<ul><li>Hyundai Motor Company is taking over its namesake brand in Malaysia with the principal coming in, establishing Hyundai Motor Malaysia (HMY) as an official distributor.</li><li>HMY's social media pages have gone live on platforms like Facebook, Instagram, Youtube, LinkedIn, and TikTok, signaling the start of a new era for the brand in Malaysia.</li><li>HMC announced a RM2.16 billion investment in Malaysia, including plans for an EV battery assembly factory in Kulim and assembly of CKD models from mid-2025 onwards.</li><li>Hyundai Sime Motors, the previous local guardians of the brand, are expected to transition into a 'super dealer' role as the new entity takes over.</li></ul>

Hyundai Motor Malaysia activates new social media pages – principal takes over as official distributor

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