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Nap 2020 Released 2020 Incentives to Be Menu-Based

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Nap 2020 Released 2020 Incentives to Be Menu-Based ISSUE #02/2020 (MAY) KDN NO. PP 5666/04/2013 (032548) MAA HOPES NAP NAP 2020 RELEASED 2020 INCENTIVES TO BE MENU-BASED THE MAA President The NAP 2020 will YBhg. Datuk Aishah continue to promote Ahmad was quoted in an interview with participation of The Edge Malaysia local companies in and published on the domestic and 24th February 2020 global supply chain, as saying – “To make Malaysia’s automotive encourage R&D industry more competitive, the government and engineering must attract auto investors to the country activities, build by having long-term policies and attractive incentives in place. MAA had requested for capabilities and menu-based incentives to be implemented capacity of local to ensure certainty for investors to know workforce, support what will be approved, but the government is still insisting on continuing customised national car projects incentives.” However, she was quoted as well as enhancing as agreeing to some of the NAP 2020 exports, investments guidelines such as Next Generation Vehicle and local production (NxGV), Mobility-as-a-Service (MaaS) and Industry Revolution 4.0 (IR 4.0). volume.” She told The Star that to attract —YAB Tun Dr. Mahathir investors, the government must come Mohamad, Prime Minister of up with good incentives like other Asean countries. “Currently, the customised Malaysia (21st February 2020) incentives are dependent on proposed potential like export and production plans. Our concern is that the customised incentives mechanism is not clear. NAP 2020 encourages new growth areas through integration of Investors need clarity on incentives technology such as Next Generation Vehicle (NxGV), Mobility as a before committing to investments. The Service (MaaS), and Industrial Revolution 4.0 (IR4.0) which are in government should have menu-based line with the development of future technologies.” incentives,” she said. — MAA Sources: TheEdgeMarkets and The STAR — YB Datuk Ignatius Darell Leiking, the then Minister of International Trade and Industry, Malaysia (21st February 2020) TIV INTO HE NATIONAL AUTOMOTIVE Policy (NAP) launched Generally, the contents were expected by the local A TAIL SPIN on 21st February 2020 officially states the automotive players albeit with some disappointments by direction of the Malaysian government’s stand on Members of the Malaysian Automotive Association AFT ER a very encouraging 2019 Total Tthe local automotive industry and how it envisages (MAA). Nevertheless, MAA Members will follow the Industry Volume achievement, every the roadmap to reach the next level playing field. Local guidelines laid out which favour national car makers automotive company was gearing up for a automotive players have long been waiting for its release but with a view that hopefully, the Malaysian government better 2020 with big plans for new vehicle as it was necessary to plan for the future investment will amend some of the guidelines along the way. launches, new marketing strategies and plans and strategies. — MAA greater growth rate expectations. All these were put to a stop by a virus Covid-19 which caused most major countries to lockdown including Malaysia from 18th March. AFM Sales of new motor vehicles looked good in January with many new vehicle DIALOGUE launches but after the traditional February WITH MITI slowdown, Covid-19 which caused the lockdown in Wuhan in January 2020 DEP SEC unexpectedly spread worldwide with a devastating force never seen in this GEN century. As in all businesses, local motor MITI Deputy companies will have to dig in extremely Secretary General hard and deep into financial reserves to (Industry), YBhg. Dato survive with the local lockdown. Sri Norazman Ayob As expected, the first quarter 2020 TIV attended a dialogue shows a steep dip from the same period session with the AFM at last year. There were 106,460 vehicles sold the MAA conference room in the first three months of 2020 compared on 27th February 2020. to 143,036 vehicles in the same period last Photo shows members of year. In the month of March 2020, sales the AFM headed by YBhg. were 60% lower compared to March 2019 Datuk Aishah Ahmad with and 44% lower compared to February YBhg. Dato Sri Norazman 2020 due to the Movement Control Order (centre). — MAA (MCO). (See Pg.3 for the statistics). For more information, please logon to www.maa.org.my ED Coating Touch Up Inspection Plant Booth Booth ADD: LOT 514, JALAN PERUSAHAAN 3, BANDAR BARU SG. BULOH, 40160 SELANGOR DARUL EHSAN, MALAYSIA. TEL: +603-61562228 WEBSITE: www.combat.com.my STATISTICS | BERITA MAA | 3 MALAYSIA PRODUCTION & SALES STATISTICS FOR JANUARY TO MARCH 2020 PRODUCTION Segment YEAR-TO-DATE MARCH 2020 2019 Variance UNITS % Total Industry Production (TIP) 108,444 144,025 (35,581) (24.7) PV (Passenger Vehicles) 101,507 133,544 (32,037) (24.0) PC (Passenger