KUALA LUMPUR: Stellantis, the world's fourth-largest automaker and leading mobility solutions provider, plans to set up a regional parts hub in Malaysia.
The new hub is a crucial component of Stellantis' broader strategy to deepen its localisation efforts and bolster its long-term presence in the India & Asia Pacific region, including Malaysia.
"India and Asia Pacific region is the third growth engine for Stellantis, and the regional parts hub is anticipated to become a key asset in our regional supply chain strategy," Stellantis Asean chief operating officer Daniel Gonzalez said.
He said the investment underpins Stellantis' long-term commitment in strengthening our footprint and growth not just in the region, but more importantly in contributing towards solidifying Malaysia's position as a regional automotive hub.
"We are here to stay and are dedicated to enhancing customer experience, service delivery and operational efficiency with this new hub that will serve both Malaysia and the wider region," he added.
Set to be operational by the first quarter of 2025, the new regional parts hub is designed to meet and cater to the growing demands of around 20 countries in the region, including key markets such as Malaysia.
The hub is also part of Stellantis' strategy to enhance its aftersales service by reducing downtime and ensuring efficient access and availability of automotive parts and components to dealers and customers.
It will house automotive parts and components of all Stellantis brands including Peugeot, Citroën, Alfa Romeo, Jeep, RAM, Leapmotor and more.
"The opening of our regional parts warehouse in Malaysia marks a significant milestone in our dedication to customer-centricity as we continue to better serve our customers across the India and Asia Pacific region.
Strategically located in a Free Trade Zone in Malaysia, this regional warehouse will allow us to improve parts availability, reduce lead time and enhance the overall service efficiency.
It will also enable us to respond quickly to the growing needs of our customers while ensuring they receive the highest level of aftersales support," Stellantis India & Asia Pacific head of parts & services, Olivier Torchet said.
Since 2021, Stellantis has been building the foundation of the "Built in Asean for Asean" roadmap in Malaysia.
It began with the 100 per cent ownership acquisition of the Stellantis Gurun plant in Kedah, which will be maximised as a regional manufacturing hub for both domestic and export markets in Asean.
In March this year, Stellantis Malaysia was established as the official entity directing and managing marketing, sales, distribution, and after-sales of all Stellantis brands in Malaysia.