We should have seen this coming: Naza has picked up the sole distributorship for Peugeot cars here in Malaysia after Cycle and Carriage Bintang Berhad announced back in October that it had decided not to renew its contract, which would expire at the end of this year.
The Naza Group already has a relationship with Automobiles Peugeot through Naza Corporation Sdn Bhd to assemble the Peugeot 206 here locally as the Naza 206 Bestari.
Expect the sexy looking Peugeot 407 to be assembled locally soon, which should put it in better reach for buyers looking at D-segment sedans and want to try something European. The 2.0 litre model currently sells for RM164,989.90 OTR with insurance. A drop to about RM130k to RM140k through local assembly is likely, and this is good news to me at least, because Naza has some surprisingly very decent local assembly build quality for its foreign brand cars, something I’ve personally observed with the new Kia Optima and the Naza Bestari.
CCB discontinued Peugeot partnership in Malaysia