The Malaysia Automotive Institute (MAI) has come out to say that an impending increase in car prices next year as hinted by local distributors has not been confirmed, as it hinges on the ringgit’s value against major currencies, Bernama reports.
Chief executive officer Madani Sahari told the media that there is still just under three months left in 2015 – enough time, he claims, for the currency’s foreign exchange to improve.
“Things can change. We have seen the ringgit appreciating in the last one week, so it is not impossible for it to achieve a much better level by January,” Madani said. He added, however, that now would be the best time to buy cars as this would be the period carmakers throw various promotions to meet year-end sales targets.
So far, UMW Toyota Motor has already confirmed a price increase of between 4-16% on Toyota and Lexus models next year, while Edaran Tan Chong Motor (ETCM) has stated that it is considering such a hike on Nissan vehicles if the ringgit continues to fall. Honda Malaysia has reportedly also said that a price increase on its models could be on the cards.
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Bodoh MAI lagi… dengan kemaslanan lagi super dari 3.85 dia
Stupid MAI… UMW and BMW had comfirmed price increase. Don’t tell Rakyat MAI get news updates slower then Rakyat???
We are still waiting for 30% car price drop…
Dont wait..never happen laahh..I guaranteee..
30% price drop will surely happen…after they increased by 40%..
This year, it is estimated LHDN will collect the record highest collection ever in the history of Malaysia. This is true because just from GST alone, KDRM/LHDN already collected RM50 billion in 3 months. This is not including income tax, corporate tax, etc. Kerajaan Malaysia estimated to collect few hundred BILLION excluding the profits made by Petronas, EPF, PNB and Khazanah.
Don’t know why Government so greedy. They own UMW. They own Honda DRB, they own BMW, Ford, Hyundai (Sime Darby)
If the government wants, they can even reduce car prices cause this year, they untung many hundreds of bilions.
If they want, they can reduce the excise duty for cars but will this happened?
Capati Janji,you can wait forever…it will NAIK AND NAIK.Turun is a cursed word.It is a myth now.
Now car drivers avoid tolled roads.Good.
Why not car buyers avoid buying new cars for 6-9 months?If the BUYING STOPS…. their price is forced to DROP.Buy used cars…plenty of good options.After 6-9 months,your loved ones and friends will enjoy huge REBATES for new cars cos they have plenty of unsold stocks.
PUT A STOP TO BUYING NEW CARS!(If you dont mind secondhand car smell).
The rakyat must form a cartel to LOWER the already superduper hyped car prices.HIDUP RAKYAT BOLEHLAND!!
Tuan-tuan semua tak payah beli kereta tahun 2016. minta tangguh 1 tahun saja. Bayangkan jualan kereta jatuh 80% tahun 2016, nanti year end sale 2016 pengedar akan beri diskaun sampai 20%~40%. mari kita gunakan hak pengguna untuk turunkan harga kereta. Peace.
MAI should also ask his boss, Najib, where is the promise he made to the rakyat about the 30% reduction in car prices just before the election?
This Madani is very scared to ask. Why Madani are you scared to ask? It is recorded all over the media, Najib, making the promise to 30 million Malaysians that BN would reduce the car prices by 30% if BN won the election.
Where is this promise?
Bunch of shitheads. Already have GST. More than enough. Ckd units kena taxed like shit. Now These morons dare to Increase price! They want us to use bicycle to work or what?
Betul la bro. Diorang di MAI sumua celaka punya. Rakyat sudah kena beban GST, kenderaan awam macam ‘Pieces of Shit’. Ini diorang nak naik tu harga kereta lagi.
Bodoh celaka punya orang. Diaorang tidak peduli langsung rakyat negara ini. Terpaksa beli kereta shitbox proton and celaka punya perodua. Kesian rakyat malaysia.
Yes i am one of many malaysians driving the shitbox proton persona and my wife a shitbox perodua myvi extreme.
We worked very hard and still suffer like hell with garbage unwanted and rejected protons and hideous peroduas. Kesian rakyat2 malaysia. The Top 3% of rakyat driving ferraris, Bmws, Mercedes and Lamborghinis. Only God himself knows where they got the money.
