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  • GST zero-rated: Nissan rebates begin ahead of June 1

    Edaran Tan Chong Motor (ETCM), which has revealed its new Nissan price list with 0% GST that will come into effect on June 1, has announced that it is pulling ahead the new implementation by offering GST rebates for Nissan passenger vehicles registered from May 16-31.

    Under this promotion, ETCM says it will provide a full cash rebate on GST for Nissan passenger vehicles registered during the mentioned period, and added that with the GST rebates in effect, the price protection promise it mentioned earlier is no longer valid. The company had said during the C27 Serena S-Hybrid launch that the scheme would be introduced to protect customers against impending price movements.

    Aside from the GST rebate, customers will also be able to enjoy greater savings with Duit Raya rewards via the ongoing Blissful Journey with Nissan promotion throughout the month of May. The promotion adds on further savings of up to RM13,000 on top of the removal of GST from the equation. In the case of the X-Trail and 2017 Navara models, total savings can amount to more than RM19,000.

    The new 0% GST on-the-road (OTR) prices, excluding insurance, will remain in effect until GST is eventually replaced by the sales and services tax (SST). The exact return of SST has not been revealed, but according to Tun Daim Zainuddin, head of the government’s Council of Eminent Persons, SST should be back in place within a two to three month timeframe.

    Check out our earlier report detailing the revised prices of Nissan vehicles without GST.

     
  • Canadian food mogul buys 10% of McLaren for £204m

    The McLaren Group has seen the entry of a new major shareholder in Canadian Michael Latifi. The owner of Sofina Foods, the third largest food company in Canada, invested almost £204 million (RM1.09 billion) in return for a 10% stake in the group, which includes McLaren Automotive, McLaren Racing and McLaren Applied Technologies.

    He’s the third largest shareholder in McLaren now, behind the Bahrain Mumtalakat Holding Company (56%) and Mansour Ojjeh’s TAG Group (14%).

    “This injection of capital is a vote of confidence in our future strategy and the group remains as focused as ever in positioning for growth. We are delighted Michael Latifi has joined the McLaren family,” said McLaren Group executive chairman Shaikh Mohammed bin Essa Al Khalifa.

    Latifi, whose son Nicholas is a Force India F1 test driver and F2 regular with DAMS Racing, said. “I have been an admirer of the McLaren brand and its businesses for some time. McLaren is a unique organisation in automotive, racing and technology with exciting long-term growth prospects, which is why I have made this investment. I am proud to be part of McLaren and this incredible brand.”

    “This new capital, which is part of the group’s simplification over the last 12 months, will significantly strengthen the group’s balance sheet and underpins its ambitious growth plans laid out in its five-year business plan,” McLaren said in a statement.

    The McLaren F1 team, which has ditched Honda power for Renault engines, is currently fifth in the constructor standings after five races. With 40 points, it’s a point behind the works Renault team but 40 points behind fellow Renault customer Red Bull. The road car division came up with the Senna late last year, a wild 789 hp road-legal track monster.

     
  • BMW iNEXT teased – electric vehicle due out in 2021

    The BMW iNEXT may still be at least three years away from production, but Munich has already released the first teaser sketch of its next-generation, fully-electric BMW i model.

    From the sole side view provided, the car features a long, low-slung roofline, with notched side windows that were also seen on the i Vision Dynamics concept. The prominent fender bulges hint of it being an SUV, which would put it into contention with other bespoke electric premium SUVs.

    These include models such as the Mercedes-Benz EQC, Audi e-tron quattro and Jaguar I-Pace. The company already has the iX3 in development that will take on these vehicles in the short term.

    Set to offer advanced technologies such as full connectivity and highly automated driving, the iNEXT will be previewed by a concept car later this year, similar to how the i Vision Dynamics presaged the upcoming i4. The car will be built on a new modular architecture that will be shared with other models in the BMW lineup.

     
  • SPYSHOTS: Porsche 911 Speedster spotted in the wild

    With the current-generation Porsche 911 (991 Series) set to be replaced with an all-new model (992 Series) next year, the German carmaker is preparing a grand send-off in the form of the 911 Speedster for the 991 Series.

