Auto policy makes big pitch to lure energy-efficient vehicle manufacturers


Perodua has opened a showroom in Bukit Beruntung, Selangor, that doubles as a training hub for its sales force before they are posted to their respective showrooms nationwide. The outlet is located 10km from its headquarters and plant.

THE national automotive policies over the years had their fair share of hits and misses. Apart from addressing the price of imported cars, predominantly from South-East Asia, they have tried to bring modern practices apart from limited liberalisation of the auto industry.

But the biggest failure of past policies has been in attracting foreign car companies to set up manufacturing plants in the country. And the latest version of the National Automotive Policy (NAP) aims to correct that.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , NAP , industry , issues

   

Next In Business News

Aneka Jaringan unit secures RM39mil contract for KL project
Xin Hwa says transport unit's vehicle operator licence suspended
T7 Global unit bags ExxonMobil contract
FBM KLCI lifts as investors shop for oversold blue chips
Australia's central bank holds rates, stays vigilant on inflation
Toyota to post first profit drop in 2 years as demand cools after big run
China's services activity picks up as conditions improve, Caixin PMI shows
Ringgit opens higher as US$ weakens post-NFP data
Bursa Malaysia drifts sideways as investors await start of US election
Trading ideas: SD Guthrie, Dayang, Datasonic, Elridge, Genetec, MN, Bina Puri, Bintai Kinden, MCE, BHIC, Carimin, Tuju Setia, Khee San

Others Also Read