The Malaysian Automotive Assn. wants the government’s scrappage scheme for older cars extended to all locally produced or assembled vehicles. The government is financing 50% of the plan, which pays owners of vehicles at least 10 years old MR5,000 ($1,354) to turn them in and purchase new cars from national auto makers Proton Holdings Bhd and Perusahaan Otomobil Kedua Sdn Bhd (Perodua). The auto makers will finance the other 50%. The program was introduced as part of an economic stimulus ...
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