One of the issues that has been affecting car companies in Malaysia for the past few months is the delayed approval of vehicle pricing, particularly for CKD locally-assembled cars, which has led to certain launches being delayed or estimated pricing being issued in the meantime.
As an example, the Honda HR-V facelift was first previewed in July 2018, but was only officially launched in January 2019. Other models such as the Toyota Rush and Vios, along with the Mazda CX-5 were also introduced with estimated pricing initially.
A more recent case is the Honda Civic facelift, with Honda Malaysia announcing the start of order taking in September 2019, but has yet to officially launch the model. Even new brands appear to be affected by it, such as Borgward, as there is till no official update when it will start its CKD operations.
During a Q&A session held after Malaysian Automotive Association’s (MAA) 2019 full-year review, the association was asked on the current status of the matter. In response, MAA president Datuk Aishah Ahmad said, “I think you are talking about the Industrial Adjustment Fund (IAF), the incentives that we apply for CKD locally assembled vehicles.”
“The process is we have to send [an application] to the ABDC (Automotive Business Development Committee), which consists of its chairman, MITI (ministry of international trade and industry), MIDA (Malaysian Investment Development Authority), MARii (Malaysia Automotive, Robotics and IoT Institute), Customs and the MoF (ministry of finance).”
“They have said that this will take three months before they can process whatever application we send in, but the issue is not the ABDC. After that, when it goes to the MoF, you do not know how long it will take before we get the approval letter. It could be four months; it could be more than that,” she explained.
Aishah continued, “that has not changed, but what they have told us is they are reviewing the process and they’re trying to shorten it, which they will announce to the industry. They are now reviewing it.”
In January last year, MITI said it would be taking steps to address the issue of delayed vehicle price approvals, with several measures planned. Among them include increasing the frequency of the monthly meetings held by the ABDC, as well coming up with an enhanced process flow and client charter of ABDC to ensure that there is greater clarity in the process of evaluating incentive applications.
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Lolzz told u all, they want increase the price as selling like hot cake
Seem they want starting from rm140k..
Please also review the price of the asam laksa by the roadside stalls. Approval needed before we can eat.
Just look at their faces, probably only know how to insert how many car units company A, B, C sold monthly into Excel sheet. Irrelevant body.
This happens when every single person who is in charge of reviewing goes to the mamak few times a day instead of sitting down and actually doing his work.
all of them makan gaji buta, actually they should fight for lower car price…lolzz
In Malaysia….lots of things are done “man-man-lai” (slowly slowly done). Even govt hospital emergency ward oso slow-slow. Relek-relek is everywhere thesedays
No wonder Malaysia is lagging behind some “ahem” SEA countries.
the delay is obviously bcs the gomen wants a higher price. expect a lot of back and forth between dealers and miti before they can get the prices approved.
It’s ok. Let’s have meeting every week. We can relax, take time off, drink teh tarik and makan karipap.
When we feel that we have enough meetings, we will just pluck any figures from the air and finalised the approval vehicle pricing.
Relax-lah, brother!
That’s how everything is done in Bolehland
How can we be on par with our neighborhood countries when a simple thing such as approving a car price can take forever? I mean seriously, this is not like 1MDB case which might be dragged up to 20 years or so. Just approve it and get over it. We people deserve to buy newer/better cars instead of waiting for stupid excuses and keep blaming other committee/institute/association/etc… all these should be abolished and its freaking 2020 already, we should simplify things instead of making it complicated. What happened to being agile and where’s the automation?
At the rate we are going, looks like recon card dealers could even get their hands on the “new models” and grey import them quicker than the manufacturers themselves.
Just wondering how come grey importers can quickly bring in cars (various makes/models) and it doesn’t seem to need approval from such ridiculous agencies also? The only thing that supposed to be involved is the customs and MoF, that’s all.
This is u turn.. not delayed! u turn u turn u turn u turn u turn turn!
this is the result from the incompetent peoples.
The long delay is because of the combination of:
incompetent ppl,
undecided ppl,
atas-pagar ppl
u-turn-ppl,
egoistic ppl,
lazy ppl,
gila kuasa ppl
syok-sendiri ppl
AWOL ppl
blur-sotong ppl
Malaysia Boleh!
Terima kasih PH for giving us all those people. he he he he he….
Why must bureaucrats approve car prices? This is the type of dumb regulations trump would have abolished. Too much rules and regulations killing our businesses.
Car is a necessity in Malaysia and it has been very expensive especially when comparing to the pay of the people. Pls don’t increase anymore. Don’t chase away the investors
Thought MoF being run by apek now should be more efficient and competent. Or only applies to mainland Chinese, like in Proton?
deswai kim jong un anti aircraft gun is useful to shoot the goons. hahaha
Why is my taxpayer money funding these stupid committees that are just making things worse for the rakyat
mana janji kereta murah dei!