The finance ministry says it will soon announce the list of luxury diesel vehicles that will not qualify for targeted subsidies under the. According to finance minister II Datuk Seri Amir Hamzah Azizan, this will be the next step in the upcoming rationalisation programme involving diesel, the
He added that further details about the programme beyond this would come at a later date. “The dates and prices will be announced later. We need time to avoid speculation that could lead to hoarding or sudden price increases,” he said. Amir said that that even if a diesel-powered vehicle is classified under the luxury category, it could still be considered for subsidy assistance if it is older than 10 years. “Even though classified as luxury vehicles, if these vehicles are ‘sick’ after more than 10 years, they may be considered ,” he said.
Budi Madani was announced on May 27 for private owners of diesel-powered vehicles and agriculture smallholders in Peninsular Malaysia, withAnnual income of RM100,000 and under programme, which is intended for companies, but not both, according to minister of domestic trade and cost of living Datuk Armizan Mohd Ali.Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap.
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