KUALA LUMPUR: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) will reduce its vehicle prices by between 0.1% and 1.6% depending on the models with the implementation of the Goods and Services Tax (GST) here the other day.
The second national car manufacturer said on Wednesday it would retain the prices of its spare parts while absorbing the impact of GST of 6%.
Perodua president & CEO Datuk Aminar Rashid Salleh said Perodua supported the GST as it was for the betterment of Malaysians for as long as the implementation is fair to all parties involved.
“While the impact of the GST may result in reduction to some areas of our business, unfortunately there are other areas of our business that will result in an increase in cost,” he said.
Aminar said based on these factors and the appreciation of the US Dollar to the ringgit, Perodua was able to pass along the savings to the customers on the price of the vehicles while absorbing the cost incurred on spare parts.
“We had repositioned the price of some of our models and added value ranging from 3% to 12% since 2013. In addition all our models have a five-year warranty for the peace of mind to our customers,” he said.
Aminar said the first product of the cost saving initiative was the Perodua S-Series which was well received and accumulated sales of about 153,000 units from March 2013 and January 2015.
He said that Perodua has been reducing the prices as well as improving its product offerings of its vehicles plus other benefits for its customers.
Aminar said that these improvements were the result of the investment and transformation programmes Perodua initiated since 2011 to be globally competitive in terms of quality, cost and delivery of goods as well as services.
“We are also committed towards improving the entire domestic supply chain as we continue our support and provide assistance to our vendors and dealers with the establishment of monetary development funds, better payment terms and providing human capital development programmes to them,” Aminar said.
