Thursday, March 23, 2006

Malaysia's New National Automotive Policy

Malaysia's National Automotive Policy has been announced. Here is the full text posted at Business Times.

News coverage can be found here :
Bernama and Business Times and Dow Jones.

C.S Tan from the Star is suggesting that Cheaper cars under National Automotive Policy. He mentions that..

Among the major moves under the NAP are:

  • Doing away with Approved Permits (APs) by Dec 31, 2010
  • Establishing only two national manufacturers
  • Preventing the import and sale of sub-standard vehicles
  • Banning the import of re-conditioned (second-hand) cars by Dec 31, 2010 except for personal usage
  • No new manufacturing licences until overcapacity in the domestic automotive sector is resolved

Related Stories in the Star:
Car prices may drop
Motor industry happy with new policy
Designed to revv up auto exports
Auto players to discuss finer points with ministry

And Chip from Motortrader.com.my is already raising some concerns regarding this new NAP in the Motortrader forum

3 comments:

Anonymous said...

ha ha ha , moola get ready for the invasion of your blog. When the dickhead start talking they gonna cause you chaos.

tmyhwk, any good tips to make million million?

Moolah said...

Hotcili60,

This is not a problem at all with me. All it takes is one click of the mouse to delete their idiotic comments.

Truly sad that LOSERS like this exist.

Cheers dude!

Moolah said...

Oh...

And the most laughable thingy is that they DARE NOT post in their normal nick!

What a LOSER!