Malaysia government announces temporary sales tax exemption on new vehicle purchase to revitalize demand
On June 5, 2020, Malaysia Prime Minister announced a host of measures to stimulate the country’s economy, which has been adversely affected by the coronavirus (COVID-19) pandemic. For the automotive sector, these involve an initiative with a quantum of around MYR 897 million, aimed at boosting new car sales, which wi....
This news is for paid members only.
If you register as a free member, you can read the rest of this article for a limited time.
In addition, you can also enjoy the following content for free:
- Market & Tech Reports
- Global automotive production/sales
- Launch schedule forecasts
- Latest news on the automotive industry
- Market share and supply information of 300 automotive parts (Who Supplies Whom)