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Showing posts with label automotive. Show all posts
Showing posts with label automotive. Show all posts

STRIP EXEMPTIONS GIVEN TO 70 CAR MODELS, VARIANTS





A GROUP of influential car dealers has recommended stripping exemptions given to vehicles if they do not meet the new safety standards.

Proton Edar Dealers Association (Peda) urged the Transport Ministry to revoke all exemptions given to 10 car models with more than 70 variants that do not meet the New Car Assessment Programme (NCAP) safety requirements.

The call follows efforts by the Malaysian Institute of Road Safety Research (Miros), an agency under the ministry, to lift motor vehicle safety standards and encourage a market for safer vehicles under NCAP.

NCAP is a collaboration signed between Miros and the Global New Car Assessment Programne on December 7 2011.

In 2011, the ministry issued a list of United Nation Economic Council for Europe (Unece) regulations for automotive assemblers and manufacturers in Malaysia to implement by January 2012.

The deadline was first extended to June last year.

Peda president, Armin Baniaz Pahamin, said to date, 70 car models and variants are still given exemption despite not complying with two items on the Unece list, namely UN ECE R94 (frontal collision system) and UN ECE R95.

70 CAR OF MIX VARIANCES IN MALAYSIA FAILED THE NCAP CRASH TEST?

70 CAR OF MIX VARIANCES IN MALAYSIA FAILED THE NCAP CRASH TEST?

Well.. It would have if it was made to go through the crash test but instead, it was given an exemption from compliance by our Ministry of Transport.

On 7 December 2011, the Global New Car Assessment Programme (GNCAP) and the Malaysian Institute of Road Safety Research (MIROS) signed a collaborative MOU to establish a pilot project for an ASEAN (Association of Southeast Asian Nation) New Car Assessment Program (NCAP). The objective of the program was to elevate motor vehicle safety standards in the ASEAN region and encourage a market for safer vehicles. (Source: FIA).

The essence behind the NCAP is to educate consumers in selecting the best crashworthy car.

Upon getting the cabinet approval, the Transport Ministry issued a list of United Nation Economic Council for Europe (UN ECE) regulations for motorcar assemblers and manufacturers in Malaysia to implement by January 2012. Failing that, the Ministry of Transport (MOT) had already extended the date by six months to June 2012. (Source: New Sunday Times, 13 April 2012)

Todate, 10 car-make with 70 model variances listed below still did not meet the regulation under the ASEAN NCAP. Those listed below did not comply and was given an exemption from complying to the UN ECE Regulation 94 and R95. (Source: Road Transport Department (JPJ), website).

The UN ECE Regulation No. 94 and No. 95 specifies a minimum crash safety performance for frontal collision speed of 64 km/h and side collision speed of 64 km/h.
Notice from the list below, most global carmaker such as TOYOTA, produced two different models of the same car with those in Malaysia not conforming to the Global crashworthiness standard but the same car passed the carshworthiness in other region.

A global car manufacturer has to engineer the car to four different types of national specifications but usually it was designed in compliance to either the US specifications or the General Market specifications. There are also the European specifications and Japan specifications. The US specification is usually the most expensive because of the high safety and environmental specifications.
 
(Source: Road Transport Department (JPJ), website)


PEDA URGED MOT TO WITHDRAW ALL EXEMPTION GIVEN TO CARMAKERS


Kuala Lumpur, February 2013. "PROTON Edar Dealers Association Malaysia (PEDA) lauded the government’s effort provided under MIROS, an arm under the Ministry of Transport to elevate our motor vehicle safety standards and encourage a market for safer vehicles in Malaysia under the New Car Assessment Program (NCAP)”, said Armin Baniaz Pahamin President, PEDA. He further added, “Given the essence of NCAP, PEDA urged our Minister of Transport to withdraw all exemption and waiver given to 10 car models with more than 70 variances that did not meet the NCAP safety requirement.

