News dalla rete ITA

22 Ottobre 2021

Malaysia

PART 2: CHIP, PARTS SHORTAGE HITS CAR SALES

"This may affect the momentum of vehicles production towards the year-end. However, Malaysia is part of the semiconductor supply chain, and the gradual lifting of restrictions domestically has eased the shortage of chips globally," he said. Madani said using data-driven decision-making in production planning, constant customer communication and value chains could be the best course of action to mitigate supply chain risks. "The International Trade and Industry Ministry and its agencies are looking towards new strategies to further mitigate problems due to this shortage, including government to government engagement, government to business engagement as well as facilitating the use of big data management technologies in production planning," he added. Malaysian Automotive Association president Datuk Aishah Ahmad said new vehicles registrations from September were expected to rise due to the re-opening of the Road Transport Department premises and continued SST exemption. "We maintain our TIV forecast of 500,000 for 2021. Although we are still behind our target, we believe consumers' confidence doesn't return in total. People are still hesitant about the recovery as many have lost their jobs and some have experienced salaries cut during the pandemic," she told the NST. Nonetheless, she said new cars' movement (production and delivery) would be easier as most assembly plants in the Klang Valley had resumed at full capacity. She said not all car manufacturers were affected by the chip shortage, but rather certain brands and models. "We work closely with original equipment manufacturers and suppliers to fulfil the production of new vehicles, and the situation is gradually improving," she added. Malaysia's new vehicle sales dropped 23.3 per cent to 44,275 units in September from 57,758 units a year ago. Year-to-date, registration for new vehicles eased 7.3 per cent to 318,874 units from 344,019 units in the nine months of 2020. Kenanga Research analyst Wan Mustaqim Wan Ab Aziz has maintained a "Neutral" call on the automotive sector with a TIV target of 460,000 units for 2021. "We believe the recovery begins in the fourth quarter of 2021 on the back of economic reopening and the usual year-end promotional campaign," he said. Kenanga Research expects a more robust recovery next year with TIV forecast of 600,000 units, driven by more relaxation of standard operating procedures in the post lockdown (endemic phase). "This could revitalise local travel, which should push demand for passenger vehicles especially the affordable national marques as well as recovery in semiconductor chip supply,' Wan Mustaqim said. (ICE KUALA LUMPUR)


Fonte notizia: Kuala Lumpur, 22.10.2021