PM: Market forces will fix car prices


  • Nation
  • Wednesday, 14 Jan 2004

PUTRAJAYA: The Government is leaving it to the market forces to dictate the prices of cars and Malaysians have been advised to buy cars only if they can afford to do so. 

Prime Minister Datuk Seri Abdullah Ahmad Badawi said that when the Government was working out the adjustments in import tax and excise duties for cars, the formula showed there was not going to be any price increase. 

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