New Road Tax Rates for 2007

The government has made some changes to the private vehicle road tax structure, with effect 1st January 2007. Road tax rates have been lowered by amounts between 4% TO 33%. There has also been some changes to the excise duty structure. But for me, still this changes more effects to small capacity engine such but for big gun still suffering (or maybe not ... :D)

The following table illustrates the new road tax structure for the Peninsular Malaysia for vehicles that run on petrol:

Engine Capacity (cc)	Current	New
<>	RM30	RM20
1001 - 1200	RM65 to RM80	RM55
1201 - 1400	RM80.10 to RM100	RM70
1401 - 1600	RM100.10 to RM127.50	RM90
1601 - 1800	RM255.35 to RM325	RM200.40 to RM280
1801 - 2000	RM325.35 to RM395	RM280.50 to RM380
2001 - 2500	RM396 to RM895	RM381 to RM880
2501 - 3000	RM897.50 to RM2145	RM882.50 to RM2130
3001 - 5000	RM2149.50 to RM11145	RM2134.50 to RM11130

The following table illustrates the new road tax structure for the Peninsular Malaysia for vehicles that run on diesel:

Engine Capacity (cc)	Current	New
<>	RM30	RM20
1001 - 1200	RM130.30 to RM190	RM130
1201 - 1400	RM190.40 to RM270	RM140
1401 - 1600	RM270.40 to RM380	RM180
1601 - 1800	RM456.84 to RM624	RM400.80 to RM560
1801 - 2000	RM624.84 to RM792	RM561.10 to RM780
2001 - 2500	RM794.40 to RM1992	RM782.20 to RM1880
2501 - 3000	RM1998 to RM4992	RM1886 to RM4880
3001 - 5000	RM5002 to RM26592	RM4890.80 to RM26480

Chinese car market is world No 2

China car market Experts believe China could soon overtake the US market. China has overtaken Japan to become the world's second-largest car market after the US, official figures show.


Car sales - excluding people carriers and 4x4s - jumped 37% in 2006, the China Association of Automobile Manufacturers (CAAM) said. Total passenger car sales rose 30.02% to 5.18 million units, CAAM found. Analysts said that newly affluent drivers had boosted sales, with some predicting China may overtake the US by 2015 as its economy continues to grow.

Overall, Chinese vehicle sales jumped 25% during 2006 to 7.22m units.

US relief

The booming Chinese car market has provided some solace for US vehicle makers suffering from declining sales in their domestic markets.On Monday, General Motors said total annual sales in China totalled 876,747 units, up 32% on 2005.

Ford sales for the year almost doubled, rising 87% to 166,722 units.Chinese consumers are not just buying the budget models, with many snapping up luxury cars. Rolls Royce, owned by Germany's DaimlerChrysler, reported a 60% jump in Chinese sales.