Will Malaysia get the Toyota Camry Hybrid next year? | Motor Trader Car News

4 Июн 2015 | Author: | No comments yet »
Toyota camry/hybrid (asia)

Will Malaysia get the Toyota Hybrid next year?

on October 7, 2013 at 3:25 pm

The National Automotive Policy is something which the industry has waiting for since early year. Various reasons given for the postponement of its announcement, them being that was a need to ‘fine-tune’ the policy. At the time, a former deputy minister had said that can approach MITI with and get a ‘customized package’ of incentives would be dependent on what of investment they were to make.

Whether such an is good remains to be seen some executives in the industry that offering ‘customized can mean that the playing will not be level – as has been the since 1985.

It would also be something the Competition Commissioner might to take a look at because a move where certain are given an advantage in doing in Malaysia would appear to be the Competition Act. This Act is to ensure that trading in is carried out fairly and without so that every company under the same conditions. So it transparency and equal application of to all.

One of the new features of the revised NAP is to be incentives for Energy Efficient (EEVs). Such incentives already been introduced in and Indonesia and aim to encourage people to buy fuel-efficient cars, while helping boost industry Because the auto industry is the single integrated industry in the keeping it in good health is to a country’s economy.

The criteria for EEV incentives, if introduced in is still unknown. It may be based on consumption or exhaust emission or a combination of both. What is is that whatever incentives are local assembly is a vital of getting them. So tax exemptions or may be provided for EEVs but only if are assembled locally. Whether it makes sense to assemble because volumes are not as great as in or Indonesia is of no concern to the government.

So Honda has taken a big step to the Jazz Hybrid locally at its in Melaka. For this, Honda is likely to be rewarded by enjoying of some form to justify its otherwise it would never done so as it could just as import the model from without import duty.

With Honda assembling a model in Malaysia, Toyota has been under pressure to do the and they confirm that have been studying the What they are trying to is what sort of incentives be available if they do so and from is understood, this is something requires many discussions MITI since, as mentioned it will involve a ‘customized

Toyota camry/hybrid (asia)

If the incentives are worthwhile, then the Hybrid model may be the one assembled rather than the Prius. was revealed today by Takashi Deputy Chairman of UMW Toyota He said that the Camry was a suitable model because the Camry is already being in Malaysia and therefore common can be shared. The Prius, on the other has a unique design and would be expensive to assemble locally, due to the volume.

Incidentally, the Camry Hybrid has assembled in Thailand for a few years now but it has been imported to Malaysia its Hybrid Synergy Drive a 2.5-litre engine, a displacement is too high to allow the model to for the duty-exemption that the Prius and c are given (the exemption is for hybrid models with that are 2000 cc or less). BMW Malaysia has managed to get a ‘customized of tax reductions for its 3-Series and 5-Series models even though have engines larger 2000 cc.

Mr. Hibi said that if can get duty-exemptions for the Camry Hybrid, the pricing will be attractive, only a bit higher than the expensive Camry variant here. He said that would be a ‘special case’ in the as the Camry Hybrid sold in countries has a significantly higher than the conventional variant.

The NAP is expected to be announced during the Budget speech later month… unless the government it needs to ‘fine-tune’ it further.

To know more about the Toyota Camry available in visit www.toyota.com.my

Toyota camry/hybrid (asia)
Toyota camry/hybrid (asia)
Toyota camry/hybrid (asia)


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