1. In 2011, the Ministry of Transport issued a list of United Nation Economic Council for Europe (UN ECE) regulations for motorcar assemblers and manufacturers in Malaysia to implement by January 2012. The deadline was first extended to June 2012 (Source: NST, 13 April 2012). Todate, 70 car variances were still given exemption for non-compliance when the local car manufacturer and assembler could not meet two items on the list namely UN ECE R94 (frontal collision system) and UN ECE R95 (side collision) (Reference: http://www.jpj.gov.my/web/guest/status-senarai-kenderaan-yang-tidak-mematuhi).

2. Announced in 2007, regulation No. 94 and No. 95 of the UN ECE specifies a minimum crash safety performance for frontal collision speed of 64 km/h and side collision speed of 64 km/h.

3. The R94 and R95 are standards issued by UNECE regarding the level of protection of passengers in a car in the event of a front impact and a side impact. These standards are used for the issuing of safety ratings by the NCAP operated by regional non-profit organizations and funded by governments and/or insurance groups. 

 4. The essence behind the NCAP is to educate consumers in selecting the best crashworthy car but with 70 car variances given an exemption for non-compliance (See attached list), consumers are being blindfolded when their choices were impaired and misguided with the absentees of this safety requirement. 

5. Since the directive was issued, the exemption is still valid todate at the cost of the public’s safety and life endangerment. 

 6. The exemption by JPJ is not in tandem with the spirit under the NCAP which was a collaboration signed between the Global New Car Assessment Program (GNCAP) and the Malaysian Institute of Road Safety Research (MIROS) on 7th of December 2011 but will continue to model Malaysia as a dumping ground for foreign cars with sub-standard safety compliance. 

7. A global car manufacturer has to engineer the car to four different types of national specifications but usually it was designed in compliance to either the US specifications or the General Market specifications. There are also the European specifications and Japan specifications. The US specification is usually the most expensive because of the high safety and environmental specifications. 

 8. The difference between those national specifications is so big that some carmakers like Toyota for example produces two different models of the same car for different region. This is partly the reason why the US market has a different looking Toyota Camry and in Malaysia, most global carmakers did not conform but was given exemption from adhering to the UNECE R94 and R95. 

 9. Developing markets like Malaysia usually get the general specifications body, which may or may not comply to UNECE R94 and R95. 

10. There were 7 vehicles selected for the first phase of the ASEAN NCAP crash test based on vehicle “entry-level”, most sellable cars and its market share according to their market segment. The 7 vehicles were Honda City, Ford Fiesta, Proton Saga Perodua Myvi, Hyundai i10, Nissan March and Toyota. The ASEAN NCAP first phase test result were made public on 31 January 2013. 

11. The result however was not a good representation for the consumer and it did not achieve the overall objective of NCAP as it excludes vehicle model such as the Perodua Viva which was sold with more than 60,000 units per year and more than 95% market share in Segment A in vehicle sales category. Other vehicle models in the same category (Segmen A) namely Hyundai i10 (with less than 3% market share) were made to participate in the crash test. 

12. With such a significant car sales volume, it is important for the public to be aware and beknown of Perodua Viva’s crashworthiness that was the objective of the NCAP. Giving an exemption to any manufacturer or assemblers from NCAP compliance is akin of lying to the public by hiding the non-compliance to the global motor vehicle safety standard”, said Armin Baniaz Pahamin. 

13. He added, “Car manufacturer or distributor should not be given any exemption or waiver especially when it involve the public safety. The public’s right should not be compromised especially with Malaysia being the 3rd highest road fatality per 10,000-registered vehicle in South East Asia. 

In Thailand, all eco-cars like the Nissan March and Honda Brio (usually priced around RM40,000) already conform to UNECE R94 and R95 standards, as it is one of the requirement set by the Thai government to qualify for eco-car tax incentive. (Source: NST April 13, 2012) 

PROTON PREVE!!

Much has been spoken and it has gone viral on some of Proton Preve's quality issues especially in the cybersphere but none was spoken of the corrective measure made on those issues. Yes, the first batch came out with a list of defect but Proton engineering team had immediately rectified those issues and if there were any other arising issues, the team would probably has resolved it or perhaps, is having sleepless night working on its solution as we speak.

