TANJUNG MALIM, Oct 29 — Perusahaan Otomobil Kedua Sdn Bhd (Perodua) has invested RM7 million in the new press stamping machine at its supplier IQM Sdn Bhd facility that will centralise parts production for Perodua past models as well as help IQM expand its business and capabilities further. Its president and chief executive officer Datuk Zainal and Abidin Ahmad said the 1,600-tonne hydraulic press stamping machine would produce body parts such as car bonnet, rear quarter panel, fender, door and roof for past Perodua models like the first-generation Myvi, Viva, Kelisa and Kancil. “Perodua’s decision to centralise past model parts production at IQM is four-pronged. One, we want to continue supporting owners of our past models with quality, quick and affordable parts through our body and paint business. “Two, we are committed to empowering all 135 of our Malaysian suppliers, not just by buying from them but also helping to develop them via skill and technology transfers,” he told reporters after the launch of the machine here today. He said the new machine also represents Perodua’s commitment to the country and economy, by boosting the competitiveness of the local automotive ecosys...