small_volvo.jpgVolvo Cars Malaysia has announced price reductions of up to 7% for Volvo cars in Malaysia. This translates to price cuts of between RM10,000 to RM20,000. The Volvo XC90 SUV’s price will not be hiked, even though under the new National Automotive Policy’s tax structure it was expected that most SUV and MPV vehicles will end up with higher price tags. These new prices are to be applied to existing stocks, so you can enjoy the new prices immediately once you step into any Volvo showroom.

Volvo will also be looking into exporting Volvo cars assembled in it’s Shah Alam plant, which was set up back in 1967. This makes Volvo likely the first premium car manufacturer to have set up an assembly plant here.