Only way my friends is to pray hard and less complaining. Peace people.
Toll baru naik to feed the cronies. Malaysia is the only country in the world, 1 KM to build cost RM100 million and above (excluding cost of buying houses and land that highway crosses)
The crony companies, just get cheap labour Bangladeshi to build the highway. Each KM, at the most RM1 million.
But crony company tell Government it cost RM100 million per KM. Government then pay them so much in compensation and also give them 40 year contract to maintain the highway with increase in toll rates every few years.
Each and every highway is UMNO linked company and each contractor making and maintainning the highways are all UMNO division heads.
If according to them every time is the best time to buy cars.
Let us all hold our purchases of new cars and maintain our current cars. If we do this together, stock will not moving, inventory will increase, TIV will drop and finally drop. This will show, we customers can control the price.
When the buying stop, the killing can too,
If we work together, we can win this…
I believe this is just a tactic to move their sale. So people will rush to buy. Come Jan they will announce that after consultation with government, they are willing to absorb and maintain price. Can’t anybody smell their game?
This may happen to usual industry around the world, BUT BN MAI will likely follow “UMW” increase price due to slow sales !!! This’s a pure robbery by Govt !!!
So let’s do what Angah has suggested above. Foodstuff price increase we can’t do much. But we can live with old cars for quite some time. Let’s do this people and hope they don’t find a way to tax the air we breathe.
Everything gone so wrong in Malaysia economic. Our government also seems like not serious in trying improving it. 1mdb mess up a lot yet still trying cover it hard & never dare to prove what are they really did. How to convince the investor this way? The issue are known worldwide. Instead, not trying hard like getting new business planning to recruit new investors. Keep on comparing to our neighbours for their currency drop too like us. Sikap ‘tak apalah’ reach maximum level. Those countries has much less resources compare to Malaysia yet score so badly. Promise car price drop seems faded away. Promise gst giving better life for less living cost turn up to be opposite. There are so many bumiputras & non bumiputras suffering now. Before implement something, do government do deep research or not or just tiru those rich countries. Really bad. Really sad.
They did.
They discovered rakyat can still eat kfc, queue for iphone 6s, buy more mercedes, so mana rakyat tertekan?
Malaysians
are
being
screwed
big
time
Bila tol dibawah pegangan Gamuda naik, Azmin Ali (MB Selangor) cuba utk menyelamatkan rakyat Malaysia.. Boleh berjaya ke?
Apa menteri-menteri lain buat? Kira duit gaji sendiri cukup ke tidak bergelar jutawan Asia.
Inikan pula harga kereta…
Mana boleh banding dengan pimpinan Si “NAJIS” dengan penghianatan dia
Haha, this clown statement uttered by idiots again. So many hard lessons, from the car buyers to the industry players who had enough with this clown organisation which lie through their teeth and flip flop like nobody business. If MAI words could be trusted, pigs can climb tree man!
Car prices are mainly determined by demand. No make will increase their price if they cannot meet their sales target this year. When the buying stops, the price increase can too. It’s like everyone complaining about the increase of teh tarik but still continue to drink. Like teh tarik, a new car we have a choice either to buy it or not.
Better not get burdened by huge loans for a new car when daily necessities keep increasing in price.
I URGE all my fellow Malaysians to refrain from buying NEW cars at this moment. Lets teach them a lesson. When the DEMAND is LOW, they will have to force to bring the price DOWN!
Tak tahu pulak ada salesman yg jual KOTAK TAIK?
Org yg tak pakar ekonomi pun tau dgn DOLAR dah naik,
keadaan ekonomi global kemungkinnan barang2 asas pun naik. SO adakah kita tidak akan beli garam, gula, susu, ayam, ikan, daging, minyak masak, minyak kreta sebab harga naik. Elok sendiri JIMAT CERMAT dan klu TIDAK MAMPU jgn beli garam dan gula. Bersihkan sikit OTAK daripada TAIK tu.