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AD: Own a Volvo the more affordable way thanks to pre-owned units at attractive prices at Federal Auto!

AD: Own a Volvo the more affordable way thanks to pre-owned units at attractive prices at Federal Auto!
For illustration purposes only. Contact Federal Auto to view available vehicles
There are plenty of benefits to owning a Volvo, from the clean and sophisticated Scandinavian design to the best and latest in safety technologies. But Sweden’s most famous export is also so popular that there’s now a significant waiting list for one, so here’s a way to cut the queue and get a significant saving while you’re at it. That’s the promise of a pre-owned Volvo from Federal Auto, now available at attractive prices. ....

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MBM Resources, a major Perodua shareholder, doubles its Q4 2020 profit to nearly RM100m

MBM Resources, a major Perodua shareholder, doubles its Q4 2020 profit to nearly RM100m
26 February 2021 11:33 am / 5 comments
MBM Resources Berhad, (MBMR) has announced its financial results for the fourth quarter of 2020, and it sees the group’s revenue rise by RM70.6 million (+14.3% against Q4 2019) to close at RM563.4 million. The company also doubled its profit before tax (+104%) with an increase of RM49.2 million to RM96.5 million.
Now who is this MBMR? If you follow the business pages, the counter is a direct proxy of Perodua, meaning that since Malaysia’s auto market leader isn’t a listed company, this is the best KLSE stock to buy if you want to bet on P2. With a 20% stake in P2 and a hand in big vendors such as Oriental Metal Industries (alloy wheels) and the HHB group (Autoliv Hirotako makes safety belts, airbags), MBMR’s fortunes are linked to local consumer demand for cars. ....

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Volvo, Federal Auto open new dealer on Federal H'way

29 August 2016 11:28 am / 24 comments
Recently, you may have noticed that Federal Auto’s iconic Volvo showroom along the Federal Highway has been vacated (it’s now been converted into a service area). Its replacement, just a stone’s throw away in the premises of Menara MBMR – the new headquarters of Federal Auto’s parent company MBM Resources – was officially launched last week.
The new RM10 million, 16,685 square feet showroom is the first in Malaysia to implement the new Volvo Retail Experience (VRE) – a new corporate identity designed to help the brand on its way to becoming a true luxury marque. Federal Auto claims the outlet offers Volvo’s latest products and services, and also promises an improved aftersales service experience, giving more importance to service customers than ever before. ....

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AD: Keep your Volvo in top form with the Year End Campaign for service and repairs at Federal Auto Cars

AD: Keep your Volvo in top form with the Year End Campaign for service and repairs at Federal Auto Cars
15 December 2020 12:43 pm / Comments are Disabled
This year has been challenging and different, to say the least, and although many will find that their vehicles have been dormant for extended periods of time, regular upkeep remains key to good operation. To that end, and as part of its 60th anniversary of operations in Malaysia, Federal Auto Cars is offering discounts and deals on scheduled maintenance.
Here, you’ll stand to enjoy discounts of up to 15% for scheduled maintenance servicing and related parts and labour, as well as discounts of up to 25% on selected parts (for these, standard labour rates apply) at Federal Auto Cars Volvo Glenmarie and Federal Auto Cars Volvo Penang until the end of 2020. ....

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