    Here it is as captured by our spies, and it will be the fourth 911 Speedster produced after the 930, 964 and 997 generations. As far as we can tell, the test mule looks almost production ready, and it shouldn’t be too long before it makes its global debut.

    While it may look like a typical 911 Cabriolet at first glance, the fitment of the fabric top on this mule looks a little awkward and likely masks the design changes beneath. Expect a lowered windscreen and a manual ragtop to be part of the Speedster’s feature set – a throwback to the original 356 Speedster like the previous 997-based Speedster.

    Like that model, the new one will be built in limited numbers, which could be 1,948 units to celebrate Porsche’s 70th anniversary this year. The previous Speedster saw just 356 examples being built, by comparison.

    Our spies claim the mule here is powered by a 4.0 litre naturally-aspirated flat-six engine, given the presence of a 911 GT3 RS in the convoy. There’s also a likelihood that the 3.0 litre turbocharged flat-six from the 911 GTS will be used, but we’ll have to wait to find out.

    The Speedster project should be handled by Porsche’s Exclusive department, with the 997-based Sport Classic being another one of its creations. Expect it to cost more than a pretty penny, and be highly desirable among car collectors.

     
  • Audi Q8 teased in new Q8 Unleashed video series

    Audi vehicles have starred in several blockbusters over the years, such as the Transporter and Iron Man series as well as the greater Marvel Cinematic Universe, but Ingolstadt’s latest creation – the new Q8 – will star in its own action series. The five-part Q8 Unleashed is part of a teaser campaign for the BMW X6-rivalling SUV “coupé”, which will run down to the car’s unveiling next month.

    The first video short has just been released, and it depicts the life of power couple Sandra and Quentin. Their lavish lifestyle was turned upside down when Quentin was kidnapped during what was supposed to be a romantic date night. As for the car itself, not much can be seen, but we do spot a pair of heavily-bolstered bucket seats that hint at the sporting nature of the Q8.

    Of course, we’ve seen pretty much everything else about the car, through revealing spyshots that show both the rakish exterior and the A8-inspired high-tech interior. We also know that the Q8 will ride on the MLB Evo platform employed by the Q7, Bentley Bentayga, Porsche Cayenne and the new Volkswagen Touareg, and we expect engine options to largely mirror that of the A8.

    Two powertrains have already been shown so far – the 476 hp 3.0 litre TFSI V6 with a 48V mild hybrid system in the Q8 sport concept and the 448 hp plug-in hybrid version in the Q8 concept, both of which supposedly presage the production model. An eight-speed automatic transmission and a quattro permanent all-wheel drive system will likely be offered as standard.

    GALLERY: Audi Q8 spyshots

     
  • Mercedes-Benz to produce compact EQ model in France, invests 500 million euros in Hambach facility

    Mercedes-Benz is continuing its EQ push by announcing an investment of around 500 million euros (around RM2.34 billion) in its Hambach plant in France. The facility, which currently makes electrified smart vehicles, will produce a compact EQ model once all preparations are complete. The vehicle in question is likely the production version of the Concept EQA shown in Frankfurt last year.

    “Twenty years ago, we started an exemplary German-Franco project with the production of the smart in Hambach. Now we take the next step and for the first time in our more than 100-year old history we bring the production of Mercedes-Benz to France. With the compact EQ model from Hambach we continue our electric initiative,” said Dieter Zetsche, chairman of the board of management of Daimler AG and head of Mercedes-Benz Cars.

    “The Hambach site in France features many years of experience in building fully electric cars. We want to take advantage of the enormous expertise and prepare the plant for the production of an electric Mercedes-Benz,” added Annette Winkler, head of smart.

    “We are investing a total of around 500 million euros in the Hambach plant and in the product. It is now paying off for our employees that they already contributed to a significant improvement in the competitiveness of the Hambach site two years ago with the ‘Pacte 2020’,” she added.

    By 2022, Mercedes-Benz plans to electrify its entire portfolio of vehicles, which includes ten fully electric passenger cars across all segments – from the smart to a large SUV. Development of plug-in hybrids and the introduction of 48-volt systems will also continue in the meantime.

