The Malaysian government beginning Jan. 1 will cut import duties on vehicles from the 10-member countries of the Association of Southeast Asian Nations (ASEAN) to 20% from as much as 190%. To make up the loss of revenue, the government is bumping excise duties to as much as 250% from a current low of 60% to ensure its national car companies continue to enjoy advantages over imports. Prices of Malaysia’s Proton national car will be on par with imports. The import tax reduction will ...
Premium Content (PAID Subscription Required)
"Malaysia Cuts Import Car Tax, Hikes Excise Duties" 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.