Wednesday, February 25, 2009

Auto World: My Story

Recently, I received many questions pertaining to my job. Whether the concern was the gesture of sympathy or something else, it's Allah to decide.

Sometimes I just felt irritated, while in the positive mode, I should be grateful because at least there are people who are still concern about me.

Indeed, in this current situation, popular questions posed, amongst others are
"How's Toyota, any lay off/retrenchment?", "Market is down. How's Toyota doing?" or maybe in polite manner like... "How's your job?"

Most of the time, I just smile..
Nothing I can do to change the perception. Nor can I blame them for what they are thinking.
Whole world is down, can I say Malaysia against the odd?

Perhaps this article can answer the question.
"The Japanese Kaizen system says gives no power without responsibility. “ I have never heard of layoffs in Toyota. Toyota does not employ unnecessary people or create positions unnecessarily. But, once employed, the Toyota employee works for a lifetime,” says Kasahara. The level of job security runs high. But that does not mean that they continue with redundant people or that non-performers can stay."

Deep inside my heart, all I can do is pray to Allah..

*****************


Automotive is one of the top 3 most affected industries. First being electronic, the 3rd is property. And it is a vicious cycle, whole system will be brought down, hard & strong..no exception.
I will tell you why later..

Yesterday, there are some hope which may boost the auto market. I lauded Government for doing that. I believe more to come, to support this market.

Since I am very much involved in this, let me illustrate something.

In 2008, about 500,000 vehicles were sold. In my rough calculation, take average of sales tax of RM5,000 per vehicle & excise duty of RM10,000. Mind you, this is very conservative & minimal estimation. It definitely higher that that..because 50% of the market are non-national (other that Proton, Perodua & Naza)
Just an example, excise duty for Vios & Camry are RM20,000 & RM50,000 respectively!!

It is RM15,000 x 500,000 units = RM7.5bil.
My guts feeling..government enjoyed more that RM10bil alone from auto industry.

Toyota hit 100,000 units in 2008.
Meaning averagely additional excise duty & sales tax of RM50,000 per Toyota or
RM5bil in total.

* So guys, please don't blame Toyota for the high price we quote.
If still, what you can do is to compare the price of Peninsular against Labuan/Langkawi (duty free).
The difference is what Government received.
Ie: Vios/City high-grade priced @ RM60,000 ++ while Camry/Accord high-grade @ RM90,000++

Thinking of buying one? Please migrate over there...hehehe...

Back to the topic, forecast sales volume might be down as bad as 20%.

If that is the case, even Government will lose few billions from the taxes & duties.
As for finance industry, means they also need to content with lower revenue from lesser auto loans.



Maybe that is why we can see BNM already announced the cut of interest rate.
So the next industry ie: property will be well-prepared to face any circumstances.

Again, if property industry slump, Government, finance & all related parties will also fall in revenue.

I am not going to go into details, coz that will definitely haunt you.
Even so-called secured jobs are not spared. My apology.

Well, I am not taking any revenge, sincerely.
This is just an open explanation, in the hope we all aware what is happening around us..
And strengthen our believe that Allah who gave us rezeki...


So, to my friends..no worries..
Believe in Allah, not anybody else...

Wassalam..

6 comments:

Unknown said...

Alhamdulillah...bukan senang nak cari kerja kan, so ikhlas kan diri walau sebanyak mana pun keje

kuizikel said...

hidup vios...eh ape kene mengene..hehehehhe

Adli said...

once menteri MITI propose insentif tu baru la public (termasuk aku) tau industri auto affected jgk rupenye. MAA yg mmg dah lama suggest of course sokong. kite tggu jela the rest of the pakej 10 mac ni najib nak ckp ape. kereta buruk aku tu pun affected jgk ni

rsnye aku xdgr lg toyota buat ape2 psl cost-reduction exercise mcm honda kat jepun sana. betul2 'Kaizen' lah..blh la aku bangga ade kwn kerja kat kompeni sehebat ni.

kalau niat utk kerja tu baik wlw kat kompeni mana pun, insya allah dipermudahkan rezeki. kalau directly affected pn, itu ujian tanda sayang. mungkin kita bole mula dgn kurangkan mengomel/komen tak membina dan tingkatkan lagi keikhlasan.

aku suka la statement Kahara tuh ;)

Anonymous said...

betul betul betul..

Langit Jiwa said...

ala, kalo beli keta kat langkawi or labuan pun nak duk semenanjung balik nanti kena tax mahal jugak..

otherwise like u've said la ciki, migrate over there, n don't come back!! hehe..

Abu Humairah said...

nurman,adli: alhamdulillah ala kulli hal...

kui: ade kait...ko beli le vios sebijik,bantu2 kami ni..hehe..

nad: betul ke?? (ipin punye tone)

dent: mtk le transfer sana..kalo bercuti bole tumpang umah ko...hehehehe