Make full use of APs for vehicles, Rafidah tells importers

  • Business
  • Monday, 30 May 2005

KUALA LUMPUR: International Trade and Industry Minister Datuk Seri Rafidah Aziz reminded companies that import and trade in vehicles to maintain their good performance by fully utilising their approved permits (APs). 

Rafidah said APs were given to companies based on their performance in a given year and that the ministry would need proof on the import and sales of cars in order for the firms to obtain permits for the ensuing year. 

“The failure to meet a certain performance level would cause the number of APs to be reduced in the following year, or cancelled altogether,” she said in her address at the Association of the Malay Vehicle Importers and Traders of Malaysia (Pekema) dinner last week. 

Rafidah said the AP mechanism was still used by the Government, based on the number of APs each year being limited to 10% of the total local production of passenger and commercial vehicles in the preceding year, with an additional 10% in the following year. 

She said each AP holder must make an effort to promote and implement attractive marketing strategies to provide consumers and buyers with more choices. 

“Any abuse of the AP would be viewed with concern and the ministry would cancel the AP if there was proof of misuse in the privilege by the holder,” she added. 

Rafidah said that as many as 66,277 APs had been approved for importers and at end-2004, a total of 51,713 APs had been given out for imported cars. 

For this year, she said as many as 66,643 APs were approved and 27,260 APs had been given out as of May 12. 

As for motorcycles, Rafidah said the allocation of APs was 5% of total local production in the previous year with an additional 5% in the following year. 

As for imports from Asean countries, there was no limit for car franchise holders from Asean but the cars must be new and with as much as 40% of Asean local content, she pointed out. – Bernama  

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