PETALING JAYA: Owners of vehicles that are older than 20 years will be eligible for a RM4,000 incentive when they purchase a new national car, says Prime Minister Datuk Seri Anwar Ibrahim.
Anwar, who is also Finance Minister, said the new grant, introduced in collaboration with national carmakers, is meant to encourage scrapping of overly-aged vehicles that could pose a risk to drivers and others on the road.
