(Adds details, quotes) By Jalil Hamid KUALA LUMPUR, Dec 31 (Reuters) - Malaysia cut import duties on cars on Wednesday, a year ahead of schedule, but imposed excise duties of 60-100 percent to help offset the revenue fall. The changes, which had been hoped for sooner rather than later and will see import duties lowered to 70-200 percent for fully imported models and to 25-35 percent for locally assembled units, will take effect on Thursday. Southeast Asia's second biggest car market, ...
Premium Content (PAID Subscription Required)
"UPDATE 1-Malaysia lowers car import duty, imposes excise duty" 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!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642