Showing posts with label analysis on aam. Show all posts
Showing posts with label analysis on aam. Show all posts

Wednesday, August 31, 2016

Analysis: Why the Automobile Association of Malaysia has hit rock bottom

The middle of August 2016 will go down in Malaysian Automotive history as a black spot. We have Suzuki closing its motorcycle assembly plant here in Malaysia and the Automobile Association of Malaysia's (AAM) operations crashing to a halt. Suzuki states that there is weak local demand for their small CKD products and AAM have not paid their employees over the past 4 months with a lot of their offices closed. These two are just a few changes happening to our Malaysian economy as a whole.