Edaran Tan Chong Motor (ETCM) has announced that it is considering price increases on its range of Nissan models in Malaysia next year, if the value of the ringgit continues to fall against major currencies.
The company said in a press release that its business has been affected by the unfavourable foreign exchange and has implemented several cost rationalisation and efficiency optimisation measures to minimise the impact, but admitted that some of the cost may still have to be passed on to its customers.
“Despite all adversities, ETCM remains committed in providing our customers with quality, value-added products and the highest level of customer services,” said executive director Datuk Dr Ang Bon Beng.
“The company will continue to seek and review opportunities for more strategic operational effectiveness and efficiencies within the business and with our partners in order to ensure that the current prices of Nissan vehicles remain unchanged this year.”
The intention to raise prices on Nissan vehicles in Malaysia due to a depreciating ringgit follows a similar announcement from two other Japanese brands – UMW Toyota Motor has already confirmed a hike of about 4-16% on Toyota and Lexus models will take place in 2016, while Honda Malaysia has recently hinted that such an increase is possible on its own models.
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some people might feel infuriated by such news, but personally, I would rather the importer increase the pricing of a car, than to further remove features (especially important/safety features!) from their car models. Ringgit is in bad shape, so it is understandable that prices will increase for imports.
Yes, i agree too.
Sadly, unscrupulous parties like UMW Toyota will take advantage by raising prices and skimp on active and passive safety features.
I have full trust in our BN Government. They are honest and sincere. Just trust the Government when they tell you toll and car prices need to go up. They are only using the money for the nation and keeping us safe
The demand for cars, like houses, grows in tandem with the economic growth. When the economy is slow, the sales of cars will be badly affected whether there the price is increased or reduced.
No one offers more discount than Toyota
Stupid imitator.
Ppl don’t buy Toyota because of discount, but for comfort, reliability, fuel saving and good RV.
That’s why we give less discount. Product good, everyone buy. Product bad, give 1 years free installment also no one interested.
it’s ok, increase the price. after all their only car that is selling is almera.
No more protests. They cant afford the toll to go to town.