All systems go for ELV policy


Currently Puspakom, a unit of DRB-Hicom Bhd, is the only compan y authoris ed to perf orm inspection check s on cars.

IF and when the end-of-life vehicle (ELV) policy for cars is implemented in the years ahead, the car inspection business will become a multi-million dollar business as there are almost 12 million vehicles plying Malaysian roads.

For now, all systems are a go for the Government to introduce the ELV policy in an announcement on Jan 15 as part of the National Automotive Policy (NAP).

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Business , automotive

   

Next In Business News

Malaysia's CPI rises 1.8% in March
DNB announces new board members comprising representatives from all five MNOs
Axiata, Sinar Mas move closer to US$3.5bil telco merger
Agricore gets Bursa nod to list on ACE Market
South Korea Q1 GDP growth smashes estimates, but outlook's uncertain
Ringgit soft as US$ remains elevated
Product innovation drives sales of local plastic packaging
Bursa's rally continues ahead of economic releases
Trading ideas: MyEG, Axis REIT, Mah Sing, Capital A, Hibiscus, Chin Hin, Carlsberg, I-Bhd
Kering says profit likely to tumble

Others Also Read