At the just-concluded National Automotive Policy (NAP 2014) status update, Minister of International Trade and Industry Datuk Seri Mustapa Mohamed claimed that on average, car prices dropped 7.01% across all models and variants introduced last year, compared to a 4.97% reduction in 2013.
He said that the lower prices benefitted some 72.5% of Malaysian car buyers in 2014, and that the aim is to gradually reach an average 20% reduction by end-2017.
The slide above undoubtedly raises a few eyebrows – we recognise the Mazda CX-5‘s RM15k drop as a result of local assembly (CKD), but we’re curious as to how the Honda Jazz‘s RM15,100 drop is derived. However, the previous-gen CKD Jazz petrol was priced at RM74,800, and its Hybrid counterpart RM89,900 – the difference is exactly RM15,100…
With regards to the Perodua Myvi, the 2%, 6% and 3% drops probably represent the 2011 Premium to 2013 SE, down to 2014 XT and finally to the 2015 facelift. The Proton Saga‘s 13% drop of RM4,923 is likely derived from the difference between the 2011 Saga FLX Standard and the 2013 Saga SV.
Under NAP 2014’s Car Price Reduction Framework, MITI expects car prices to go down through increased competition brought about by the liberalisation of the industry, rather than the reduction or abolishment of excise duties.
Looking to sell your car? Sell it with Carro.
lcms
on 
Where is Najib's Promise?
on 
Najib
on 
1Malaysia
on 
Global Prices vs Msia Prices
on 
kadajawi (Member)
on 
labix7
on 
kadajawa
on 
Gargantia
on 
The Truth
on 
Najib
on 
Ah Beng (Member)
on 
wayangkulit
on 
The Truth
on 
dugongx
on 
ben
on 
elyn lee
on 
Janji Capati
on 
frossonice
on 
Rakyat
on 
Ali
on 
Bruise
on 
Cruise
on 
London is Owned by Malaysians!
on 
P1NakSonglap
on 
Mozilla Chrome
on 
satekj38
on 
letthemtalkcock
on 
aaron
on 
Matt
on 
Same Same Lol
on 
Same L0rrrr
on 
Jimmy
on 
WRK
on 
Jimmy
on 
AI
on 
Lane Tamer
on 
HAMEED KOYAKUTTY
on 
jc
on 
aaa
on 
thepolygonal
on 
IrizX
on 
rei
on 
Taib - Worth US$20 billion
on 
kl fella
on 
spongewai
on 
iqbal1987
on 
Jehki
on 
amir
on 
Crap BS. Govt
on 
PocketIn
on 
Serba boleh
on 
Najib
on 
GolSendiri
on 
VJ
on 
slk3879
on 
Sugar Glider
on 
Operation-Manager (Member)
on 
LLembu
on 
seancorr (Member)
on 
aPa nama
on 
John
on 
kong
on 
protonsucks
on 
Maserati(Official)
on 
Mike
on 
Macho
on 
abc
on 
diperbodoh
on 
stan
on 
along
on 
jacksonljs
on 
lets do this
on 
Base model
on 
vroom vroom
on 
Nousername
on 
lying king
on 
moruh
on 
guguchuroz
on 
neemfa
on 
toko
on 
tokmoh.
on 
mika
on 
heybadigol (Member)
on 
Josh Ling
on 
Matchy
on 
Captain Obvious
on 
Wee fuk yew
on 
shawal
on 
putriumno
on 
cendol (Member)
on 
transformer
on 
pokmang
on 
mastermind
on 
Jose Mau Teh O
on 
Simon Hoh
on 
Same L0rr
on 
old dog
on 
jojo
on 
LimPek
on 
ky
on 
ben yap
on 
pai
on 
arkay928
on 
Andrekua
on 
skyjuice
on 
Sparcov
on 
karipap basah
on 
Dafuq
on 
Samlok
on 
who cares
on 
Andy
on 
zam
on 
Awang
on 
AI-generated Summary ✨
Comments express skepticism and frustration over the claimed 7% reduction in car prices, highlighting issues like lower specs, CKD/local assembly, and high taxes that keep prices high. Many believe the reduction is manipulated or insufficient, with some alleging government and industry collusion. There is also criticism of the government's failure to deliver promised reductions and accusations of misinformation and corruption, with calls for consumers to boycott or pressure manufacturers and authorities for genuine price decreases. Overall, sentiments are negative and distrustful.