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Thursday, August 31, 2006
  Ministry Denies Dumping Of Cars In Malaysia
TEAMCAR - The International Trade and Industry Ministry has denied an allegation of the dumping of imported cars in the country.

It said that in fact the number of cars imported had dropped after the government announced the National Automotive Policy (NAP).

Parliamentary secretary to the ministry Datin Paduka Dr Tan Yee Kew said only 9,233 cars were imported in first six months of the year compared with 13,578 units in the previous corresponding period.

"The figure clearly shows no dumping of imported cars in the local market," she said in reply to Datuk Paduka Badruddin Amiruldin (BN-Jerai) in the Dewan Rakyat today.

Dr Tan also said that the NAP was drawn up to enhance the capacity and add value to the local automotive industry so that it was more competitive.

It was not the cause of the decrease in the number of cars sold, she added.What happened was an adjustment process especially the decrease in on-the-road prices of new cars and this had affected the used car market, she said.
 
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