Saleh on Govt’s AP idea

  • Business
  • Saturday, 11 Jun 2005

THE Government’s suggestion that Approved Permit (AP) holders be only allowed to import cars that do not compete with Proton models will severely affect the business of foreign car distributors, said DRB-Hicom chairman Tan Sri Mohd Saleh Sulong. 

Saleh said that most of the foreign car makes that competed with Proton models came under the below-two-litre category. 

Prime Minister Datuk Seri Abdullah Ahmad Badawi had said yesterday that AP holders were supposed to import vehicles with a bigger engine capacity and of a different category from those produced by the national carmaker. 

“We hope the Government will look into the aspect of allowing more choices for consumers, as cars that fall below the two-litre category form the main share of the Malaysian automotive market,” Saleh said on the sidelines of a journalism workshop in Petaling Jaya yesterday. 

He said less that 20% of the cars distributed by DRB-HICOM were in the above two-litre category. – Bernama 


 DRBHCOM :  [Stock Watch]  [NewsDRBHCOM-O :  [Stock WatchDRBHCOM-W :  [Stock Watch]

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