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Show Notes
Following the restructuring of auto duty rates on 31 December 2019, the expected impact from the new formula for duty rates on completely-knocked-down (CKD) vehicles will be absorbed by the government for 2020. That said, the new formula could see prices increase as much as 15-20% when fully impacted. So will Malaysians purchase cars in advance to avoid possible price increases in 2020?
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Topics
AviationAutoTransportLogisticsGovernment/Regulatory/Policy Making