GST: Toyota, Lexus cars cheaper by up to RM4k or 2%
Not everything will be more expensive with the new Goods and Services Tax (GST), certainly not cars from Toyota and Lexus. But it’s not as simple as 6% GST replacing the old 10% sales tax […]
-
-
GST: Renault revamps prices, decrease of up to 1.12%
Following the implementation of the Goods and Services Tax (GST) today, Renault has announced a range-wide price update. The entire lineup will see a decrease with up to 1.12% touted. For starters, the CKD Renault […]
-
GST: New Peugeot price lists released – no changes
Peugeot vehicles in Malaysia will carry over the same prices into the GST era, official local distributor Nasim has confirmed. These new price lists, 16 in all, match the previous on-the-road with insurance figures (before […]
-
GST: Citroen prices stay as before – still RM118k-190k
Click to enlarge price lists. Naza Euro Motors has announced the post-GST prices of new Citroen models in Malaysia, and surprise, surprise, they remain exactly the same as before. Those interested can check out the […]
-
New car prices dropped 7% on average last year, 20% reduction on average by end-2017 targeted – MITI
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, […]
-
Govt to keep promise of lowering imported car prices by 20-30% in next five years – MITI deputy
International Trade and Industry deputy minister Datuk Hamim Samuri has said that the government is committed to ensure that prices of imported cars, especially those with mid-range engine capacities, will be reduced by up to 30%, […]
-
GST not an excuse to not lower car prices, says Deputy Finance Minister Ahmad Maslan – report
According to Deputy Finance Minister Datuk Ahmad Maslan, the implementation of the goods and service tax (GST) is not an excuse for automotive players to not lower car prices, he told Bernama. He was adamant […]
-
GST may not result in cheaper cars, says MAA
The implementation of the Goods and Services Tax (GST) in April 2015 may not result in car prices going down, the Malaysian Automotive Association (MAA) has said, according to The Star. “We are of the […]
-
NAP revision to promote local assembly as well as production of Energy Efficient Vehicles, says MAI
Malaysia Automotive Institute CEO Madani Sahari has revealed that the upcoming revision of the National Automotive Policy (NAP) will further promote local vehicle assembly, particularly of Energy Efficient Vehicles (EEV), in an attempt to transform […]
-
Car price drop to happen, will take some time
Well, not that it’s any surprise, but don’t be expecting cheaper cars in the near future – Bernama reports that a research house has indicated that the government is likely to take some time to […]
