MAA says gov't matching grant of up to RM4k to scrap old cars above 20 years old a good step towards ELV

MAA says gov't matching grant of up to RM4k to scrap old cars above 20 years old a good step towards ELV

As indicated during the tabling of Budget 2026 last Friday by prime minister and finance minister Datuk Seri Anwar Ibrahim, the government will, together with national carmakers, offer a matching grant (or geran padanan) of up to RM4,000 to encourage vehicle owners with vehicles aged more than 20 years to voluntarily dispose of their old vehicles and purchase new national vehicles. Essentially, should either Proton or Perodua offer RM4,000 for a…