A joint project between Majlis Amanah Rakyat (MARA) and AFY Mobility Industries (AMI) will the the launching of a Malaysian motorcycle brand. Scheduled to take place in the third quarter of 2023, the project is currently dubbed “Project AM-2”, reports Harian Metro.
Executive director of AMI Group, Ahmad Faez Yahaya said, for the first year, Project AM-2 will focus on the small displacement motorcycle market. This will include both kapchais and scooters.
The products from Project AM-2 will use locally developed engines produced by Malaysian companies. “This is a motorcycle developed from the concept stage to the finished product by a Malaysian company that is 100% Bumiputera owned,” said Faez.
AM-2 has set a first year sales target of 30,000 units, or 5% of the local motorcycle industry volume of 600,000 units. “We started this project in 2020 at the beginning of the MCO and we are now at the end stage. Our product is undergoing endurance testing and in the process of obtaining various approvals,” Faez said.
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you cannot compete with the volumes of parts made by chinese companies.
at best this will be a Frankenstein of chinese engine parts built to expired patent designs of japanese motorcycle engines.
Keep up the good effort
Hopefully is not another project digital mall. Proton still unable to build engine by themselves after 30 years, only able be a lego hub. It is not I am pessimistic. We should feel happy after the project really sucessful.
I wonder how much taxpayers money will be used to eventually bail out this venture?? We will never learn….
Lagi satu projek kerajaan Malaysia!!???
Let’s not pour cold water before we know the full details. I think a few questions need to be answered.
1. How much tax payers money will be spent?
2. Are MARA & AFY Mobility expecting govt protection / funding for the operation?
3. What are the financial projections ie P&L, balance sheet, cash flow etc for the next 5 years?
I wish the project all the best. If it is really successful it will be good for us all. :)
Design tu biar setanding YAMAHA DAN HONDA. cari disiner yang kreatif.
Some people in the Kementerian Pembangunan Luar Bandar’s gonna score some free money with this one lol
To AFY, please stick to selling Suzukis. Tq.