Ministry, auto trade body to meet over EEV incentives, pricing

  • Auto
  • Friday, 18 Jan 2019

Deputy Minister of International Trade and Industry Dr Ong Kian Ming said the ministry will meet the Malaysian Automotive Association (MAA) next week.

CYBERJAYA: The Ministry of International Trade and Industry (MITI) will meet the Malaysian Automotive Association (MAA) next week to discuss key issues, including energy efficient vehicles (EEV) incentives, and car pricing approval.

“MITI will coordinate a meeting with MAA and other relevant stakeholders, so that we can have a discussion. We will announce the decision to the media,” deputy minister, Dr Ong Kian Ming said.

Ong told reporters this after presenting an Overwiew of the Automotive Industry 2018 and Insights of the Automotive Industry and Technology Adoption in 2019, here on Friday.

He said it was important to clarify that the Automotive Business Development Committee (ABDC) was the centre where all incentives applied for by car manufacturers could be processed and recommendations from it forwarded to the Finance Ministry.

On Thursday, MITI issued a statement on the delay in approving the pricing of new car models, stating it was to ensure that incentives are granted and distributed according to prescribed regulations and guidelines.

The ministry said the decision-making process, undertaken by the Automotive Business Development Committee (ABDC), should be transparent, fair and comprehensive. - Bernama
Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Business News

US and UK should be welcoming talent, not driving it away
Short Position: Ringgit rebound, PETRONAS earnings
KWAP seeks stronger income growth
What’s in fashion
Brexiteers, no one wants your regulatory bonfire
EcoWorld redefines concept behind industrial parks
S’pore chips away at HK’s hedge fund dominance
Ringgit seen strengthening further
Hibiscus gets debt boost
Navigating a ‘perfect positive storm’

Others Also Read