If you do have any problem with your Preve, do locate the nearest service centre at HERE and have it rectified almost immediately. 

Proton Preve is the best value for money for performance and is fixed with the latest gadget as part of its accessories. There is no better time to buy a Proton Preve but with the year end 5-3-5 promotion.


For discounts...

AUTOMOTIVE MANUFACTURER "GULUNG TIKAR"

FACTS: Although PROTON is now under private entity but it is still a national car and is still driven as a national project and is a major source of income to our Country. With the opposition and the public pressing against national cars and crying for the liberalization in car pricing PROTON may follow Ford's footstep soon and leave thousands unemployed.

Read more at HERE or read locally at the Star Online News at HERE.

With direct employment and its dependents of more than 100,000 people, there is no other way but for our National Cars to be on an upswing. If we do not support our national car, nobody will!!


COMPETITION ACT 2010 AND ITS IMPACT TO PROTON

The Competition Act 2010 was passed by Parliament in April 2010 and was enforced since January 2012 by the Malaysia Competition Commission (MyCC) which is an independent body established under the Competition Commission Act 2010. It's main role is to protect the competitive process for the benefit of businesses, consumers and the economy as well as to give foreign investors more confidence in the country's business practices. The Act governs all firms, including government-linked companies (GLCs) in all industry. We lauded the implementation but there are various issues that requires clarification.

What are the impact of the Competition Act to the automotive industry's current operation? Please note that this is my own interpretation of the act and the Guidelines issed pursuant to the implementation of the Act. We are seeking clarification from the Competition Commission on many grey areas. 

Among the key breaches of common practice in the automotive industry.

1. Car dealers are being forced to use Motor Insurance for its customer from Banks' subsidiary General Insurance company as a condition for the dealers to utilize the bank's facility granted to them. Although Bank has denied but in practice, car dealers are still being forced to use bank's own general insurance arm.

2. Interest Rate for Proton cars are fix akin of a concerted effort by all Banks which is higher than other automotive range (Para 2.5, Guidelines on Chapter 1 of the Competition Act 2010).

3. Although the Central Bank of Malaysia (Bank Negara Malaysia) had lifted the ceiling imposed for the dealer's Handling fees for already more than a year but all Banks akin of a concerted practice are still limiting Dealer's handling fee to a maximum RM600 (Para 2.5, Guidelines on Chapter 1 of the Competition Act 2010).

PROTON EDAR PUTRAJAYA IS AT ALAMANDA SHOPPING MALL FROM 17 OCTOBER TO 22 OCTOBER 2012!! Hurry!!

PROTON EDAR Putrajaya is located at No. 1, Jalan Diplomatic 2/2, Precint 15, 62050, Putrajaya. Tel: 03-8881 1013 Fax: 038890 2013 and due to the slow market demand, we are out to reach out to the potential car buyer by having a promotion at Alamanda Putrajaya Shopping Mall from 17 October to 22 October 2012!!

There are alot of promotions, discounts and overtrade being offer during this period. To know more, please visit our showroom or the promotion venue at Alamanda Mall.

Where is Alamanda Putrajaya Shopping Mall? Alamanda Putrajaya Shopping Centre is located at Jalan Alamanda, Precinct 1 (Presint 1), 62000 Putrajaya, Wilayah Persekutuan, Malaysia. It is less than 5km away from our Showroom To get direction, click the map below:


Point A in the map is the location for Proton Edar Putrajaya showroom and Point B is the Alamanda Putrajaya Shopping Mall.

A NATIONAL CAR FOR CAMBODIA

Last year, while I was in Cambodia for a different project, there was a discussion and proposal to re-badge and assemble Proton stable of cars as a Cambodia national car but Cambodia being a left hand drive, PROTON (previous management) mentioned that they were not interested until PROTON plant in China is completed (for the left hand drive market). Recently, a UK based automotive company, BWI Group signed a USD$2 billion Joint Venture to build a factory and manufacture Cambodia's own cars as a Cambodia National vehicle within the next three years.

