Perodua says phased-in cuts to help it gear for competition.
Malaysian car prices will be scaled back gradually until 2017 to fulfill a government election campaign promise to reduce vehicle costs 20% to 30% over five years. International Trade and Industry Minister Mustapa Mohamed says prices of 10 popular models have fallen an average 7.3% since October as a result of greater efficiency and competitiveness in the industry. The government’s Bernama news agency quotes Mustapa as telling reporters the price rollback should be done in an ...
Premium Content (PAID Subscription Required)
"Malaysian Car-Price Rollback Plan Gets Green Light" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.