Monday, March 3, 2008

Mazda gets new distributor in Malaysia

Cycle & Carriage Bintang Bhd (CCB) has given up yet another automotive franchise – with its previous Peugeot distributorship having ended by end-2007 – this time surrendering the Mazda brand. BerMaz Motor Sdn Bhd, a unit of Berjaya Corporation will acquire Cycle & Carriage Bintang Bhd’s wholly-owned current Mazda’s franchise holder, Hercules Automotive Engineers Sdn Bhd, for RM16.8million.

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