New press stamping machine will produce body panels for past Perodua models
Perodua has invested RM7 million on a press stamping machine to produce body panels for past Perodua models. Located in Tanjung Malin, the facility will bring body panel production together under one roof for better efficiency and is operated by IQM Sdn Bhd, Perodua’s body panel supplier.
The 1,600-metric tonne hydraulic press stamping machine 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, providing assurance to owners of older-generation Peroduas.
The dies required to make the past model parts have also been moved to IQM. This frees up much-needed space in Perodua’s plants, simplifies the entire operation, reduces lead time and cost, and makes it easier to monitor under one roof. Perodua also assists IQM in terms of skill transfer and training where past model parts production is concerned.
Since 1994, Perodua has sold over 3.7 million cars in Malaysia and currently, a third of the demand for Perodua parts is for past models.
With all its current models having over 90% local parts content, Perodua is 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.
The investment in the press stamping machine and panel plant is one of Perodua’s many initiatives with its suppliers to help expand their business and capabilities, bringing them one step closer to becoming global automotive suppliers.
IQM has been a Perodua 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.