KUALA LUMPUR: Proton Holdings Berhad is among the car makers that have announced lower prices following the implementation of the Goods and Services Tax (GST).
There would be a reduction of up to RM1,475 or 3.25% per unit on selected variants, Proton chief executive officer Datuk Abdul Harith Abdullah said.
â€œThe new on-the-road prices includes all models under the Proton comprising Saga, Persona, Inspira, Staria Neo, Exora, PrevÃ©, Suprima S, and Iriz,â€ he said.
Citing the example of the Proton Saga, he said customers could now get it from as low as RM33,242.40 or a PrevÃ© 1.6L Turbo at RM61,023.46.
â€œAll these prices have taken into account the 6% GST and are the on-the-road prices,â€ he said in a statement.
Locally assembled models of Honda will be cheaper by between RM500 and RM2,500.
Honda Malaysia assembles the Jazz, City, Civic, CR-V, Accord and HR-V models in Malacca.
However, the price of its fully imported model â€“ the Odyssey â€“ would go up by between RM500 and RM1,000,
Honda Malaysia managing director and chief executive officer Yoichiro Ueno said the City 1.5L V would now be RM89,467 compared with the pre-GST price of RM90,813.
â€œThe HR-V 1.8L V, meanwhile, will be priced at RM118,229, down from the old price of RM118,815,â€ he said.
Ueno also said the prices of Honda vehicle spare parts would be lower on an average of 3.7%.
Labour costs, he said, would be more expensive with GST.
â€œLooking at the bigger picture, overall maintenance costs in view of the cheaper replacement parts will be down from 2% to 4% depending on the model,â€ said Ueno.
UMW Toyota Motor president Datuk Ismet Suki said there would be a price reduction of up to RM4,000 or 2% for Toyota and Lexus models.
â€œWe would be transparent in the business transaction and strictly adhere to the Price Control and Anti-Profiteering Act,â€ he said.