Car prices to come down… But not so soon

March 24th, 2006 at 11:33am tiger Entry Filed under: Auto News

News From BizTimes : Malaysian Automotive Association (MAA) president Datuk Aishah Ahmad said industry players, including Proton Holdings Bhd, would soon pass on the savings from lower excise and import duties to consumers.

“Whatever gains we reap from the new tax structure will be passed on to the consumers.

“Industry players are willing to lower their prices,” Aishah toldBusiness Times yesterday.

“Whatever gains we reap from the new tax structure will be passed on to the consumers.

“Industry players are willing to lower their prices,” Aishah toldBusiness Times yesterday.

She added that basically, passenger cars produced in the region will almost immediately see a price cut.

Consumers may have to wait a little while for the new prices to come into effect, Aishah said, as players need to properly compute the possible changes from the new duty structure.

Does this mean The time we can afford cheaper imported car has arrived? I wonder after this NAP will proton or perodua car sales going to drop? But for sure both car manufacturers price going to come down else how they going to compete with other car manufacturers?

Category : Auto News

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