I do not know if this was a lost to PROTON or otherwise but from the projected sales (by the signed JV Co) of 300,000 cars to be sold for domestic market, within ASEAN and globally... It should either be a market to be reckon with or probably an unrealistic projection? especially with a current demand of only 3,000 cars sold in Cambodia domestic car market according to Ford.

The Joint Venture was between The Kingdom of Cambodia, a Government-Link-Company ACICA Group (click HERE for details) and UK-based automotive company BWI Group (click HERE for further details). ACICA Board of Director was represented by 50% Malaysian but non were from the automotive industry (For details of ACICA Board of Directors, click HERE).

PROTON EDAR NEW CHIEF EXECUTIVE OFFICER HISHAM OTHMAN MEETS THE DEALERS

There were three prominent key factors conveyed by Hisham Othman, 3 weeks after his appointment as Proton Edar's Chief Executive Officer at the first engagement chaired by the new management since DRB-Hicom took over.

First being Integrity. Quoted PESB Chief Executive Officer Hisham Othman, "I am a paid employee and will never take any extra sen other than my paid salary!!". If anyone has any information on any unethical behaviour pertaining to Proton Edar Sdn Bhd, call me!! said Hisham Othman whom then gave out his personal handphone number and email address to all the dealers. This was the second time he repeated this statement. Once, was during PEDA unofficial engagement with Hisham when he adamantly stated that he just cannot comprehend anyone or any employee that tried to make any extra money from the company that feeds them.

Secondly, the dealers should and must always be treated as the Customer! "The dealers are the customer to Proton Edar. PROTON buyer are the dealer's and the end-customer but PESB's immediate customer are the dealers. Dealers will be treated as a customer. Gone were the days when Proton dealer's were being discriminated, managed through threats and forced-allocation (of cars irrespective of bookings and demand). 

MEMORANDUM OF UNDERTANDING SIGNING CEREMONY - STRATEGIC COLLABORATION

Bangi, 1 August 2012. I was invited to represent the automotive industry at the exchange of Memorandum of Understanding between the Government of Malaysia and various players from the automotive sector. With the exchange of MOU, the industry had also issued an offer to almost all the graduates and future graduates of those automotive students from Community College. The event was graced by the Secretary General, Ministry of Higher Education Yg Bhg Datuk Ab Rahim Bin Md Noor.
   
The function that was held at the Equatorial Hotel, Bangi was co-hosted by the Department of Community College and University Malaysia Pahang and attended by approximately 1,000 guests. The Department of Community College was also recently tasked to provide highly skilled manpower to 5 corridors namely, IRDA Economic Development, NCER, ECER, SDC and SCORE to spur related industrial development in line with the Government Transformation Plan.

After the welcoming speech by Professor Dato' Dr Daing Nasir bin Ibrahim, Vice Chancellor University Malaysia Pahang, I was asked to address the audience as a representative from the industry. Below was the text prepared just in the nick of time..

Bismillah hirahmanir rahim
 Y. Bhg. Datuk Ab. Rahim Bin Md. Noor
Ketua Setiausaha, Kementerian Pengajian Tinggi


10 DAYS COUNTING DOWN PROTON JUNE SALES CAMPAIGN TO END!! BUY PROTON NOW AND GET RM3,000 REBATE

What ???

Yes.. Up to RM3,000 overtrade!!! When you buy a Proton car in June!!

Where ???

Of course my Showroom at  HERE!!
Call: 03-88810113 or 03-88902013

When ???

Now to end of June!!!

FINAL WORDS OF WISDOM FROM DATO SRI SYED ZAINAL ABIDIN TO ALL CITIZENS OF PROTON


Well what can I say? The time has come to be separated from Dato Sri Syed Zainal. The following final words from him was translated from "Pesanan & Amanat Terakhir Dato Seri Syed Zainal", a humble man with a strong passion. During his tenure, Dato Sri whom always referred me as bro and preferred me to refer him also as Bro too never failed to aspire every individuals whenever he speak! He would hypnotized every members of the audience with his passion. His farewell speech was in Malay and I could not help but to translate it to English (dont laugh) to share his final words of wisdom with my readers. Of course, the translation would have been far better if Dato Sri were to translate it himself but nonetheless.....

