NAP After-Effects: Nissan slashes prices up to 15%
Edaran Tan Chong Motor announced price cuts of between 3% to 15% for Nissan cars with immediate effect under the new National Automotive Policy tax rates. The Nissan Sentra will be cheaper by 5%, while the premium Nissan Cefiro will be cheaper by 12-15%. Suprisingly the Nissan X-trail SUV also enjoyed a small price reduction of about 5%, when the whole industry was facing either static or rising prices in that model range. Nissan’s Serena MPV and the Nissan Vanette window van’s prices are to be about 9%-10% higher though, but not immediately. It’s effective date will be announced later.
Edaran Tan Chong Motor executive director Dr Ang Bon Beng expressed some concerns on the National Automotive Policy, especially on the usage of local parts in CKD assembled products and the Industrial Adjustment Fund which was set up. In Tan Chong’s case there is nothing much to claim from the fund except for the use of local parts. However this is a little tricky as Nissan has to consent, and even if they do, sometimes local manufacturers do not have the economies of scale to offer competitive prices for the parts. This might end up with local manufacturing of parts ending up costing more than importing them from overseas suppliers.
March 28, 2006 @ 9:05 pm
12-15% cheaper for the Nissan Cefiro that very few people will touch? It figures
March 28, 2006 @ 10:22 pm
agree wif the company, local parts may be expensive…………….
March 28, 2006 @ 11:34 pm
But even though they slash 15%, I still think thats quite steep. If you have not notice it yet, high price cuts are offered to high price cars-which whoever plans to buy it would find it pennies. I don’t think RM40K less for a merc is that astounding. Prices should tally more for the low income people, not make the rich richer.
March 29, 2006 @ 2:07 am
Exactly. The NAP is like a scam to make expensive cars cheaper for the rich, haha.
March 29, 2006 @ 8:11 am
NAP just give advantage to richman to buy more imported car rather local ones . It is much better that local car’s price reduce to allow more medium income earner to buy the car rather than some Dato’, Tan Sri or OKB-Org Kaya Baru showing off with their new Merc.
March 29, 2006 @ 8:50 am
that u call price reduction?!
drop by 20% lah,
look at thai and china damn
CHEAP car price!
damn!
March 29, 2006 @ 9:11 am
The only nissan car i like is Skyline and Frontier…
March 29, 2006 @ 9:45 am
The rich would be richer… and the poor would be poorer..
thats what the world is going to…
March 29, 2006 @ 10:38 am
nissans sold in malaysia are so OUTDATED! the slyphy is already being launched in singapore!
March 29, 2006 @ 12:54 pm
5% dropped for Sentra? Wut the heck…. Better dun cut the price at all.. It makes no difference…
March 29, 2006 @ 1:21 pm
Yeah finally down 5%..if RM 93k X 0.05=RM 88k walau eh…FYI the price is higher before because unHOLY taxes so don much difference. WELL Nissan Tiida were are you..
March 29, 2006 @ 2:41 pm
I think the G is laughing because they are able to swerve “rakyat” mind offset from “drastically increment in fuels prices” for the wait of “still expansive in the world car price”.
STILL EXPANSIVE IN THE WORLD AND SOME MORE MALAYSIAN INCOME NOT THAT HIGH.
March 29, 2006 @ 6:55 pm
USD 5,000 1.3liter CHINA CAR!
Geely cars to be assembled in Malaysia
By Surin Murugiah
China carmaker Geely Automobile Holdings Ltd’s plan to assemble its cars in Malaysia is now back on track, making it the first Chinese vehicle to be assembled here, after the government allowed a portion of its cars to be sold in the domestic market.
The assembly of its 1.3 litre Geely CK1 sedan will be carried out via Information Gateway Corporation Sdn Bhd (IGC), a local company that holds the exclusive franchise to assemble, manufacture and distribute the China carmakers’ right-hand drive cars.
Under the latest collaboration, IGC will sell 20% of the locally-assembled Geely vehicles in Malaysia with the rest exported. The Geely CK1 export price would be between US$5,000 and US$6,000 but the price for the domestic market has not been determined.
IGC group executive chairman Tan Sri Cam Soh Thiam Hong
March 30, 2006 @ 4:02 pm
Its high time for my office to order nissan x-trail and enjoy the 5% rebate.
August 23, 2006 @ 7:15 pm
Have always loved a Nissan, too bad now a Sentra is 88K and above…
Looks like we still have to buy protons…….you got any choice?
hmmm go to thailand…..Honda City cost 470,000THB. We here buy it at 80+K Myr… go do the math….