Permanent auto excise tax cut urged
- Published: 22/12/2011 at 02:52 AM
- Newspaper section: Business
The government should consider permanent reductions in the excise tax on automobiles if it wants to boost the domestic car market, says Mitsubishi Motors (Thailand).
President Nobuyuki Murahashi said lower rates would enable car prices to fall, thus attracting more customers to showrooms.
He insisted the Japan-based carmaker is not against the government's first-time car buyer scheme aimed at stimulating sales of passenger cars and pickup trucks priced under one million baht.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.
About the author
- Writer: Richard Leu
- Position: Motoring news Editor