Cars) 78,057 96,791 (18,734) (19.4) WV (Window Vans) 279 828 (549) (66.3) MPV (Multi-Purpose Vehicles) 4,886 8,783 (3,897) (44.4) 4x4/SUV (Four Wheel Drive/Sports Utility Vehicles) 18,285 27,142 (8,857) (32.6) CV (Commercial Vehicles) 6,937 10,481 (3,544) (33.8) PV (Panel Vans) 542 804 (262) (32.6) PU (Pick Ups) 3,645 5,769 (2,124) (36.8) Trucks 2,512 3,620 (1,108) (30.6) PM (Prime Movers) 147 174 (27) (15.5) Bus 91 114 (23) (20.2) SALES Segment YEAR-TO-DATE MARCH 2020 2019 Variance UNITS % Total Industry Volume (TIV) 106,460 143,036 (36,576) (25.6) PV (Passenger Vehicles) 97,010 131,090 (34,080) (26.0) PC (Passenger Cars) 74,065 84,801 (10,736) (12.7) WV (Window Vans) 394 793 (399) (50.3) MPV (Multi-Purpose Vehicles) 4,981 10,090 (5,109) (50.6) 4x4/SUV (Four Wheel Drive/Sports Utility Vehicles) 17,570 35,406 (17,836) (50.4) CV (Commercial Vehicles) 9,450 11,946 (2,496) (21.2) PV (Panel Vans) 440 686 (246) (35.9) PU (Pick Ups) 6,610 7,896 (1,286) (16.3) Trucks 2,116 2,979 (863) (29.0) PM (Prime Movers) 180 247 (67) (29.6) Bus 104 138 (34) (43.5) ASEAN PRODUCTION & SALES STATISTICS PRODUCTION FOR MARCH 2020 YTD MARCH-2020 YTD MAR-19 COUNTRY PASSENGER COMMERCIAL Total Total VARIANCE VEHICLES VEHICLES % Indonesia 256,959 71,549 328,508 315,198 4% Malaysia 101,507 6,937 108,444 144,025 (25%) Myanmar 3,248 813 4,061 3,742 9% Philippines NA NA NA 18,847 NA Thailand 172,352 281,330 453,682 561,487 (19%) Vietnam 23,862 8,887 32,749 46,348 (29%) TOTAL 557,928 369,516 927,444 1,089,647 (15%) SALES YTD MARCH-2020 YTD MAR-19 COUNTRY PASSENGER COMMERCIAL Total Total VARIANCE VEHICLES VEHICLES % Brunei 3,230 72 3,302 2,895 14% Indonesia 183,638 53,253 236,891 254,332 (7%) Malaysia 97,010 9,450 106,460 143,036 (26%) Myanmar 4,678 1,621 6,299 4,653 35% Philippines 17,786 46,756 64,542 85,388 (24%) Singapore 15,577 2,548 18,125 24,837 (27%) Thailand 93,278 106,786 200,064 263,549 (24%) Vietnam 38,293 14,046 52,339 78,419 (33%) TOTAL 453,490 234,532 688,022 857,109 (20%) For further information on ASEAN Automotive Federation, logon to: http://asean-autofed.com/index.html. Print Ad(NewsLetter)_FOP.pdf 1 25/03/2020 10:26 AM C M Y CM MY CY CMY K NEWS | BERITA MAA | 5 NAP 2020 HIGHLIGHTS HE National Automotive Policy (NAP) 2020 was capabilities; offi cially released by YAB Tun Dr Mahathir Bin iv) increase exports of vehicles, automotive Mohamad, the then Prime Minister of Malaysia components, spare parts and related products in on 21st February 2020. It guides the local the manufacturing and aftermarket sector; automotive industry to the next ten years. v) increase the participation of competitive UMWT HOPES T Bumiputera companies in the domestic automotive The 68-page NAP 2020 booklet is sub-divided into the industry, including in the aftermarket sector; GOVERNMENT TO following main headings – vi) enhance the ecosystem of the manufacturing and aftermarket sector of the domestic automotive CONTINUE WITH • THE NATIONAL AUTOMOTIVE VISION industry; and INCENTIVES vii) safeguard consumer interests by offering safer and • THE OBJECTIVES OF NAP 2020 better-quality products at competitive price. UMW TOYOTA Motor (UMWT) president Mr. Ravindran • NAP 2020 FRAMEWORK Additional objectives under NAP 2020: K. said in a report published in The Star Online (22nd i) develop the NxGV technology ecosystem to make February 2020) that he hoped the government would • NEW ELEMENTS OF NAP 2020 Malaysia as a Regional Hub for the production of continue to give incentives for a suffi cient length of time. NxGV; “This will help to justify investment and provide • DIRECTIONS OF NAP 2020 ii) expand the participation of domestic automotive reasonable returns on investment,” he said in a statement. industry in the sector of MaaS which not only With the Energy Effi cient Vehicle (EEV) specifi cations being • STRATEGIES OF NAP 2020 focuses on the development of technology, but also updated, he hopes that ample time will be provided before the overall transportation ecosystem; implementation for proper review. • NAP 2020 ROADMAPS AND BLUEPRINTS iii) ensure the domestic automotive industry is better He said: “We believe that our Bukit Raja Plant is equipped with new paradigm in the automotive equipped with automation, skilled manpower and the • TARGETS OF NAP 2020 sector closely related to the development of IR4.0; capacity to align with the government’s vision developing iv) ensure the overall ecosystem including consumers, our industry into IR4.0.” • MONITORING MECHANISM AND REPORTING domestic industry and the Government receive He commended the NAP 2020 objective of reducing maximum benefi t from the spin off from the overall carbon emissions from vehicles by improving fuel The objectives of the NAP 2020 are listed as follows implementation of NxGV; and economy level in Malaysia by 2025 in line with the Asean - The Malaysian Government will continue to pursue v) reduce carbon emission from vehicles by improving Fuel Economy Roadmap of 5.3 Lge per 100km.
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