Published on November 4th, 2015 | by Subhash Nair0
Mitsubishi Motors Malaysia To Raise Vehicle Prices by Early 2016
Mitsubishi Motors Malaysia (MMM) the official distributor of Mitsubishi vehicles in Malaysia today announced that prices for Mitsubishi vehicles will increase effective first quarter of 2016 due to the depreciation value of the Malaysian Ringgit (MYR) that has impacted the overall cost of the vehicle. The company currently estimates the price increase to be around 2% – 7% depending on the model.
“Despite all adversities, rest assured that MMM will continue to offer attractive on-going deals and promotions for our customers. MMM remains committed to provide all Malaysians with a pleasant ownership and value-for-money cars,” said Chief Executive Officer (CEO) of MMM, Mr. Yang Won-Chul.
If the Malaysian Ringgit appreciates to a better currency, the company will review its pricing structure again. MMM is represented by 58 showrooms (out of which 49 are 3S Centres) and 53 service outlets throughout Malaysia.
Since 2005, MMM has sold more than 90,000 units of vehicles in Malaysia. The ASX 2WD and 4WD compact SUV is locally assembled in Malaysia while the other Mitsubishi models are imported as CBU (Completely Built-Up) units from Thailand (compact hatchback Mirage, compact sedan Attrage, Pajero Sport SUV, Triton pick-ups) and Japan (Lancer).
For more information, visit www.mitsubishi-motors.com.my or ‘Like’ us on Facebook at https://www.facebook.com/MitsubishiMotorsMalaysia . Visit Mitsubishi showrooms nationwide to find out more and to register for interest.