Automotive group says it expects targeted diesel subsidy to have insignificant impact on vehicle sales

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Targeted Diesel Subsidy News

Vehicle Sales,Malaysian Automotive Association

KUALA LUMPUR, June 14 — The impact of the government’s targeted diesel subsidy programme on the total industry volume (TIV) of vehicle sales is expected to be insignificant,...

Pickup trucks refuel diesel at a gas station in Telok Panglima Garang on June 9, 2024. The impact of the government’s targeted diesel subsidy programme on the total industry volume of vehicle sales is expected to be insignificant, according to the Malaysian Automotive Association .

It noted that the government continues to provide subsidies to the bottom 40 per cent income group, eligible commercial vehicles and diesel vehicle users in Sabah and Sarawak. “It is important that the subsidy quota for these sectors are clearly defined to prevent transport operators from raising transport rates that will affect the public and national competitiveness,” it said.

 

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