Driving up cost: Be prepared to pay more the next time your vehicle breaks down on the road as towing charges have increased by around 20% following the floating of diesel price. — THOMAS YONG/The Star
“Diesel constitutes at least 40% of our operating costs. Without the diesel subsidy, our costs will significantly increase, probably by more than 50%. We haven’t raised our prices in the past five years despite rising costs of tires and motor oil,” she said. “Nobody wants such mishaps to happen and now customers end up having to pay more for these services,” she added.
Johor Trucking Association president Chai Pei Yoon said heavy vehicles such as tow trucks, tipper lorries and road rollers were not included in the list of vehicles entitled for the subsidy. “As long as companies increase their prices reasonably and it is accepted by customers, the association will not stand in their way,” said Chai, adding the government should continue refining the mechanism to ease the implementation of the new policy.
Source: Financial Digest (financialdigest.net)
Diesel Subsidy Fleet Card Price Increase
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