KJ: Cheaper foreign cars will kill Proton

While acknowledging that PKR's promise to make cars affordable will benefit millions of rakyat, Pemuda Umno chief Khairy Jamaluddin believes such a policy may spell the doom of national car maker Proton and deprive the government of lucrative income.

"If we abolish import and excise duties (on imported cars), it may impact negatively on Proton," Khairy told reporters at a press conference in Bangsar tonight.

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Video by:Hazlan Zakaria