Car buyers await GST hoping new tax will result in lower prices


PETALING JAYA: The implementation of the goods and services tax (GST) in 2015 could result in potential car buyers adopting a wait-and-see stance towards the end of this year as they are still unclear about how it would affect them.

Frost & Sullivan Asia Pacific automotive practice associate director Dushyant Sinha said customers were likely to adopt a cautious approach, closer to the GST implementation, hoping for reduction in car prices.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , auto , GST , sales

Next In Business News

Asia currencies falter as US moves to blockade Iran; Hungary's forint surges
SkyeChip signs underwriting deal for Bursa Malaysia Main Market IPO
Malaysia’s natural rubber production falls 24.1% in February
Sime Darby Property widens industrial footprint with Elmina Business Park 2
Luxury brands face profits squeeze as Iran conflict shrinks Dubai Mall sales
Gold drops as inflation worries linger on failed US-Iran talks
Asia turns a new leaf in its AI ascent
ACE Market-bound Inspace Creation aims to raise RM17.13mil from IPO
Affin Bank's Pheim AM acquisition gets SC nod for change of controller
Shangri-La Hotels appoints Lin Diaan Yi as new MD

Others Also Read