Published on April 2nd, 2016 | by Daniel Sherman Fernandez0
Price Increase for Nissan Vehicles Announced by Tan Chong Motor
Tan Chong Motor Sdn Bhd (ETCM), the sole distributor of Nissan in Malaysia has announced a price increase for selected models by 2.8% to 6.7%, with effect from 1 April 2016. The decision for this price adjustment is mainly due to the weakened Malaysian Ringgit, which has severely impacted the overall operational costs of the Company.
Commenting on the price hike, Dato’ Dr Ang Bon Beng, Executive Director of ETCM said, “Over the past months despite severe pressure from a weakened Malaysian Ringgit, ETCM have implemented necessary measures to reduce the impact. However, due to the prolonged unfavourable foreign exchange and the persistent pressure of higher operating costs, selected models will have a price increase.”
The prices for Serena S-Hybrid, X-Trail, NP300 Navara and NV200 remain unchanged.
Price increase for only four (4) CKD models listed in the table below.
New Price for Peninsular Malaysia effective 1st Apr 2016
|Private Individual Registration|
|Model||Variant||Old OTR Price w/o Insurance||New OTR Price w/o Insurance||Differences|
|Grand Livina||1.6L MT||83,974.92||87,100.00||3,125.08||3.7%|
For more information, customers can call ETCM’s Customer Relations Department at 1800-88-3838.