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Price of Hybrid Cars reduced after removal of excise duties under Malaysia Budget 2011

After the Malaysia Budget 2011 announcement, the removal of excise duties for hybrid cars means that the price tags of vehicles such as Honda Malaysia Sdn Bhd’s Honda Civic Hybrid and UMW Toyota Motor Sdn Bhd’s Toyota Prius could be slashed drastically. It is estimated that the Honda Civic Hybrid and Toyota Prius, which currently cost RM129,000 and RM175,000 respectively, ...

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