It's T-minus one day to the tabling of Budget 2015. The Malaysian Automotive Association (MAA) has expressed their wishes; now it's Perodua's turn. The Rawang-based carmaker hopes car financing will be made easier for buyers, reports The Malaysian Insider.
"The average (car loan) rejection rate is 28%. At one stage it was at 35%," TMI quoted Perodua president and CEO Datuk Aminar Rashid Salleh as saying.
"On the one hand, the government encourages people to use quality affordable vehicles, and while we respect the policy of the central bank, we hope it does not get too strict on those who meet the requirements."
Aminar hopes the government will lighten the burden for first-car buyers, particularly those who live in areas where efficient public transport is not available. "They need to have their own transport... we hope to provide a solution to that," he told the publication.
Apart from that, Aminar also expressed his concerns about rising living costs amidst the dawn of the implementation of the Goods and Services Tax (GST). GST is scheduled to take effect next April.
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