**********************************************************************************
Good day, Salam 1 Malaysia and Peace be upon all citizens of Proton that I cherished. I hope this writing meets all of you in good health, joy and aspiration in carrying out our daily tasks. As all have known, I have given up my position as the Group Managing Director of PROTON effective on the 4th July, 2012. Taking into account the balance of my leave that I need to utilize, today which is Thursday 31 May 2012 will be my last day with PROTON. 

My dear brothers and sisters, 

It was very heavy for me to write this letter as a closure to more than six (6) years of my service in PROTON. I spent days staring at a blank computer screen as it appear, there are no words that can translate what I am truely deeply feeling in my heart. How could I leave something that has such a deep and meaningful impact in my life? How may I shake the hands and say goodbye to people whom I have regarded to be a member of my own family? There is no vocabulary that can express and extend my gratitude to everyone that has worked so hard in helping me performing my duty for so long. I have nothing to offer and I cannot afford to repay all the sacrifices, hard work and time that was devoted by all parties in your effort to realize the dream of PROTON without any remorse. 

DATO SRI SYED ZAINAL ABIDIN, PROTON MANAGING DIRECTOR (RETIRED)

When Dato Sri Syed Zainal first came into PROTON on 1st January 2006 taking over the  hot post from Joint-MD Dato Kisai Rahmat and Dato Kamaruzaman Darus, he called upon PEDA and the dealers to support him against 45,000 unsold stocks, the worst level of stock holding in the history of PROTON. Dato Sri Syed Zainal too inherited the burden to consolidate more than 400 over-congested showrooms in the sales network and took over when PROTON lost its no 1 position as Malaysia best selling cars.

In contrast to all previous Proton Managing Directors that would dictate on policies for PEDA and the dealers to swallow, when Dato Sri Syed Zainal was first appointed, he called and met PEDA to asked for market feedback and inquired on the network's problem. There were no PROTON EDAR Chief Executive Officer then, for more than a year. The communication was a direct channel between Dato Sri Syed Zainal and PEDA. Most of the public outcry and the dealer's issues pertaining to the low quality of cars were addressed, slowly resolved and mitigated. At this juncture, Dato Sri Syed Zainal even answered to various complain in Cyberspace and internet himself as the Managing Director. He personally attended to all the complains and directly commented on various blogosphere and cyberspace. He was also the first PROTON Managing Director that extended the manufacturer's warranty for all cars to a good 5 years (from previously only 2 years).

CAMWHORING AT PROTON CONVENTION WITH PAPARAZZI NOOR AFFENDI MOHD KARIM

Front Right: Ahmad Suhaimi Anuar (CEO/PESB), Hisham Othman (CEO/EON), Dato Sri Syed Zainal Abidin (GMD/PROTON), Armin Baniaz Pahamin (President/PEDA),  Abdul Rashid Musa (DRB-Hicom/PROTON)
Photos were compliment from Noor Affendi Mohd Karim.

If there was one community that was close enough to be called a family, then it must be the Proton Edar community!! When I was first born into the community via my appointment as a dealer in 1997, Proton Edar had less than 200 staff and the dealers operation department was only a two-man show managing 86 showroom and less than 100 service centres in the network. We were the number 1 biggest manufacturer and Perodua was second. Now.. Proton Edar employs more than 2,000  manpower with approximately more than 220 showroom and more than 200 service centres nationwide. The total direct employment in PROTON exceeded 12,000 employees and combined with DRB-Hicom's total workforce of 55,000 people, there are now 67,000 employment in DRB-Hicom eco-system.

Forget the 67,000 people, Proton Edar family has grown so big, that I even felt a stranger whenever I entered the Centre of Excellence complex in Subang Jaya. Once, I used to be able to walk into the building and recognise by name every single employee including the tea lady. The Proton Sales and Service Convention was one avenue that is important to foster the spirit of camaraderie within the community. As in every other years, all sales & service branches and dealers, those in regional offices nationwide as well as those attached at the Head Office were all united at the Glenmarie Ballroon, Holiday Inn, Kuala Lumpur. Click HERE for the first Blog on the Convention, this second blog is mostly picturesque blog. Again, thank you Noor Affendi Mohd Karim for the pictures (Click on picture to enlarge).

