
Honda Malaysia Sdn Bhd has just issued a statement – they are quite pleased with the government’s decision to extend import duty and excise duty exemption for hybrid vehicles until 31st December 2011 with excise duty to be given full exemption. An internal review will be done and a new revised price structure for the Honda Civic Hybrid will be announced when the internal review has been completed.
Interestingly, Honda Malaysia also said that it is also looking to extending its hybrid vehicle line-up. Other than the Civic Hybrid, Honda also has the Honda Insight, Honda CR-Z, and the Honda Jazz Hybrid in its stables. Which would you rather see launched in Malaysia?
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In today’s Budget 2011 announcement, the PM has announced that import duty and excise duty is now FULLY exempted for hybrid and electric cars and motorcycles until the end of the year 2011.













