(Recasts with additional comments by officials, details) By Jalil Hamid KUALA LUMPUR, Dec 24 (Reuters) - Malaysia will cut duties on cars imported from other Southeast Asian nations from Jan. 1 but raise excise duties and ensure local car makers still enjoy some advantages, officials said on Friday. The finance ministry said in a statement it would cut import duty to 20 percent, from rates as high as 190 percent, to meet the free-trade rules of the 10-member Association of Southeast ...
Premium Content (PAID Subscription Required)
"UPDATE 2-Malaysia rejigs car taxes, scraps Proton rebate" 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.