PROTON EDAR DEALERS CONVENTION 2012: HABIH RHENG


Francis Ong Wee Mun, Head of ROMS, Lee Lick Sai (VP/PEDA), Kamsani Ahmad (Group Marketing), Hisham Othman (CEO/EON), Kamarul Zaman (DRB-Hicom/PROTON), Armin Baniaz Pahmin (President/PEDA), Ahmad Suhaimi (CEO/PESB), Abdul Sidik Hamid (GM/PESB), Abu Lais Walli Mohamed

HOLIDAY INN, Glenmarie 19 May 2012. Contrary to previous convention which was either held at the Sunway Resort, Kuala Lumpur Convention Centre, One World Hotel or those of similar sizes, this year the dealers convention was held at a smaller grand ballroom at the Holiday Inn, Glenmarie making full use of assets under DRB-HICOM stable of companies.

That was not the only noticeable changes within the PROTON eco-system but the DRB-Hicom DNA was seen significantly visible at every corner. For a start, PROTON EDAR senior management was in the same uniform with a homogeneous neck tie... a prominent culture within DRB-Hicom (see Dato Sri Kamil and his management team's neck ties at HERE and see PESB at 2010 Convention and 2011 Convention). This is expected and more changes will be seen now that PROTON Group is a wholly owned subsidiary of DRB-HICOM. Yes, PROTON was successfully recently de-listed from the Kuala Lumpur Stock Exchange.

The function began with Dato Sri Syed Zainal Abidin in his usual humble but very inspiring self, extended his gratefulness to the whole network for the support extended to PROTON and apologized for some policies and deliverables that was slow in execution. Dato Sri Syed Zainal, whom is probably the only automotive Manufacturer in the world that shook the hand of all his 4,500 sales advisors nationwide in a gathering earlier this year said, his only passion was to make PROTON as the number 1 people's choice and Malaysia's best selling vehicle. However, he continued in a frustrated voice, "a Kelantanese would say 'Habih Rheng' doh!!" That sentence has many meaning but let us not speculate. Dato Sri Syed Zainal's most important message is for the owners of the dealer to take charge of his dealership and make changes. There is only so much that he can do but as an owner and the no 1 in the dealership's organisation, we can do much more.

SNAPSHOTS OF PROTON PREVE AT PROTON EDAR PUTRAJAYA PRESINT 15


The launching of PROTON PREVE at the Mines Malaysian International Exhibition Centre saw the Malaysia Prime Minister, Dato Sri Mohd. Najib bin Tun Haji Abdul Razak announcing the name and price of the much awaited 27 years old Proton giving birth to the latest model PROTON Preve' incorporating the latest automotive state of the art technology, design and gadgets. The price starts from RM59,540 (Manual Solid Executive), RM59,990 (Manual Metallic Executive), RM72,540 (CVT Solid Premium) and RM72,990 (CVT Metallic Premium). Available colours are Blue Lagoon, Elegance Brown, Fire Red, Genetic Silver, Tranquility Black and Solid White.



PEDA FIRST ENGAGEMENT WITH DRB-HICOM GROUP MANAGING DIRECTOR DATO SRI MOHD KHAMIL JAMIL

Barely 2 weeks after DRB-HICOM obtained its shareholders's approval for the mandatory general offer to acquire all of PROTON shares, Dato Sri Mohd Khamil Jamil called to meet PEDA and others from PROTON eco-system. Dato Sri Khamil had also met Proton Vendors Association and is scheduled to meet Proton workers union too. As the President for the PROTON Edar Dealers Association Malaysia, I led my senior executive committee that was comprised of Armin Baniaz Datuk Pahamin (President), Dato Nik Izani Dato Nik Ibrahim (Deputy President), Lee Lick Sai (Vice President), S.B. Siaw (Vice President), Malkeet Singh (Secretary-General), Dato Yahya Jaafar (Hon. Treasurer), Mohd Nor Azam (Asst. Secretary-General) and Tuan Haji Aref Borhan ( Chairman, Service Sub-Committee). Dato Sri Mohd Khamil Jamil was accompanied by DRB-HICOM Group Chief Operation Officer Dato Lukman Ibrahim, Abdul Harith Abdullah (Head, Automotive & Defence);
Abdul Rashid Musa (General Manager, Group COO’s Office), Kamarul Zaman (General Manager, Group COO’s Office), Sulaiman Yahya (Head, Corporate Communications) and Balqesh Abdullah (Manager, Corporate Communications).

