Subsidy for 1 car per person

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KUALA LUMPUR: The new fuel subsidy scheme only covers one car per individual from the B40 group, says Prime Minister Tun Dr Mahathir Mohamad.

This was because a government study revealed that some in the group owned up to six cars each, he added.

“We cannot support this. That is why only cars below 1,600cc will be eligible for subsidies and it’s only for those in the B40 group with only one car, not more. The targeted subsidy scheme will only be given to car and motorcycle owners based in peninsular Malaysia who are recipients of Bantuan Sara Hidup.

For Sabah, Sarawak and Labuan, there will be no subsidy scheme but the price of RON95 in the two states and the Federal Territory will be capped at RM2.08.

 

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Yay, thanks to PH now everyone can own a car. The cheaper and more decrepit the better. RM360 subsidy RM90 road tax + RM70 third party insurance means it now makes sense for everyone who qualifies to keep a beat up old banger just to cash in.

If the price of Ron 95 is floated and the price increases...how is the subsidy going to be of any use? As an oil producing nation, pls help the rakyat by fixing the price .

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