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KUALA LUMPUR: The Government will announce the decision to award manufacturing licences for the production of energy-efficient vehicles (EEVs) to a foreign company in the next two months, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.
As we embark on a fresh round of extrapolations for 2014, we take a quick look at the accuracy of predictions made for 2013.
Malaysia announced Monday it would allow foreign automakers to build smaller passenger cars in the country, a liberalising move aimed at repositioning the country as a leader in energy-efficient vehicles.
PETALING JAYA: The new National Automotive Policy (NAP) set to be announced Monday afternoon, is expected to see a relaxation of restrictions on foreign automakers from manufacturing small passenger cars, according to a Bloomberg report.
BATU PAHAT: The Federation of Motor and Credit Companies Association of Malaysia has called on the Government to review its plan to cap a lifespan on cars.
PETALING JAYA: Frost & Sullivan expects the quantum of sales growth for the local commercial vehicle segment to outpace the passenger vehicle segment this year due to an increase in construction activities and better overall economic performance.