PEDA Vice-President Siaw Siew Bee with Abdul Rashid Musa
PEDA Secretary-General Malkeet Singh with Abdul Rashid Musa

BANK NEGARA GUIDELINE: PEDA PRESS RELEASE



BANK NEGARA GUIDELINES ON RESPONSIBLE FINANCE- THE IMPACT

On 18 November 2011, Bank Negara Malaysia issued a guideline (BNM/RH/GL 000-5 Guidelines on Responsible Finance) to financial institutions aimed at promoting prudent, responsible and transparent retail financing practices. The guideline that  took effect on 1 January 2012 are applicable and was issued pursuant to six (6) Statutory Acts  namely, Section 126 of the Banking and Financial Institutions Act (BAFIA) 1989; Section 53A of the Islamic Banking Act 1983, Section 201 of the Insurance Act 1996, Section 69 of the Takaful Act 1984, Section 126 of the Development Financial Institutions Act 2002; and Section 70 of the Payment Systems Act 2003.

1. The guidelines that covers all form of financing from car loan to overdraft and even credit cards will give rise to loan shark and create unproductive population. When the Banks are more stringent, it provides a better opportunity for loan shark to grow. The Guidelines provide them with a bigger population and opportunity. The loan shark industry was already at its prime even before the guideline was introduced.

2. The demographic for PROTON car buyer represents the majority of Malaysia populations with low salary but earns from multiple source of income. The commitment to pay the monthly fix housing mortgage and vehicle loan repayment is in itself a drive for many to work harder to secure their employment and be promoted which in turn enhances overall productivity.

3. The income of more than 4,500 sales advisors employed by PROTON Dealers network were badly injured when the Sales Advisors were not able to earn commission from sales when their customer’s loan application were either rejected or refused for loan processing in compliance to the BNM guidelines.

4.  The guideline had severely damaged our sales with only 30% application for loan submission in January were approved. Although Malaysia Automotive Association reported a 25% drop in sales for January 2012, PEDA believe the actual drop was more as many from January sales were the spill-over from December when customer waited for the new year to register their cars and when customer had already obtained their loan financing was before the Guideline took effect in January 2012.

PEDA ROAD SHOW CENTRAL REGION DEALERS


DEALERS IN CRISIS! The PROTON EDAR Dealers Association Malaysia (PEDA) gathered the Central region dealers for a meeting to address current trade crisis with the implementation of Bank Negara Malaysia guideline on car loans, enforcement of Hire-Purchase Act amendments, the take-over of PROTON by DRB-Hicom and some operational issues faced by the dealers nationwide. This was the second roadshow after a successful gathering in Southern region on 1st February 2012 at HERE.

The gathering of Central Region dealers was held at the Bukit Jalil Golf and Country Resort, Langkawi Room and attended by majority. Peda committee was attended by me as the President, Dato Nik Izani Ibrahim PEDA Deputy President, Lee Lick Sai as PEDA Central Region Chairman, Siaw Siew Bee- Vice President, Datuk Yahya Jaafar Hon Treasurer & PEDA Southern Region Chairman, Malkeet Singh Secretary General, Liew Vee Lee- PEDA East-Coast Region Chairman, Wan Azmi Ahmad, Mohd Taib Jamin and Aref Borhan.


The full details of the meeting is available for PROTON EDAR Dealers at HERE but only accessible by PROTON EDAR DEALERS only. For PROTON EDAR dealers, pls email me at president@proton-dealers.com for access (if you do not have access).

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