Opportunities exist for Australian companies as their technology is well regarded. Several Australian automotive parts manufacturers, eg. Automotive Components Limited(pistons), Bendix Mintex(disc brake pads, etc.), PBR(brake and clutch) have successfully established themselves and are enjoying strong growth in the local auto parts industry. A CKD Toyota Camry is the major export into
Under the Proton Vendor Development Program, more than 120 companies manufacture over 900 original equipment manufacturing(OEM) parts and components, including metal-stamped and pressed parts, plastic injection moulded parts, wire harnesses, wipers, lamps, radio cassettes and air-conditioners for Proton. Currently, most of Perodua’s local components are sourced from existing Proton suppliers. A multi-sourcing facility was introduced to enable assemblers and franchise holders to import certain components and parts directly from cheaper sources, particularly manufacturers in the region, rather than through completely-knocked-down (CKD) kits from the principal company.
Multi-sourcing also supports regional product implementation, which should provide local component manufacturers with additional avenues to penetrate markets within the region. Financial support is available to small- and medium-scale manufacturers in this sector.
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