MITI has gone back on its decision to implement a Vehicle End-of-Life Policy for now. An intention to implement such a policy had been announced when the ministry released its NAP Review 2009 earlier this month. The Ministry of Transport was to come up with a road map of the policy’s implementation, but the first step was to introduce a mandatory vehicle inspection for your road tax to be renewed annually.

So we don’t have to worry about them taking away our old vehicles after a certain amount of years, or being hassled with an inspection every year. Personally I feel that we are not ready financially for a scrap policy, but vehicle inspection could have been a good idea, if implemented with spaced out intervals such as every 3 years instead of every year. It’s good news but not all good news, as the ban on used part imports from June 2011 still stays.

Related Posts:
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Import of used parts to end June 2011
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Full NAP Review text released by MITI
National Automotive Policy 2009 Review Results