“Mechanisms such as the Open AP system does not present a level playing field for automotive players. Under the National Automotive Policy, the Open AP Policy which was initially supposed to end on Dec 31, 2015, was continued with improvements under the new Open AP Policy. BMW Malaysia head of corporate communications Sashi Ambi disagreed with the notion that the removal of the RM10,000 Open AP fee would not be welcomed by luxury carmakers. “The Open AP programme was created to develop local entrepreneurs in the automotive industry here, while the National Automotive Policy was created for automotive manufacturers to increase their capabilities here for the region. “We look forward to policies and incentives that will further spur growth of the local automotive industry,” added Raine.

Source: The Edge Markets January 17, 2017 00:50 UTC