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Malaysian used car dealers to launch on-line trading platform October

POSTED BY Yamin Vong ON 08 June 2018


1,000 of Malaysia’s biggest used car dealers descend on Ipoh this weekend to hear about their upcoming on-line trading platform

By Yamin Vong


It’s Never Too Late could be the theme of this year’s annual general meetings of motor and credit associations in Malaysia.

About 1,000 used car dealers in Malaysia will converge at the Kinta Waterfront Hotel in Ipoh to celebrate two AGM’s this weekend to learn more about the social media initiatives that will be launched by the Federation of Motor and Credit Companies Associations of Malaysia (FMCCAM).

The main host of the AGMs is the Perak Motor and Credit Association which will hold its 42nd Annual General Meeting and annual dinner on Saturday under the chairmanship of Datuk Cheng Yit Weng.

On Sunday, the FMCCAM which is the umbrella organization for all the motor and credit associations in Malaysia will convene its 40th AGM where its president Datuk Tony Khor Chong Boon will unveil the social media and digital platforms to drive the motor and credit community into the world of mobile apps.

The guest of honour is the new Minister of Transport, YB Anthony Loke, but he’s busy and will be represented by Dato’ Sri Shaharuddin Bin Khalid, the Director General of the Road Transport Department.

“For the Ipoh AGM, we’ll present details of the FMCCAM’s cooperation with Thailand and Indonesia’s used cars dealers association. This is in the spirit of the Asean Economic Community and the Asean Automotive Alliance,” Khor told Motorme.my

“Over the years, FMCCAM has had a good and cooperative relationship with the government to reduce as much red tape as possible in loans, licenses and regulations.

“This is what we call a “smooth sailing” relationship. Whether it is a new car or a used car dealer, we treat every one of our members equally, and we try our best to always work in the best interests of our members.

“At the same time, we are keeping pace with the times through a combination of methods such as setting up websites, mobile phone applications and WeChat to increase consumer confidence, especially in buying used cars.

“These achievements are not just about moving forward, but we have to, step by step, create a conducive environment for the development of our industry.


“This year, FMCCAM has set up an official Facebook account to share the industry’s latest news and related articles from time to time for circulation among members and the public. At the same time, this event will be uploaded to Facebook so that everyone can be connected online; communicate and share the joy of the event. So, we welcome everyone to LIKE the FMCCAM Facebook page, and keep up with our latest news!


“This coming October, FMCCAM will be launching a nationwide online auto trading platform to share information on car dealerships and car sales so that we can approach our consumers in a more professional, transparent and honest manner. This move will not only drive the business of our members, but it will also minimise fraudulent car transaction,” he said.

Dato Tony Khor, president of the Federation of Motor and Credit Associations of Malaysia.