The Malaysian automobile company Perodua, which specializes in the production of economical budget cars for the country's emerging market, is one of the new brands that have managed to achieve recognition and success. The origins of the firm, founded in 1992, are several government consortia of Malaysia and Singapore, as well as the Malaysian divisions of the Japanese companies Daihatsu and Mitsui. In 1994, the factories of the brand began production of components for Daihatsu cars, which, after successful running-in, went on sale in the Malaysian automotive market under the Perodua brand.
In 2002, the company's own research center was opened, which started developing unique models based on the technologies of the Daihatsu company. In addition, in 2003, a plant was opened for the production of power units developed by the Toyota concern, the owner of the Daihatsu company. Thanks to this decision, Perodua was able to focus on vehicle development, expanding its range to 8 different models in 2008.
In the same year, deliveries of the brand's cars began to all the largest automotive markets in the Asian region, including the Middle East. However, in 2011 the company's model range was reduced to three models, and the rest of the cars were again sold under the Daihatsu and Toyota brands. In 2012, Perodua became Malaysia's largest automaker, surpassing another government concern, Proton.