The Malaysian government is cutting taxes under its long-awaited new National Automotive Policy (NAP) but also freezing production expansion until existing capacity is reached. The import duty on Association of Southeast Asian Nations (ASEAN) completely built-up (CBU) vehicles is being reduced immediately to 5% – a level the Malaysians initially aimed to reach by Jan.1, 2008, under the ASEAN regional trade pact. CBU cars from non-ASEAN countries will see taxes cut between 5% and 30%. ...
Premium Content (PAID Subscription Required)
"Printer-friendly" 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- andheavy-duty truck volumes
•Historical data and much more!
Current subscribers, please login or CLICK for support information.