Perodua offers between 3 pct and 6 pct rebates on all models

Perodua is offering cash rebates of between 3 percent and 6 percent for all models on-the-road excluding insurance prices from today until June 14.

The local carmaker said this is to allow customers to purchase a car at a lower price even before the 100 percent sales tax exemption on new completely knocked-down (CKD) vehicles and a 50 percent sales tax exemption for completely built-up (CBU) vehicles, announced by Prime Minister Muhyiddin Yassin in the National Economic Recovery Plan (Penjana), which will begin on June 15.

“We want everyone to take this opportunity to own a Perodua without worrying about being left out,” president and chief executive officer Zainal Abidin Ahmad said in a statement today.

He said Perodua is also in full support of the government’s move to fully exempt sales tax for the purchase of CKD cars until the end of the year to shore up the domestic economy.

“This move to fully exempt CKD cars from sales tax is a confidence boost for the automotive industry, not just for car buyers but the entire ecosystem of manufacturers, suppliers and dealers.

“Along with low financing rates at this difficult time, we are cautiously optimistic that this will spur new car sales,” he said.

For the first five months of this year, Perodua sold 52,920 vehicles, giving it a 41 percent market share against an estimated year-to-date total industry volume of 129,401 units.

With all Perodua models having over 90 percent local content, the carmaker purchased RM5.4 billion worth of components from Malaysian suppliers last year.

- Bernama