>> ASIAONE / MOTORING / NEWS / STORY
Thu, Oct 29, 2009
The Star/Asia News Network
Government announces complete overhaul for automotive policy

KUALA LUMPUR, MALAYSIA - The National Automotive Policy (NAP) has been comprehensively overhauled to ensure a healthier automobile industry.

However, there was no indication if there would be any reduction in the price of cars.

Measures to be implemented under the revised NAP include:

>Termination of open approved permits (APs) from 2015.

>Prohibition of the import of used cars from 2015, and used automotive parts and components from June 2011.

>A policy for the scrapping of old vehicles, and mandatory roadworthiness inspections for vehicles aged 15 years or older before road tax renewal.

>Lifting of the freeze on manufacturing licences for passenger vehicles with engine capacity of 1,800cc and above, and priced not less than RM150,000 (S$61,530).

>Incentives for local assembly and manufacture of hybrid and electric vehicles and their components.

>A new strategic partnership between Proton and a globally-established original equipment manufacturer (OEM).

 

 
STORY INDEX
 
  Government announces complete overhaul for automotive policy
   
 
  China to launch case against US Big Three automakers
   
 
  Ford prefers Geely as bidder for Volvo
   
 
  Japanese solar car wins race across Australian outback
   
 
  Malaysia tries to lure European car makers
   
 
  Honda nearly triples outlook
   
 
  Long road ahead for China's green cars
   
 
  Chrysler to drop own models for Fiat
   
 
  ERP rates to increase by 50-100%
   
 
  Mazda's Thai teaser
   
>> RELATED STORY
Malaysian cars better built this year: JD Power
China to be largest auto market in the world
Lighter cars, more efficiency, aluminum makers say
China auto output tops 10 million for first time
Number of cars in China could be capped

Elsewhere in AsiaOne...

News: Want to buy a car? Read this first

Business: Gearing up for greater success

Just Women: There for the girls, not the cars

 

We welcome contributions, comments and tips.
a1motor@sph.com.sg