During a press conference following the launch of the Honda BR-V, Shugo Watanabe, assistant to managing director and CEO of Honda Malaysia revealed that the company has no plans to increase prices for now, despite the worsening ringgit.
“Of course, we may suffer from the currency situation but it is difficult to estimate the ringgit situation now, even though Malaysia’s GDP and trade balance are as they are. We have to see how things go but at this time, we have no plans to increase prices,” he said.
The depreciating ringgit, which currently stands at RM4.49 per USD at the time of writing, has led to speculation that manufacturers will increase their vehicle prices in 2017. Recently, Bermaz and Perodua have stated that its vehicle prices may go up as well.
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But Malaysia BN ministry said GDP increase but why vehicle price must increase??? Who’s lying now?!?!?!
Now MY pipu can ride on BMW trains.
Government dont lie.. our country’s GDP always increase..
G=gas
D=diesel
P=petrol
Increase somemore? Already our car prices are so high. Highest in the world. Yet want to increase somemore?
Where got logic?
What happened to gomen promise to reduce car prices by 30% to the rakyat?
Seperti dijanjikan, harga kereta akan diturunkan secara berperingkat hingga 2017. Saya akan pastikan setiap janji ditepati.
Tq for the info Dapcian
Jangan menghasut. Bos kami hanya pernah janji untuk turunkan nilai ringgit sebanyak 30% secara berperingkat…bagus untuk eksport.
BOdohnya. Siapa mahu pakai RM sekarang? All are using USD. And yes car prices that are priced in RM dropped by more than 30% already if you haven’t noticed.
so ‘now’ is considered promotion time… Lol
But, I saw prices hike on some models at Honda Malaysia webpage
Discovered a fine line between sell-able and un-affordable?
… or balancing between stock yard space/rental vs profit margin per car.
No need to increase, because already overpriced.
Honda, No need to bimbang….
Based on studies by our Uni, consumers in Msia prefer to buy 2nd hand (3 to 5years old) japanese brand cars ie. Honda, Toyota & Mazda than getting brand new local Autos.
well done, honda msia which has links to government linked company, is doing their best to keep the interest of the rakyat. surely this has government intervention on stopping honda to raise prices to help alleviate the burden of the rakyat. well done to the government!
– Faiz Roslan CEng
Faiz, you said before ringgit jatuh is good for Malaysia. Now you change story
Absolutely good for economy. The fact Honda didn’t raise their price on local market is an indication that msians are not affected, isn’t it Kunta? I didn’t change my story.
– Faiz Roslan CEng
Well done to the government!
Petrol, diesel all up 20 sen!!
Sapot! Less cars/motors, more public transport!
ckd still need increase price…=(
With all the negative comments about how Honda Malaysia is handling the airbag complaints and replacement you think they dare to increase prices ?
obviously they want to raise but dare not. sign that business is bad and they are panicking. it’s a good thing for the rakyat. car prices have been ridiculously high for too long, ripping of car buyers who have no choice but to buy due to the poor public transportation. refrain from buying yet and let them panic more and longer. they will be forced to reduce prices further.
This is the Wisest comment by a CEO of a company. It also show Hondasan are NOT as greedy as other car company. Well done for being the highest non-national car sales in M’sia.
yeah, no price increase…..but likely to have gadget and safety equipment removed from the car…
Honda Malaysia already jacked up their prices in early January 2016. I booked an HR-V in November 2015, took 99 days to be delivered, then……suddenly……shock……horror…. I had to fork out an additional MYR 3,000 on delivery !!! I think based on the previous price rise, maybe Honda still have a built in buffer ?!