After revealed Malaysia Budget 2010 on last Friday. Yesterday, MITI revealed it’s revised of National Automotive Policy (NAP). The revision of NAP has addressed most of its business opportunity, bumiputera privilege, protection, proton, surprises and policy that might attract to foreign investor in Automobile industry to Malaysia. Basically, there aren’t any changes to the structure of neither import duty nor ...
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BMW supports National Auto Policy’s EURO 4M specification for petrol, diesel
BMW Malaysia Sdn Bhd says the government’s decision to implement EURO 4M specification for petrol and diesel by 2011 is “encouraging and proactive” to further promote clean and sustainable TECHNOLOGY in the Malaysian automotive industry. Its managing director Geoffrey Briscoe said BMW Malaysia welcomed the decision to implement the specification, which was highlighted in the latest review of the National Automotive ...
Read More »Gradual introduction of vehicle end of life policy under new NAP
Below are the highlights of the new National Automotive Policy announced on Wednesday, Oct 28, 2009 1. Local assembly of luxury passenger above 1,800cc and priced above RM150,000 on-the-road fully liberalised. Foreigners can own 100% of assembly operations. 2. APs to be stopped by Dec 2015.Audit on AP recipients ongoing and checks to be done. Those flouting will be removed ...
Read More »NAP(National Automotive Policy) Review Release October 2009
NEW UPDATE!! Highlights of the new National Automotive Policy announced on Wednesday, Oct 28, 2009. Click Here!! NEW UPDATE 2 !! Malaysia National Automotive Policy (NAP) 2010 Review by Fastmotoring.com . Click Here!! The Malaysia Ministry of International Trade and Industry (MITI) will be releasing the review of National Automotive Policy by October 2009. We will be expecting some ...
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