YONG PENG: The open Approved Permit (AP) policy should be abolished in order for Malaysia to be competitive in the world market and reduce the burden of the people.
Federation of Malaysian Lim Association president Datuk Dr Robert Lim said he did not agree that abolishing of AP would be ending of national carmakers as stated by Former Prime Minister Tun Dr Mahathir Mohamad.
Last month, Dr Mahathir said in his blog that without the AP system, foreign car manufacturers would flood the local car industry, leaving Proton and Perodua floundering.
He said AP system only benefits small segment of people and caused extra burden to general public.
Importers who have no AP will have to buy it from someone and why do we allow such unhealthy practice while most people have to suffer for paying a lot more for the same car regardless if it was locally made or foreign that is being sold overseas?
Many household debts are due to the high car loans which I feel the government should look into seriously.
The local carmakers will not be affected if imported cars are limited to 2000cc capacity and above, he said.
Among others who called on the government to consider abolishing the AP was former Finance Minister Tun Daim Zainuddin who said that it would help to reduce the cost of owning cars in Malaysia.
Lim said the country should allow the entry of foreign car manufactures because the automotive industry is a big business that would help many other businesses to grow as well.