Perusahaan Otomobil Kedua Sendirian Berhad[1] (lit. 'Second Automobile Company Private Limited'), usually abbreviated to Perodua, is Malaysia's largest car manufacturer, followed by Proton Holdings.
Background and history
Perodua was established in 1993 and launched its first 5-door hatchback, the Perodua Kancil, in August 1994.[2] Initially, the company mainly produced minicars and superminis and did not have models in the same market segments as Proton. Its targeted market segments later began to overlap with Proton's—especially in the super-compact segment, where the Perodua Myvi has competed with the likes of the Proton Savvy and the Proton Iriz.
Perodua does not design or engineer its main components, such as engines and transmissions, in-house; its cars have historically used Daihatsu component designs. Daihatsu held a 20% stake in Perodua at the company's launch, increasing it to 25% in 2001 and then to 35%.