Automotive

Published on April 1st, 2019 | by Daniel Sherman Fernandez

0

AP Kings happy as NEW AP holders being investigated


Looks like our AP article on the 7th of March 2019 has gotten the attention of the The International Trade and Industries Ministry (MITI) and we now hear that the Deputy Minister Ong Kian Ming and his team will conduct a detailed review on the 36 new companies receiving approved permits (AP) to import vehicles.

This comes after the ministry has receivedcomplaints and reports that some of these companies did not comply with theconditions to receive AP.

The previous AP Kings that have beenbusiness with large proper showrooms, sales outlets and heavy investment inmanpower to sell reconditioned vehicles are happy that the new 36 AP holdersare being investigated as the reconditioned car market is NOT having its bestdays this past year as profit margins get squeezed due to lower currency exchangeand the ‘push’ by foreign car brands like BMW, Mercedes-Benz and Audi who are offeringvery good new car pricing with great in house financing rates and better aftersales and longer warranty programs.

It is the recon/used MPV and SUV segmentsthat continue to fuel the approved permit business, namely the Toyota Alphard,Vellfire, Estima and the Range Rover, Bentley, X6, Cayenne and Macan whichcontinue to attract Malaysian buyers away from new imported warrantied cars.  

The36 NEW AP companies that will be checked by MITI are as follows:

  1. Ameran Motor Sdn Bhd,
  2. Aspirasi Utara Sdn Bhd,
  3. Bayangan Dinamik Sdn Bhd,
  4. Bumi Muhibah Motors Sdn Bhd,
  5. D One Motorsports Sdn Bhd,
  6. Dee Z One Auto Sdn Bhd,
  7. Erakars Sdn Bhd,
  8. Farekna Auto Sdn Bhd,
  9. Faresh Motor M Sdn Bhd,
  10. Go Daddy Motorsports Autotrade Sdn Bhd,
  11. Greater Tampin Sdn Bhd,
  12. Immonaaz Sdn Bhd,
  13. Ingress Auto Sdn Bhd,
  14. Izuwan Automobile Sdn Bhd,
  15. JLA Motorsport Sdn Bhd,
  16. Kuala Lumpur & Temasek Enterprise Sdn Bhd,
  17. MJ Motors Sdn Bhd,
  18. NJ Resources Sdn Bhd,
  19. Noble Country Sdn Bhd,
  20. Northmont Capital Sdn Bhd,
  21. Paccar Motor Sdn Bhd,
  22. PMSK Sdn Bhd,
  23. Premium Proaktif Sdn Bhd,
  24. Proedar Auto (M) Sdn Bhd,
  25. Promacro Sdn Bhd,
  26. Sakan Auto Sdn Bhd,
  27. Sayap Niaga Sdn Bhd,
  28. Serangkai Automobiles Sdn Bhd,
  29. SH Warisan Cergas Sdn Bhd,
  30. Shawna Integrated Sdn Bhd,
  31. SRS Automobile Sdn Bhd,
  32. SS Luxury Auto Trading Sdn Bhd,
  33. Suria Motor (M) Sdn Bhd,
  34. Tahap Puncak Sdn Bhd,
  35. Teras Sari Auto Sdn Bhd
  36. Tifosi Uno Sdn Bhd.


About the Author

www.dsf.my is a service to the public and other website owners. www.dsf.my is not responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to, or reliance on any information contained within the site www.dsf.my. While the information contained within the site is periodically updated, no guarantee is given that the information provided in this website is correct, complete, and up-to-date. www.dsf.my is not responsible for the accuracy or content of information contained inside.



Leave a Reply

Your email address will not be published. Required fields are marked *

Back to Top ↑