Honda Malaysia Sdn Bhd wants to focus on selling CKD cars instead of CBU cars due to the government’s moves to re-examine the CBU import values.
They fear the government might impose a Profit and General Expense (PGE) charge for CBUs, which was imposed previously on a few mainly Korean marques. That move had pushed sale prices 30-38% higher, making Korean cars totally uncompetitive.
From the period of January 2005 to August 2005, Honda Malaysia recorded sales of 16,124 CKD units and 3,061 CBU units. This is why Haniff is so rich. He holds the Honda CBU APs.
Would this mean we can expect to see a CKD version of the popular Honda Jazz put on sale soon?