Petaling Jaya, 21 February 2020 – Honda Malaysia (or ‘the Company’) today informed that the prices of selected Honda cars sold in Malaysia will increase by about 5%* to 9%*, depending on model and variant, effective 21st February 2020.
The anticipated higher prices of selected Honda cars follows the review to the Completely Knock-Down (CKD) customised incentive. This customised incentive is different from the earlier-announced excise valuation regulation which was expected to not affect vehicle prices. Honda Malaysia will fully adhere to the latest requirement.
The price adjustment will be synchronised across all 100 Honda dealers nationwide.
*Only for Peninsular Malaysia, East Malaysia (Sabah & Sarawak)
*Prices effective 21st February 2020
*Prices are subject to change without prior notice
Table 1: New Prices for Honda models effective 21st February 2020 in Peninsular Malaysia
Table 2: New Prices for Honda models effective 21st February 2020 in East Malaysia (Sabah & Sarawak)