TUESDAY, April 23, 2024
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Govt hits brakes on ‘old car for new car’ proposal

Govt hits brakes on ‘old car for new car’ proposal

The Industry Ministry's proposed “old car for new car” scheme needs more time and discussion before being finalised, Deputy Prime Minister Supattanapong Punmeechaow said on Tuesday. He added that the scheme is not ready to be implemented given the lack of clear details.

Industry Minister Suriya Juangroongruangkit told Tuesday’s Cabinet meeting that work on the details of the scheme had not been completed.

Government spokesman Anucha Burapachaisri said the scheme would be shelved for the foreseeable future to prevent confusion among car buyers and the auto market.

Anucha added that Prime Minister Prayut Chan-o-cha told the relevant parties to consider the idea carefully.

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