Mutiara Motors to ride on RM20m centre in Larkin
By Shahrum Sayuthi
The centre can house 200 imported luxury cars at a time and it has a cafe with al-fresco concept and WiFi facilities
MUTIARA Motors Sdn Bhd, importer and distributor of new and second-hand luxury cars, expects a 30 per cent boost in unit sales next year, when its new RM20 million building in Larkin, Johor Baru, commences operation in February.
The new building has a capacity to house 200 cars at a time, as well as a sales, service and spare parts centre.
It also features a research and development centre for Mutiara Motors’ M7 spare parts range and engine oil, which are being marketed locally as well as in Singapore, Brunei and Indonesia.
The building, which will be a one-stop-centre for Mutiara Motors customers, will also include a cafe with al-fresco concept and WiFi facilities.
Congratulating Mutiara Motors for yet another milestone in its achievements, Johor Menteri Besar Datuk Abdul Ghani Othman said the resilience of the Bumiputera-owned company should be an example for others.
He said the company, which started its operations 26 years ago, has successfully weathered several economic crises such as the 1988 and 1998 recessions, making it one of the best examples among Bumiputera-owned ventures.
“Much of this success should be attributed to the good leadership within the company in terms of its ability to manage its finances and coming up with solid business strategies,” he told reporters after officiating at the ground-breaking ceremony of the building on Sunday.
Abdul Ghani said the future of Johor-based Mutiara Motors could be deemed to be secure as the automobile business in the state has recorded a consistant growth average of between 14 per cent and 17 per cent from the country’s new car sales, second only to the Klang Valley.
Mutiara Motors group executive chairman Datuk Ahmad Kemin said having the building was necessary for the company’s needs to further develop its potential as a recognised luxury car dealer and importer.
Mutiara Motors is an Approved Permit holder.
Last year the company, which also owns two other premises in Jalan Tebrau and Plentong in Johor Baru, was appointed a distributor of Toyota cars.
Its subsidiary Mutiara Motors Performance Products Sdn Bhd is involved in the development and distribution of prestige car accessories of the GReddy and Trust brand.
Another subsidiary M7 Motorsports Sdn Bhd has secured a highly regarded Japanese engine oil technology for the development of its own M7 brand, whose quality was proven through tests and sponsorship of the Charlez Team at the Formula V6 Asia and Toyota Tsuchiya Team at the Japan GT.