DNC Asiatic bike assembler closes doors – Demak brand defunct, MV Agusta Malaysia seeks partner

DNC Asiatic bike assembler closes doors – Demak brand defunct, MV Agusta Malaysia seeks partner

After launching famed Italian brand MV Agusta in a new Malaysian partnership last year, as well as expanding the Demak Malaysia brand of China manufactured scooters, Malaysian motorcycle assembly company DNC Asiatic has ceased operations at its Olak Lempit, Selangor, factory. Staff were earlier told to resign while the factory will officially closed on May 31.

An unnamed source that told paultan.org that the factory will be put on sale to repay debts and bank loans. The 260,000 square foot facility assembled scooters, kapchais as well as three- and four-wheel light commercial and utility vehicles.

In addition to the Malaysian assembly plant, DNC Asiatic also has an assembly facility in Sri Lanka, producing a range of small scooters. Our source informed us that the fate of this overseas facility has yet to be decided, but will likely be shut down late this year or early next year.

As for MV Agusta, DNC Asiatic signed an agreement for the assembly of MV Agusta motorcycles in Malaysia last December 2016 and establishing a MV Agusta Lifestyle Centre in Segambut, Kuala Lumpur. MV Agusta bikes assembled locally were to have been distributed in partnership with Moto Varese Asiatic.

All Malaysian operations for MV Agusta will be shut down soon. Approval is currently being sought from MV Agusta headquarters by connected parties for approval to enter a partnership with a local company, but it is still to early to tell, said the source.

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Mohan K Ramanujam

Coming with diverse and extensive experience in heavy engineering, Mohan enjoys making anything with wheels go fast, especially motorcycles. His weapon of choice is the Desmoquattro engine, and he has a penchant for anything with a dash of Italian design. Strangely enough, he insists he's a slow rider.

 

Comments

  • Rob Mugabe on May 30, 2018 at 4:46 pm

    This will be like Boyue. One day here, next day Geely close shop and cabut.

    Then buyers don’t know how to claim warranty.

    Moral of story, buy established old brands.

    Like or Dislike: Thumb up 11 Thumb down 33
  • Firdaus on May 30, 2018 at 5:18 pm

    Malaysians prefer quality over price!! Remember Comel brand!!

    Like or Dislike: Thumb up 12 Thumb down 2
  • Proton bila? Are the rakyat not going to collect back the billions invested in Proton for 30 years? Proton just say tengkiu lah

    Like or Dislike: Thumb up 13 Thumb down 11
    • Are you sure on May 30, 2018 at 6:26 pm

      So, Proton never pay any taxes and provide employment during those 30 years?

      Like or Dislike: Thumb up 14 Thumb down 1
    • kzm (Member) on May 31, 2018 at 3:00 am

      Tun M already say p1 already pay all money govt give to them.. except the new one

      Like or Dislike: Thumb up 6 Thumb down 1
  • Really? on May 30, 2018 at 6:38 pm

    DNC is an assembler, not a principal distributor that usually handle warranty claims. It’s like saying if one day Tan Chong assembly plant close down, all Mitsubishi will not be covered by warranty. The warranty still valid as long as MMM still operating.

    Like or Dislike: Thumb up 6 Thumb down 0
  • Poor MV Agusta. Never seem to be able to catch a break.

    Like or Dislike: Thumb up 0 Thumb down 1
  • Bernard on May 30, 2018 at 7:30 pm

    That’s why I said earlier, buy only established brands ….

    Like or Dislike: Thumb up 12 Thumb down 0
  • Horizon Sailor on May 30, 2018 at 10:13 pm

    Did Chear Motor were Authorised Dealer / Service Centre for MV Agusta brand in peninsular ?

    Like or Dislike: Thumb up 0 Thumb down 0
  • casual rider on May 31, 2018 at 7:39 am

    NAZA seem smarter with their Ducati.Key word here is MARKETING

    Like or Dislike: Thumb up 4 Thumb down 0
 

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