After a record year in production and sales in 2024, Perodua will continue preparing for the future with a massive RM1.6 billion in capital expenditure this year. The biggest chunk of the investment is for plant improvements, increasing stamping capacity, new model development and tooling.
More than double 2024 investment
“The RM1.6 billion amount more than doubles the RM797.5 million capital expenditure in 2024 as we reinvest in our capabilities. “These investments will consolidate manufacturing capacity, including at our vendors, level up service quality and productivity and solidify R&D product planning and new model development capabilities,” Perodua President and CEO, Dato’ Sri Zainal Abidin Ahmad, said during a media event last night.
He said that, in 2024, Perodua went beyond its manufacturing capabilities with 368,100 vehicles produced, which is more than the 320,000-unit capacity for both its plants.
“The record production output was achieved by minimising downtime, keeping to the maintenance schedule, dynamic planning and coordination between our vendors and dealers and being agile in overcoming challenges,” Dato’ Sri Zainal explained.
Looking ahead, he said the year 2025 will be Perodua’s springboard for its future with emphasis on self-reliance in terms of production capabilities, especially in developing future products. However, the Malaysian automaker has forecast a lower volume of production and sales for this year.
“For 2025, we foresee our production numbers declining 4.9% to 350,000 units from 368,100 units made in 2024. This reduction would see registration numbers slowing by 3.7% to 345,000 units from 358,102 units last year,” he explained.
68,000 orders outstanding
“Despite our planned slowdown in production and sales, demand for our vehicles remains healthy with current outstanding booking at 68,000 units, of which 28,000 bookings have letters of undertaking issued without stock,” Dato’ Sri Zainal said. He added that Perodua will continue to prioritise delivery without compromising on the brand’s quality and safety standards.
Perodua will continue to support the country’s automotive ecosystem with an estimated local component purchase of RM10.8 billion from Malaysian vendors. “In addition to auto component purchase, we are working closely with the government to further enhance our vendors’ and dealers’ capabilities so that they can remain competitive in this industry. This include further exploring Industry 4.0’s potential in maximising efficiencies within their operations, conduct training and provide other assistance for sustainable growth,” he said.
Growing the aftersales business
On the aftersales business, Dato’ Sri Zainal said this important revenue channel for the company is expected to further grow its intake volume at its service centres nationwide this year to 3.7 million vehicles, up 7.6% from the 3.4 million intakes recorded in 2024.
“The year 2025 will be an exciting time for us as we prepare ourselves and our partners for the changes that are coming. We believe when these changes are completed, we would be able to further strengthen our current position in this country and this region,” he concluded.
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