I cautiously welcome BN move to reverse the excise tax hike on certain MPV models, though the excise duty hike should not have happened in the first place since BN has promised to reduce car prices up to 30% by 2018.
The decision to reverse the excise duty hike does not mean BN has fulfilled its last GE manifesto. The people have every right to ask when will car prices come down by 30%.
We are now less than a year before reaching 2018 and there is not a single sign that car prices will come down. Has BN decided that it will renege on its promise to bring car prices down hence the flip-flopping on excise duty hike trying to give the impression that car excise duty have come down?
If Putrajaya is sincere to bring car prices down, I urge Putrajaya to immediately lay out a clear roadmap on how to reduce car prices by 30% by next year.
Media Statement by Chong Zhemin, DAP Perak Economic Development Bureau Chief and Political Secretary to Taiping MP on 14 April 2017