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Local News · Page 117

Cars

MITI finalising New Customised Incentive Mechanism

The investment, trade and industry ministry (MITI) is finalising the New Customised Incentive Mechanism (NCM), Bernama reports. NCM is a vehicle tax and incentive system that's expected to be fixed, fairer and …

Cars

SAIC Motor Malaysia appoints Hoffen Teh as COO

SAIC Motor Malaysia (SMM) has announced the appointment of Hoffen Yih Ben Teh as its new chief operating officer (COO). SMM says that the appointment reflects its commitment to reinforcing its leadership …

Cars

Malaysia now has over 4,100 EV chargers nationwide

Malaysia now has at least 4,100 public EV chargers nationwide, deputy prime minister and energy transition and water transformation minister Datuk Seri Fadillah Yusof has said, according to a Bernama report. The …

Cars

Market determines car prices, not the gov’t – MITI

The investment, trade and industry ministry (MITI) has said that car prices in Malaysia are market-determined and not controlled by the government, which has provided various incentives and tax breaks for locally-assembled …