In a sympathetic motion, DRB-Hicom managing director Tan Sri Mohd Khamil Jamil said that the company will not be increasing the prices of its cars anytime soon, with regards to the weakening Malaysian Ringgit.
A new report by Bernama quoted DRB-Hicom boss to say that the company is instead understanding of the nation’s tough times amidst the current economic situation, and has a plan in store to avoid having to increase car prices. His comments came after a sending-off ceremony for the first batch of students from the International College of Automotive (ICAM) to Britain, yesterday.
He said, “Our automotive segment has been affected naturally because most of our marques are CBU, while our property has also been affected as there are fewer buyers who are qualified for housing loans.”
“For the time being, we are not going to increase the prices because we are sensitive to the rakyat’s needs, so we are not taking this as an opportunity to increase the prices.
“We have been absorbing the cost as we are sensitive to the country’s economic development and we want to assist the rakyat and government in overcoming the difficulties that we are facing now.”
DRB-Hicom is involved in the automotive industry through several partnerships with automotives brands, including the manufacturing, assembly and distribution of them. These brands include, but are not limited to, Suzuki, Proton, Jeep, Mitsubishi, Honda, and Isuzu.
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What a joke.drb’s brands are overpriced from the 1st place
Vios kosong much more overpriced you dun say pulak. Topkek
Hello Khamil. Honda Accord CBU 2.4 with 10 airbag in USA is US21k.
Honda Malaysia will get this car for US15k being the official country distributor. Then DRB CKD the Honda, cost goes even lower. Maybe even US12k for a 2.4 Honda Accord.
DRB even cuts cost by removing the 10 airbags and many other safety features, I think DRB Hicom cost per Accord 2.4 is hardly US$10k. Which is about RM40k
But DRB Hicom sell the Accord for RM180k. You still talking about not increasing price yet Khamil?
Still people buy Honda..
What cars are not overpriced in Malaysia? Please enlighten us!
Why all cars are so expensive? Simply because of the leech Proton.
In Thai 160k no proton you dun say pulak. Topkek
topkek aka john, in Thailand every citizen is treated equally and not some given special privileges and eventually become lazy.
DRB is sucking so much of our LHDN money. Big bogus that Proton is under private hands of DRB hicom. Every year Proton is still sucking our LHDN money which eventually goes to DRB pockets
They kononnya bought Proton but it is a vehicle that they can use to suck more of our money. Mahathir still asking for money for Proton from the Government.
If waive the ridiculous AP system, no matter how weak ringgit will be the price still going to be more cheaper more then 50% then current price !!!
AP system must be maintained to feed the UMNO cronies
AP?
For a company that losses billion, losing a little more because of weakening RM won’t change anything. This company is so used to losing money.
Don’t worry, DRB will always bail out…
Mighty kind o ye DRB Hicom.
But what you give with one hand, you take back with the other from somewhere. Noone is that generous.
He can say that because Hicom has been charging a premium for the brands under its umbrella since forever so what’s there to lose?
It goes to tax
You want Proton reduces prices when the currency goes down?
Then when Proton got no money to build cheaper cars you blame again.
Go and see doctor.
See Dr M ?
LoL
At least P1 proof it self is not “disease” as a commenter said here.
Go and ask foreign car makers not to increase price during hard time, can? In your dream
Of course you should not raise prices. Our prices are already 3x world prices. malaysians are already cheated big time. We suffer so much.
Hint : economies of scale
this is big drama. DRB and Syed Mokhtar control Bernas and all the rice in Malaysia. He fixes the price of Rice.
If not for Syed Mokhtar and his Bernas, our price can be 1/4 the price.
This is basic food for the rakyat. I think DRB and Syed Mokhtar should give the people cheaper rice instead of assuring car prices are not going up.
hello abang, Malaysans are paying 3x the world prices lah
Please start a rice blog.
Price? Only talk kok no use
the govt. set the price maaaa
aiyoo dun mention syed mokhtar alone la…where ur lovely daddy granny robert kuok..gohtong group members..dun be choosy la…
hahahaha only complains abt syed mokhtar…how abt those property tycoon…mah sing..etc..etc… building high prices property. anyway, its a car blog…if u want to talk abt rice, go to rice blog…and for me, i’ll rants abt property at prop’s blogg…stop being a racist pls…its not the color, its the person matters
Keyword : “YET” . so don’t put so much hope.
well.. we hope yet till 2030.. lol
govt., pls increase the price of rokok
Why need to increase P1 car prices when there is a massive overhang of unsold units at their warehouse.
Suprima & Saga plenty of stockpile due to low demand.
Not only cars. Proton spareparts also collecting dust till they have to offer
up to 70% discount to clear the old stock.
Sensitive to the rakyats needs ?
Please lah just cut the drama & just stop asking for anymore
Government grant & assistance.
We were not born yesterday! !!
Stok masih ada