APM Automotive

What APM Automotive does

APM Automotive Holdings Berhad is a Malaysia-incorporated, Bursa Malaysia-listed automotive components manufacturer operating since 1997 across four core divisions: Suspension, Heat Exchange & Electrical, Interior & Plastic, and Engineering & Research, plus a Marketing arm. The Suspension division produces leaf springs, coil springs, shock absorbers, gas springs, and associated components under one roof — a positioning the company claims is held by only a few manufacturers globally. The Interior & Plastic division supplies complete seating systems for buses, vans, trucks, trains, LRT, ferries, and cinema, alongside plastic extrusions, door modules, and safety systems. The Heat Exchange & Electrical division delivers climate control systems (using R134a refrigerant), radiators, bus/truck air-conditioners, starters, alternators, and aluminium die-cast components. Engineering & Research runs in-house CAE simulation, DOE, ECE R14/FMVSS 207/210 seat belt anchorage testing, suspension corner module testing rigs, and X-ray diffractometry for residual stress analysis.

The company generates revenue through two primary streams: long-term OEM supply contracts with global automotive manufacturers (Ford, Honda, Toyota, Volkswagen, Perodua) for components integrated into vehicle assembly, and aftermarket parts distribution through a Malaysia network of 500+ stockists and exports to 50+ countries. APM operates wholly-owned manufacturing and assembly subsidiaries in Vietnam, Indonesia, Thailand, Myanmar, USA, and Australia, and joint ventures in Indonesia, Thailand, and the Netherlands with partners including Hyundai Transys, Highly Marelli, Tachi-S, Johnson Controls, and IAC. Adjacent product bets include EV bus and battery pack solutions (APM EV Solutions) and IoT/telematics (Omnimatics, APM Tinnos). All manufacturing units are ISO 14001 and IATF/ISO/TS 16949 certified.

The customer base is concentrated in global automotive OEMs with long-term supply relationships and aftermarket distributors; pricing is negotiated through direct B2B sales engagements rather than publicly disclosed. Geographic diversification across eight countries and dual OEM/aftermarket channels provides some revenue cushioning against cyclicality in any single regional auto market.

Name

APM Automotive

Legal name

APM Automotive Holdings Berhad

Website

https://apm.com.my

Company type

Public

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

APM Automotive Holdings Berhad is a Malaysia-listed automotive components manufacturer producing seats, suspension parts, climate control systems, and interior/exterior components for global OEMs (Ford, Honda, Toyota, Volkswagen, Perodua) and aftermarket distributors across 50+ countries, with operations spanning eight countries and EV/IoT adjacencies.

Ownership category

akta.pro rank

Product category

Automotive Parts Manufacturing

NAICS

Motor Vehicle Parts Manufacturing (3363), Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing (33633), Motor Vehicle Seating and Interior Trim Manufacturing (336360)

SIC

Motor Vehicle Parts & Accessories (3714)

akta.pro primary industry

Aftermarket Suspension & Steering Components Manufacturing (Shocks/Struts/Bushings/Tie Rods) (IMACANAC)

Keywords

• Automotive parts manufacturing
• OEM components supply
• Suspension systems manufacturing
• Vehicle seating systems
• Automotive climate control

Headquarters

HQ city

Klang

HQ country

Malaysia

HQ region

Asia

Offices15 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Automotive OEM Components: APM manufactures and sells automotive components directly to OEM manufacturers (Ford, Honda, Toyota, Volkswagen) including seats, suspension parts, climate control systems, and interior/plastics components. Revenue is generated through long-term supply contracts with vehicle manufacturers across Malaysia, Southeast Asia, and globally.
2. Aftermarket Parts Distribution: APM Auto Parts Marketing Sdn Bhd distributes automotive parts and accessories domestically through a network of 500+ stockists across Malaysia. APM Auto Parts Marketing (Malaysia) Sdn Bhd handles import and export of automotive parts and accessories to over 50 countries globally.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

APM Automotive Holdings Berhad is a Malaysian automotive parts manufacturer that designs, engineers, and produces a comprehensive portfolio of automotive components across four core divisions: Suspension (leaf springs, coil springs, shock absorbers, gas springs), Heat Exchange & Electrical (radiators, air-conditioners, starter motors, alternators), Interior & Plastic (vehicle seats, plastics, modules, safety belts), and EV Solutions (EV bus chassis, battery packs). The company supplies these components directly to global automotive OEMs such as Ford, Honda, Toyota, Volkswagen, and Perodua, while also distributing aftermarket parts domestically through 500+ stockists in Malaysia and exporting to 50+ countries.

