The government says it will announce the National Automotive Policy (NAP) review by the end of the year, and the revised policy will ensure that the automotive industry remains competitive whilst benefitting the rakyat, Bernama reports. It will also set out to dismantle monopolies, according to deputy international trade and industry minister Dr Ong Kian Ming.
“We are reviewing the NAP and we will announce a new, more competitive policy that offers more reasonable prices for vehicles. We are also looking again at the RM10,000 fees that vehicle traders have to pay for every open Approved Permit (AP) import licence,” he told the Dewan Negara.
Ong was replying to a supplementary question from senator Datuk Chai Kim Sen on the AP fees imposed on vehicle traders, and said that the new policy will place an importance on the revamp of all monopolies in the industry.
Replying to the original question from Chai, who wanted to know whether the government planned to abolish the AP in fulfilling a Pakatan Harapan promise to reduce vehicle prices, Ong said the government had no plan to abolish the AP as it was not a factor in determining vehicle prices in the market.
He did however say that aspects of the subject would be looked into, including the exploitation of APs. “We will also adopt several stringent measures to ensure that the AP is not misused,” he said.
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Road tax based on Hp not engine cc.
Sadly, this won’t happen.
Time to do away NEP after 60 year.
We the people make this nation. Merdeka !
Time to do away multistream education after 60 years. Promote 1school type only. We the people make this nation. Merdeka !
Every year past 20 years they said going to review and abolish AP. Every year just a drama
AP holders make few hundred thousand profit on each car sold and some have few thousand AP each bought at RM10k each only
“we the people make this nation”, why not just cut straight to ‘ we the workers control the means of production”. let you marxism shine through.
The NAP has ruined Malaysians. In 1985 a Brand new Toyota Corolla in Malaysia was RM20k.
In 2018, 23 years later, the same Toyota Corolla in Malaysia (now called Altis) cost RM139k.
This is a 700% increase
But in Japan, the same above Toyota Corolla from 1985 to 2018 has only gone up 50% in price. Due to economies of scale and better and more efficient methods, car prices have actually gone down the past 23 years
So,
in Malaysia 1985 to 2018 – 700% increase
In Japan 1985 to 2018 – 50% increase
According to a study, since 1985, because of the NAP and they unecessary increase of car prices, Malaysians have overpaid RM350 billion in total for cars.
We have to thank the NAP for this.
How long does Malaysia need all these NAP and NEP? How long tongkat wanted? LEarn to work hard please.
You know why we are far far far behind Singapore despite both countries Merdeka same time?
Do you know why Singapore SGD is 3.2X RM?
DO you know why GDP Per Capita of Singapore is 6X that of Malaysia and is 3rd highest GDP Per Capita in the world?
The answer is NAP and NEP
tax on total power output as per kilowatt, give incentive rebate for least polluting lowest carbon emission.
How long Malaysians have to suffer with overpriced cars? These are the bad corrupted practices brought down from the previous corrupted Government.
Pity PH, have to maintain high car prices because they need the money to repay all the corruption that has gone on the past 63 yrs
Wow. That is worst excuse ever. Walk the talk pls.
Once we abolish AP, you will see car prices going down a lot
In fact I think you have the best solution here. Tiered by OUTPUT, rebate by LESS POLLUTION.
Horse power will degrade as years pass by, does it mean that I pay lesser tax in the next few years?
Everyone shall expected to pay more tax on degrading inefficient internal combustion engine as years pass by, otherwise get new car even better get electric vehicle.
Roadtax Charge based on CO2 emissions
Selfishness to protect owns pocket but neglecting the environment and don’t mind fall sick cancer which should be preventive from the right action beginning.
Mana janji harga kereta turun? Ptuiii.. penipu ..
Turun sini.
https://paultan.org/2016/04/07/harga-kenderaan-dijanga-turun-pada-2018-azalina/
politicians cant be trusted
NAP 2018, it’s a fool. Big data, lifestyle, mobility… it’s all jokes… ;D
Define competitive. Making ailing company like proton competitive?
No. Market ailing competitive like Toyota market share
Still above proton.
But far below Geely
Lazy Proton workers still glorified and still want to tumpang glamour Geely.
Geely do all the hard work and Proton claim fame
Toyota so expensive also in Malaysia and yet, the sales more than Proton.
Proton sales in 2010 was 200,000 a year. Now, 50,000 a year. How not to laugh???
No. Market ailing competitive like Honda market share
Another new NAP or not, what happened to Malaysia commitnent and promise made in 2015 to upgrade RON95 petrol to Euro 4M standard (from Euro 2) by October 2018?
So far no news at all for the past 6 months.
October is fast approaching.