Following the restructuring of auto duty rates on 31 December 2019, the expected impact from the new formula for duty rates on completely-knocked-down (CKD) vehicles will be absorbed by the government for 2020. That said, the new formula could see prices increase as much as 15-20% when fully impacted. So will Malaysians purchase cars in advance to avoid possible price increases in 2020?

<p>Following the restructuring of auto duty rates on 31 December 2019, the expected impact from the new formula for duty rates on completely-knocked-down (CKD) vehicles will be absorbed by the government for 2020. That said, the new formula could see prices increase as much as 15-20% when fully impacted. So will Malaysians purchase cars in advance to avoid possible price increases in 2020?</p>

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

<p>Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.</p>