The Malaysian Automotive Institute (MAI) has said that the announcement of Budget 2016 will improve the automotive sector on both a domestic and global level. This includes initiatives to create more job opportunities, as well as more training and measures related to improve the sector.
In a report by Bernama, MAI CEO Mohamad Madani Sahari said, “to ensure a sustainable automotive industry, the proposed Budget 2016 has targeted the creation of 25,000 new jobs in the industry.”
He added that Budget 2016 is in sync with the National Automotive Policy’s (NAP) aspirations, which aims to generate an additional 150,000 jobs by 2020. As of 2014, the number of employees in the domestic automotive industry stood at 550,000.
Other measures which will be undertaken include training for 10,000 employees, improving the competitiveness of more than 100 domestic vendors, and reinforcing over 500 existing workshops and service centres in the country.
“Developing new entrepreneurs in sales, distribution, service, repairs, manufacturing, remanufacturing and recycling are also in the budget,” Madani said.
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I admire this Midani’s optimism (or is it bootlicking).
I wonder how they are going to create 25,000 new jobs in 2016 when the economy is taking a big whack and everyone is talking about letting people go. 2015’s actual TIV is no where near your optimistic “more than 700k” predicted for 2015.
What makes you think doing the same silly thing all over again this year would result in any thing different ?
I will tell you what you will see. The local market will continue to contract as car prices go up, and economic uncertainties will dampen consumer confidence in making big purchases. Banks will continue to be strict on financing. More investments will go to Thailand and Indonesia’s automotive industry, leaving little left over for Malaysia.
Fuel prices will go up.
APs will continue to sap our industrial competitiveness for the benefit of the few. People selling APs don’t count as real entrepreneurs.
In fact, any layman on the street can probably give you a more accurate prediction of what 2016 holds than Midani has just excreted.
Shock sendiri much?
Empty promise just as BN ministers usual activities… Later not success start blaming economic and Malaysia Rakyat not enough professional. Back in 2012 says 2016-2018 reduce car price to 30% Now… 2016 price keep going up 5-15% ckd infact !!! Where’s the ministers hiding now???
Empty promises after empty promises, and it’s funny that some people will keep voting the same bunch of people until eternity.
Madani is really a shameless man. All the time kipas Najib. No honour and no dignity. MAI should be closed down actually. Since its inception, it has given no input at all, infact, MAI has given contradictory statements that misled consumers and car manufacturers.
Honda and Toyota invested billions to set up CKD plants in Malaysia to CKD Hybrids Jazz, Civic and Prius. Madani assured everyone Government was moving towards EEV and Hybrid.
The suddenly, Government pulled out their tax incentive and support for Hybrids. Honda and Toyota Malaysia suffered billions in losses.
Consumers too who bought Hybrids listening to Madani’s advice now crying. Car parts have shot up so steeply cause got no tax incentive. Whatever they thought they gonna save on hybrid fuels savings now terbalik.
They pay more in parts now and increased insurance premiums cause the cost of the Hybrid car has doubled.
Madani should stop lying to the people and stop kipas Najib waiting for his Datukship.
Madani should ask Najib, where is the 30% reduction in car prices Najib promised 30 million people before the election to entice people to vote BN.
This Madani is scared to do. He is clever to come out with costly seminars and charts to confuse the rakyat about the NAP.
Adohai Madani, until now, 2015 bulan October, you have not even stopped the AP thieves. 30 AP thieves stealing from 30 million Malaysians. Just 30 peope becoming billionaires (not millionaires) but 30 million people suffer to enrich these 30 people.
Please lah Madani, do something about the AP scandal
MAI living in denial with the failure of EEV plan and trying to ignore that 30% car price drop promise.
And never forget his target 750k car sales and flip flop on car scrap policy. Joker of the year.
Well said. The continuous factories closing down and oversea companies shifting manufacturing investment to somewhere else…
Jilat, jangan tak jilat
it’s more like pipedream really! Even the Detroit of Asean, Thailand, with a thriving Automotive manufacturing hub, is facing reduction in export; Malaysia, with its flip-flop automotive policy, is looking at increasing job creation in the Malaysian Automotive Sector, thanks to the 2016 Budget, seriously….Apple polishing is one thing, but this Dude is taking it to another level. Guess he has too much of ‘green leaves’, before he gave his comments
What competitiveness? Our Ringgit has gone south and Malaysians are poor now la Abang. Take away the NAP, you will see some slight competitiveness.
i wish i had their jobss..sitting in comfy aircon office plus fat paycheck only job is issue ” kaki bodek statements”
Whateverrrrr
Lets just hold our purchase of any new cars…
When the buying stop, the killing can too…
If we work together, we can win this
I completely agree. Malaysians who are feeling the pinch of the recession should STOP buying brand new cars. There’s always the second hand cars option.
‘When the buying stops, the killing can too’
Creating more automotive jobs? Currently those people in the sector are being laid off and he is talking about creating more jobs?
Blaupunkt is closing shop, naza laid off their staffs. With afta even proton is sourcing their components from Indonesia and thailand. I don’t see how he can do this. I bet 2016 he will just talk about new things, just as he now conveniently forgets about his targets in 2014.
Power Point CEO..??
Kah kah kah..
next year 2017 Power Point – Please Prepare Now..
” EV Proton car, Export Preve, reduce 30% car price Manifesto, Create High Income, create million Job for Bangla, shift Proton to Bangla ”
Your booombastik word bro.. Joker Joke tong Kosong..
pardon? oh you use Apple mac book ..soory bro, keep your dream for high paid..
Macai forever…
Just a bunch of hi-paid monkey C monkey do at work.
No big deal/effect on what they said
the easiest ceo job ever, just summarise & regurgitate budget info…