PETALING JAYA: Cartrade Group Sdn Bhd has hit out at how the current approved permit (AP) system is implemented and feels an open market should replace it.
The car importer also feels that the National Automotive Policy (NAP) should be reworked to benefit the industry and not just the car manufacturers in the country.
“The approved permit (AP) system should have been done away with a long time ago,” said chief executive officer Datuk Ilyas Mohamed.
“Why should we have the AP system? It is better to have an open market and do away with the AP system. If you still have the AP system today, there must be something really wrong (in the motor vehicle industry),” he told StarBiz after the Monsoon Cup media briefing on Tuesday.
Under the NAP, the AP system was originally scheduled to end by Dec 31, 2010. However, according to reports, the Government has tentatively given the green light for the AP system to be extended to 2020.
“The last NAP was a failure because the so-called policymakers did not consult the industry players. Policies are supposed to be formulated to last at least 15 years,” Ilyas said. “We need the Government to encourage the car business by not protecting car manufacturers. The last policy was a policy for manufacturers,” he said.
Meanwhile, Cartrade has been involved in sponsoring cars for government-related events since 2007.
“Our first sponsorship for the Government was for the Non-Aligned Movement conference in 2007,” he said.
Ilyas said the company would sponsor 60 cars for VIPs during the Monsoon Cup, scheduled for Dec 2-6 in Terengganu.
The company sponsored 37 cars for last year’s event.