KUALA LUMPUR (June 23): Tiong Nam Logistics Holdings Bhd has signed a logistic services agreement with Chery Malaysia which will see Tiong Nam handling Chery's spare parts warehousing and transportation in Malaysia, including heavy-duty vehicle models such as TIGGO 8 PRO and OMODA5.

In a statement on Thursday (June 22), Chery said the agreement is a significant milestone in the establishment of cooperation between the parties.

"Malaysia is viewed as a highly promising market in the Southeast Asian region.

"With its entry into Malaysia, Chery will establish connections with neighbouring countries and continue to strengthen its market influence in Southeast Asia,” said Chery country director Leo Chen during the signing ceremony on June 22.

Chen said in recent years, Malaysia has emerged as an important market for Chery's global expansion.

As one of the largest economies in Asean, Malaysia's stable economic development and significant potential in the automotive market make it a strategic market for Chery's right-hand drive (RHD) vehicles.

"The cooperation agreement signifies the dawn of a new collaboration is just the beginning," said Chen.

Chery said the two parties are “actively building a strong team and working in accordance with Chery's 4P+2P working mechanism”.

“Ultimately, the goal is to achieve a win-win cooperation while providing excellent service to Malaysian customers,” it added.

Tiong Nam is a leading logistics and warehousing provider with over 90 spare parts warehouses covering the entire Malaysia.

Notably Chery, a pioneering Chinese automotive brand that focuses on international markets, exported 452,000 vehicles, marking a 68% year-on-year growth in 2022.

Chery's TIGGO series of products have repeatedly won innovation awards and have become highly popular SUVs in various regions.

Today, the TIGGO lineup has evolved into a complete matrix, ranging from small and compact models to mid-sized and large models, catering to different audience groups, including urban luxury and high-end business segments. Furthermore, OMODA5 was honoured with the "Best Technology SUV Award" for 2022.