Categories : Auto Repair

 
The dilemma of the revised Open AP system

PETALING JAYA: Now that the federal government has decided to continue with– and enhance– the Open Approved License (AP) system for used-car imports, vehicle producers in the nation are waiting eagerly to see how the new variation will fit in with existing automotive policies, especially the National Automotive Policy 2014 (NAP 2014). Original equipment manufacturers (OEMs), in particular, have in the past and during the research study carried out by an external consultant voiced their concerns over keeping the system that has been abused and benefited a little and unique group. NAP 2014 is aimed at developing Malaysia as a local hub for energy-efficient vehicles (EEVs) and further increase non-national carmakers’ existence in the nation and put in location conclusive rewards for vehicle and automobile part makers to establish centers in the country. The policy likewise relaxed the restrictions imposed on foreign automakers from producing little passenger cars. NAP 2014 detailed essential directions and strategies in preparing the local automotive gamers towards the liberalisation of the market, that included lifting the freeze on car production licences for EEV production. Here lies the problem: How can the revised Open AP system encourage competitiveness and liberalisation in the market when it intends to protect a choose few? Industry experts have often debated ways to make the regional vehicle industry more competitive, motivate greater financial investment and reinvestment, and for automobiles to be more budget-friendly locally. Before NAP 2014 was announced, former president and CEO of Mercedes-Benz Malaysia Sdn Bhd Roland S. Folger stated abolishing Open APs would imply more affordable automobiles and encourage automobile makers to increase their investments to produce more economical vehicles. “For me, there is one method we can minimize vehicle rates. It’s a basic option to the issue (and that is to) do away with open APs,” Folger informed SunBiz then. His view was shared by former finance minister Tun Daim Zainuddin. …
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EUR2000 automobile Fenech bought off State noted on Maltapark for EUR7 …

Former financing minister Tonio Fenech attempted to sell Honda CRV he bought for €& euro; 1,900 on eve of 2013 general elections for €& euro; 7,900, Labour newspaper claims …
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