The Malaysian Automotive Affiliation (MAA) says it doesn’t count on the gross sales of diesel automobiles to be severely impacted by the federal government’s focused diesel subsidy programme, which started earlier this week and has seen the retail worth of Euro 5 B10 and B20 diesel within the peninsula being elevated from RM2.15 to RM3.35 per litre.
In a press release, the affiliation mentioned it anticipates that the full trade gross sales (TIV) quantity for the 12 months will proceed at deliberate ranges, with any change in quantity not reflecting a lot within the TIV, on condition that diesel automobiles solely account for lower than 12% of the car registrations within the nation.
How the transfer will have an effect on gross sales received’t be seen instantly, however a clearer indication will come about throughout the subsequent month or so. Nonetheless, any dip in numbers could also be short-term.
It’s because the affiliation says that demand for business diesel automobiles, pick-up vehicles and vans is anticipated to stay excessive. It mentioned that aside from personal use, customers of diesel automobiles are largely from the development, plantation, logistics, tourism and transport sectors, and such automobiles had been essential to many enterprise operations in these sectors.
It added that whereas customers can be cautious in making a purchase order choice originally, they’d not maintain off on a purchase order of a diesel car for lengthy, given their needed use in lots of functions.
The affiliation nonetheless mentioned that having an correct and environment friendly rebate mechanism is essential, and referred to as on the federal government to make the subsidy quota for the transport sector clear so as to forestall operators from elevating transport charges, which might have an effect on the general public and the nation’s competitiveness.
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