The long-talked about Vehicle End of Life policy, first brought up at the end of 2009 and which resurfaced in another (proposed) form as the Cash for Clunkers scrappage scheme earlier this month, is apparently far from becoming a reality.

In response to a question, Minister of International Trade and Industry Datuk Seri Mustapa Mohamed said at the just-concluded National Automotive Policy (NAP 2014) status update that “the public is not ready” for such a scheme or policy, although he did not elaborate.

The Malaysia Automotive Institute (MAI) said recently at its 2014/15 review and insight on the local automotive landscape that a Cash for Clunkers scheme could increase the Total Industry Volume (TIV) to 750,000 units, although it has been quick to add that the government has not yet approved such a scheme.

In 2007, Proton introduced its own Proton Xchange Programme before discontinuing the scrappage scheme at the end of 2009. The Malaysian Automotive Association (MAA) has also lobbied for such a programme to be implemented with annual sales of cars increasing, leading to more severe traffic congestions.