Product overview

APM Automotive Holdings Berhad is a Malaysian automotive parts manufacturer offering a diversified portfolio of products organized into multiple divisions: Suspension Division (producing shock absorbers, springs, and coil springs under one roof), Heat Exchange & Electrical Division (manufacturing climate control systems, auto electrics, aluminium castings, and EV solutions), Interior & Plastic Division (producing seats, plastics, modules, and safety systems), and Marketing Division (handling domestic and international distribution of parts and accessories). The company operates through wholly-owned subsidiaries and joint ventures, with overseas operations in Vietnam, Indonesia, Thailand, Myanmar, USA, and Australia. The product portfolio includes complete seating systems for buses, coaches, vans, and passenger vehicles; suspension components including leaf springs, coil springs, shock absorbers, and gas springs; climate control products such as radiators, air-conditioners, and bus/truck refrigeration; automotive electrical components; aluminium die-cast parts; and EV bus and battery solutions. Engineering and research services support product development through CAE, CAD, and testing capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• APM Suspension Division Products

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• PT Armada Johnson ControlscoreStrategic or Co-development PartnerJoint venture in Indonesia (Bekasi) focused on automotive seats manufacturing. Part of APM's Southeast Asian joint venture network for seat and interior component production.
• PT APM Armada AutopartscoreStrategic or Co-development PartnerJoint venture in Indonesia (Cikarang-Bekasi) manufacturing interior automotive components including door panels, instrument panels, and trim parts.
• IAC APM Automotive Systems Ltd.coreStrategic or Co-development PartnerJoint venture in Thailand (Bangkok) producing console, door trims, instrument panels, IP pads and soft trims for automotive OEMs in the ASEAN region.
• APM-TS BVcoreStrategic or Co-development PartnerJoint venture in the Netherlands (Oldenzaal) manufacturing springs, absorbers, and coil-overs, serving the European automotive market.
• PT APM Hyundai Transys IndonesiacoreStrategic or Co-development PartnerJoint venture in Indonesia manufacturing and supplying automotive seats, representing collaboration with Hyundai Transys for seat systems in the Indonesian market.
• PT Highly Marelli APM IndonesiacoreStrategic or Co-development PartnerJoint venture in Indonesia manufacturing and supplying heating, ventilation, and air-conditioning (HVAC) related parts and components for automotive applications.
• APM Tachi-S Seating Systems Vietnam Co., Ltd.coreStrategic or Co-development PartnerJoint venture in Vietnam manufacturing automotive seats, extending APM's seating production capabilities into the Vietnamese market.
• Fuji Seats (Malaysia) Sdn BhdcoreStrategic or Co-development PartnerJoint venture in Malaysia (Rawang) producing vehicle seats with major customer Perodua. Capacity of 30,000 vehicle sets per month with 12 conveyorized seat assembly lines and 29 arc welding robots.
• APM Tachi-S Seating Systems Sdn BhdcoreStrategic or Co-development PartnerJoint venture in Malaysia (Rawang) manufacturing automotive seats with 5,000 vehicle seats per month capacity. Uses conveyor seats assembly system and multi-storey storage rack for JIT delivery.
• APM Tinnos Sdn BhdminorStrategic or Co-development PartnerJoint venture manufacturing and selling Audio Video Navigation System and IoT products, located at APM's Port Klang facility.
• McConnell Seats Australia Pty LtdcoreStrategic or Co-development PartnerSubsidiary in Australia (Victoria) manufacturing and distributing seats for buses, coaches, trains, and trams. Operations in Melbourne, Perth, and Brisbane.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Adient plc: Pure-play automotive seating supplier spun out of Johnson Controls. Directly comparable to APM's seating business and several APM seating JVs; competes for global OEM seating programs including in ASEAN.
• Mando Corporation: Korean tier-1 supplier of suspension, brakes, steering, and electric vehicle components. Directly comparable to APM's suspension product portfolio (shock absorbers, struts, coil springs) with global OEM relationships including Hyundai.
• Pecca Group Berhad: Malaysian-listed automotive leather seat cover and parts supplier. Most direct Malaysian market peer to APM's seating-focused businesses; competes for similar OEM and aftermarket seating programs in Malaysia.
• FORVIA (formerly Faurecia): European-headquartered tier-1 supplier of seating, interior systems, and clean mobility (HVAC). Directly comparable to APM across multiple divisions — interior trim (IAC APM JV), seating, and climate control (Highly Marelli APM JV).
• Lear Corporation: Global tier-1 automotive seating and electrical systems supplier serving major OEMs. Directly comparable to APM's Interior & Plastic division (Fuji Seats, Tachi-S JVs) and electrical division; competes for the same Ford/Honda/Toyota seating and E/E programs.
• NHK Spring Co., Ltd. Japanese specialist in automotive suspension springs (coil, leaf), seat frames, and HDD suspensions. Closest direct comparable to APM's suspension division under-one-roof integration model, with global OEM customer overlap.
• Futaba Industrial Co., Ltd. Japanese manufacturer of automotive exhaust, suspension, and body frame components. Comparable to APM's suspension and chassis-related product portfolio with similar tier-1 supplier positioning for Japanese OEMs.
• Multimatic Inc. Canadian privately-held tier-1 supplier of suspension, chassis, body panels, and active aerodynamics. Comparable to APM's suspension corner module capabilities and serves global OEMs; similar private/specialist positioning.
• Trelleborg AB (Automotive business): Swedish manufacturer of anti-vibration and suspension components, including NVH and bus/coach air-suspension systems. Directly comparable to APM's suspension and bus/coach seating operations (McConnell Seats Australia), particularly for commercial vehicles.

Broad incumbents

• Magna International: Largest North American tier-1 with broad capabilities across seating, exteriors, body & chassis, powertrain, and complete vehicle engineering. Competes with APM for global OEM seating and suspension programs but at much greater scale and product breadth.

Market position

Strengths1 record

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/apm-automotive-group

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries35 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about APM Automotive