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MAA trims 2021 auto TIV forecast to 500,000 units

MAA trims 2021 auto TIV forecast to 500,000 units
thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.

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Chip shortage likely to persist


Chip shortage likely to persist
Ayisy Yusof
© Provided by New Straits Times
KUALA LUMPUR: Luxury carmakers will need to resolve supply chain issues, most notably the shortage of automotive chips, to take advanatge of the governemnt incentives, including the sales tax exemption (SST) that ends year end.
The automotive chip shortage, which began late last year amid the surge in demand for personal decies, may continue into next year.
Malaysian Automotive Association (MAA) president Datuk Aishah Ahmad said automakers would be unable to take advantage of government incentives such as SST exemption, which unlikely be extended next year,
The automotive chip shortage could continue into next year if manufacturers unable to keep up with demand from electronic and personal device manufacturers and automakers. ....

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Call to open auto sector


PETALING JAYA: The Malaysian Automotive Association (MAA) is urging the government to allow the automotive sector to resume operations with immediate effect, as prolonged business and supply chain disruption under the present lockdown will have dire consequences on the industry.
MAA president Datuk Aishah Ahmad (pic below) said the entire supply chain in the automotive sector had been seriously affected, particularly by the complete shutdown of operations in the enhanced movement control order (EMCO) states and localities such as Selangor and Kuala Lumpur.
“Feedback received from many of our members indicated that business operations even in non-EMCO states are hampered due to disruptions in the supply chain, ” she said in a statement yesterday. ....

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MAA urges government to allow automotive sector to resume operations, says economic damage being felt


MAA urges government to allow automotive sector to resume operations, says economic damage being felt
14 July 2021 12:11 pm / 6 comments
A month and a half into the start of the nationwide lockdown that began on June 1, the Malaysian Automotive Association (MAA) is appealing to the government to allow automotive sector activities to resume in states currently under the enhanced movement control order (EMCO) as well as those under phase one and two of the national recovery plan (NPR).
It said that with the Malaysian automotive industry heavily dependent on the domestic market, the continued halting of production and distribution of automotive products (planned to resume in phase two of the NRP) as well as sales of vehicles will have far reaching implications to the entire automotive ecosystem nationwide. ....

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