Live Breaking News & Updates on Fmccam

Stay informed with the latest breaking news from Fmccam on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Fmccam and stay connected to the pulse of your community

CarSifu revs up with FMCCAM

PENANG: CarSifu, a wholly-owned subsidiary of Star Media Group (SMG), has inked a memorandum of understanding (MOU) with the Federation of Motor and Credit Companies Associations of Malaysia (FMCCAM) to rev up its unique offerings that will give consumers more options when it comes to purchasing pre-owned cars.

Malaysia , Chung-eng-lee , Datuk-tony-khor , Johari-kassim , Alex-yeow , Saifuddin-nasution-ismail , Chow-kon-yeow , Khoo-kah-jin , Credit-companies-associations-of-malaysia , Berjaya-hotel , Federation-of-motor , Star-media-group

Yeow: Tong's take on Matang deal inconsistent with EGM circular

PETALING JAYA: Star Media Group’s (SMG) Alex Yeow has expressed surprise over an analysis by Tan Sri Tong Kooi Ong on the deal by SMG Bhd and Matang Bhd.

Malaysia , Bursa , Turkey , Petaling , Malaysia-general- , Alex-yeow , Matang-bhd , Star-media-group , Edge-communications-sdn-bhd , Edge-communications , Tan-sri-tong-kooi-ong , Companies-associations

'We are committed to streamlining work permits for foreign workers,' Home Ministry tells FMCCAM

GEORGE TOWN: The presence of foreign workers in our industries has been a crucial factor in driving economic growth and meeting the demands of various sectors, including the motor industry, says Home Minister Datuk Seri Saifuddin Nasution Ismail's political secretary Johari Kassim.

Malaysia , Saifuddin-nasution-ismail , Chow-kon-yeow , Johari-kassim , Khoo-kah-jin , Alex-yeow , Chung-eng-lee , Datuk-tony-khor , Berjaya-hotel , Credit-companies-associations-of-malaysia , Star-media-group , Federation-of-motor

Better road tax mechanism in the works, says Loke

KUALA LUMPUR: A more efficient and convenient road tax acquisition mechanism will be introduced after Chinese New Year, with details to be announced soon, says Anthony Loke.

China , Kuala-lumpur , Malaysia , Selangor , Chinese , Anthony-loke , Federation-of-motor , Credit-companies-association-on-friday-jan , Credit-companies-associations-of-malaysia , Chinese-new-year , Transport-minister , Companies-associations

Used-car sales expected to slow in 2023

While 2022 has been a remarkable year for both new and used-vehicle sales in Malaysia, stakeholders are expecting a slowdown in 2023 due to anticipated slower economic growth and further interest rate hikes, as well as dampened consumer sentiment as a result of inflationary pressures.

Malaysia , Datuk-tony-khor , Federation-of-motor , Credit-companies-association-of-malaysia , Companies-association , Auto , Secondhand , Vehicles , Sales , Fmccam , Mytukar , Tiv

Govt may extend vehicular sales tax exemption to aid automobile industry's recovery, says Dr Wee

PETALING JAYA: The Government may extend the sales tax exemption for new vehicles to aid recovery for the automobile industry, which has been facing many challenges during the lockdown, says Dr Wee Ka Siong.

Petaling , Malaysia-general- , Malaysia , Datuk-tony-khor , Federation-of-motor , Credit-companies-associations-of-malaysia , Transport-minister , Companies-associations , Transport-ministry , Digitalisation-blueprint , Federation-of-motor-and-credit-companies-associations-malaysia , Fmccam

Used car dealers embrace digitalisation to keep up with the times

The industry was able to transact 90,000 vehicles a month via eAuto platform.

Tony-khor , Federation-of-motor , Credit-companies-associations-of-malaysia , Companies-associations , Digitalising , Eauto , Used-cars , Fmccam ,

Wee: Car sales not affected

PETALING JAYA: The automobile industry’s early effort in adopting online transactions gave handsome returns as car sales have not been affected despite the Covid-19 pandemic, says Datuk Seri Dr Wee Ka Siong.

Petaling , Malaysia-general , Malaysia , Datuk-khor-chong , Serahan-tukar-milik , Sistem-tukar-milik-sementara , Federation-of-motor , Credit-companies-associations-of-malaysia , Transport-minister , Companies-associations , Temporary-ownership-transfer-system , Road-transport-department

Industry driven by strong sales

Vehicle saless
PETALING JAYA: Sales of used cars, which have remained solid in the first quarter of this year, are expected to maintain its steady momentum at least until the first half of 2021, led mainly by the on-going sales tax exemption on vehicles.
On a year-on-year basis, Federation of Motor and Credit Companies Association of Malaysia (FMCCAM) president Datuk Tony Khor (pic below) said sales of used cars have been better in the first quarter of 2021, compared with the same period last year.
“The better sales can be attributed to the tax holiday, ” he told StarBiz.Khor added that the economic uncertainty created by the Covid-19 pandemic had also spurred used car sales.

Malaysia , Petaling , Malaysia-general , Malaysian , Datuk-tony-khor , Starbiz-khor , Federation-of-motor , Malaysian-automotive-association , Credit-companies-association-of-malaysia , Companies-association , Auto , Used-cars