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DRB-HICOM plans to aggresively start CKD operations following the announcement of the National Automotive Policy in order to capitalise on new opportunities and incentives that arise directly or indirectly through the new policy. DRB-HICOM’s company […]
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Government not happy with minimal car price reduction
We’ve seen some effects of the new National Automotive Policy only 3 days after it was announced. Most manufacturers have announced that their CKD vehicles would cost less. Proton says it would cut prices between […]
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NAP After-Effects: Mercedes Benz CKDs cheaper, CBUs to cost more
DaimlerChrysler Malaysia is reducing the prices of it’s CKD Mercedes Benz luxury cars across the board in the range of 6.5% to 10%, with immediate effect. DCM CEO Datuk Frank Steinleitner gave some examples of […]
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Khazanah may take Proton private
Khazanah Nasional Bhd may be considering taking some government-linked companies private to help with their restructuring process in order to achieve KPIs. Earlier this week, K&N Kenanga had already speculated taking Proton private may be […]
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NAP After-Effects: Proton to reduce prices
Proton M.D. Syed Zainal Abidin Syed Mohamed Tahir told press today that Proton would be reducing the prices of it’s cars across the board by 2% to 5%. Proton also aims to increase it’s local […]
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Satria Replacement Model in April?
A report by New Straits Times says Proton expects to launch a new model in April. This could most likely be the SRM as I don’t think there’s any possibility of a Perdana based on […]
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NAP Tax Rates
Here are the new National Automotive Policy tax rates as of 22nd March 2006.
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Joke of the day millenium
The Government had never supported us and did not give us a chance. It must assist us now and I hope that it will be done. The above line was quoted by PEKEMA president Datuk […]
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Thoughts on the National Automotive Policy
The new National Automotive Policy was released on the 22nd of March 2006. We’ve waited in anticipation for it for quite some time now. Most of us are primarily concerned on how it will affect […]
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NAP After-Effects: Perodua reduces prices
With the new tax structures and policies of the National Automotive Policy, Perusahaan Otomobil Kedua Sdn Bhd (Perodua) announced price cuts of between RM800 to RM1500 per vehicle, which translates to about 2% to 3% […]
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NAP After-Effects: Toyota cars to be cheaper
We’ve just seen one of the first effects of the new National Automotive Policy. UMW has just announced it’s passanger cars will be cheaper by 5.6% to 11% with the new tax structure, however MPVs […]
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Malaysia National Automotive Policy
You will find after the jump the full text of the new National Automotive Policy, reproduced verbatim. Have had no time to read through it in full yet. Will post about it tonight. For now, […]
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National Automotive Policy News Flash
This just in. The government will progressively phase out the Approved Permits system, with complete abolishment by December 2010. Import tariffs for ASEAN vehicles under the ASEAN Common Effective Preferential Tariff will be reduced to […]
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Suzuki Swift CKD in 2007
[ UPDATE: Click here to read a test drive report of the new locally assembled Suzuki Swift! ] [ UPDATE: The locally assembled Suzuki Swift CKD has been launched in Malaysia and goes for RM71,943.50 […]
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National Automotive Policy preview by Mayban Securities Research
Mayban Securities Research predicts incentives given by the government to increase competitiveness of the local automotive industry would amount to RM27.5 billion over a 5 year period, which is about RM5.5 billion a year. The […]