to becoming global automotive suppliers.
Ultimately though, the move also seeks to continue supporting owners of past models with quality, quick and affordable parts through its Body & Paint business.
The 1,600-metric tonne hydraulic press stamping machine, a RM7 million by Perodua, will produce body parts such as bonnets, side outer panels, rear quarter panels, fenders, doors and roofs for past Perodua models like the first-generation Myvi, Viva, Kelisa and even the Kancil.
The dies, specialised tools used to cut or shape materials using a press, have also been moved to IQM. This allows Perodua to free up more space in its plant, simplify operations and reduce lead time and cost – making it easier to monitor its operations under one roof.
Since 1994, Perodua has sold over 3.7 million cars in Malaysia and currently, a 1/3 of demand for Perodua parts is for past models.
With all its current models having over 90% local parts content, Perodua is naturally the biggest buyer of automotive components in the country – having spent RM4.5 billion on parts so far this year out of an earmarked RM5.4 billion for the whole of 2019.
IQM has been a Perodua’s supplier since 2002. It currently supplies metal stamping, body assembly parts and brake tube components to Perodua.
It began making Viva parts when production of the model ended in 2014, and last year it began making parts for the second-generation Myvi on a dedicated new line.