PETALING JAYA: The price of locally assembled completely-knocked-down (CKD) cars is expected to increase by 8% to 20% next year, based on the new open market value (OMV) excise duty calculation method.
Malaysian Automotive Association (MAA) president Datuk Aishah Ahmad said the industry has asked the government to revert to the previous calculation methodology to avoid an increase in CKD car prices.
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