Friday, November 21, 2008 20:37

Hybrids in Malaysia

Posted by Piseth on Friday, August 8, 2008, 11:31 with 42 views
This news item was posted in Autos, News category and has 3 Comments so far.

At the time of writing, the author Michael Tan has no knowledge of any green car incentives in Malaysia. The Honda Civic Hybrid has been available in Malaysia since 2004, but in the absence of tax breaks, sales of the hybrid have been poor to say the least. Malaysia’s tax system penalizes Completely Built Up (CBU) imported vehicles, and for the 1.3L Honda Civic Hybrid, it will encounter a 50 percent import duty, 90 percent Excise Duty, and a 10 percent Sales Tax on the total taxed value of the car–10 percent of Car Value + Import Duty + Excise Duty…Hybrids in Malaysia.


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3 Responses to “Hybrids in Malaysia”

  1. 2008.08.08 11:59

    Thanks for posting the article, was certainly a great read!

  2. 2008.08.08 17:49

    [...] bookmarks tagged imported Hybrids in Malaysia saved by 1 others     milowent bookmarked on 08/08/08 | [...]

  3. [...] Hybrids in MalaysiaAt the time of writing, the author Michael Tan has no knowledge of any green car incentives in Malaysia. The Honda Civic Hybrid has been available in Malaysia since 2004, but in the absence of tax breaks, sales of the hybrid have been … [...]

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