     
  • GST zero-rated: Peugeot models up to RM10,419 cheaper – Raya discounts, ex-SEA Games units as well

    Alongside those for Kia, Citroën and DS, Naza has also released new prices for Peugeot models without the six-percent goods and services tax (GST), which will come into effect on June 1. This coincides with government’s move to set GST to zero percent at the same time, ahead of the formal reintroduction of the sales and service tax (SST) sometime down the line.

    With GST out of the picture, all models are cheaper by the tune of between RM4,915.48 for the 208 PureTech and RM10,419.10 for the 508 SW THP wagon. The 5008 seven-seater SUV – which was just launched last month – is now RM9,816.11 less expensive, at RM164,071.89.

    Click to enlarge

    On top of these prices, Naza is also offering Raya rebates on all but the 5008, ranging from RM1,000 for the 3008 to a whopping RM45,000 for the 508 SW, bringing the price of the big wagon down to RM129,091.59. At the other end of the spectrum, the 208 PureTech receives a RM12,000 discount, retailing at RM70,179.69.

    Also on offer are the 508 THP, 508 GT and Traveller MPV used during last year’s SEA Games, retailing at RM117,294.72, RM141,472.21 and RM149,333.33 respectively.

     
  • GST zero-rated: Mitsubishi Motor Malaysia’s vehicle prices reduced by up to RM8.7k effective June 1

    Mitsubishi Motors Malaysia (MMM) has announced a new price list for its Mitsubishi model line-up, and this will come into effect from June 1, when the 6% goods and services tax (GST) that is in place will go to 0% as per the announcement made by the new Pakatan Harapan government last week.

    The new on-the-road (OTR) – excluding insurance – prices will remain in place until the sales and services tax (SST) returns to replace GST. The date of SST’s implementation has not been confirmed, but Tun Daim Zainuddin, head of the government’s Council of Eminent Persons, has said that it will be back in place within a two to three month timeframe.

    With GST removed, savings range from RM4,314 for the Triton Quest to RM8,712 for the Outlander 2.4L. The Triton Quest, currently priced at RM77,390, will officially go for RM73,076 from June 1. As for the Outlander, which is now priced at RM154,988, will have its price adjusted to RM146,276 at the start of next month.

    Click to enlarge.

    The differences as listed are never directly a flat 6% when based on an OTR price comparison with and without GST. This is because GST is only applied on the selling price of a car (and in the case of CBU models, a Puspakom inspection fee), with road tax, registration fee as well as an ownership endorsement fee then added on top of that (without GST) to form an OTR price without insurance.

    On top of the removal of GST, MMM’s ongoing Hari Raya promotion promises even more savings to be had from June 1. The company is offering a Raya bonus on all the models in its line-up, with discounts starting from RM4,000 for the Outlander 2.4L and 2.0L as well as four Triton models (Athlete, VGT Adventure X, VGT AT GL and VGT MT).

    The Triton MT and Quest, meanwhile, as well as the ASX 2WD and 4WD, will see a RM8,000 reduction in pricing during the promotion period, and the Triton VGT AT Premium will see an additional RM12,000 being lopped off, giving it a RM97,782 OTR price (or RM18,518 less than that now).

     
  • GST zero-rated: Citroen, DS prices up to RM10k down

    Naza Euro Motors has released a new price list for Citroen and DS vehicles that will come into effect from June 1, when the goods and services tax (GST) will be rolled back to 0% from the current 6%. The effective removal of GST was announced by the new Pakatan Harapan government last week, fulfilling a major campaign promise.

    These new prices – which are on-the-road excluding insurance – will remain in effect until the sales and services tax (SST) comes back in to replace GST. The latest is that it will happen “in two, three months” time according to Tun Daim Zainuddin of the government’s Council of Eminent Persons. That’s a fairly large tax-free window of opportunity, should you want to take full advantage.

    Without GST, savings range from RM7,084 for the Citroen C4 Picasso to RM10,940 for the DS5 facelift. That’s before Naza’s “Raya Drive Offer” promo, which brings prices further down by a significant margin. It’s valid till June 30.

    Click to enlarge

    There may be slight variations in the percentage of reduction, which is typically slightly less than 6% flat. This is because 6% GST is only applied on the selling price of a car (and in the case of CBU models, a Puspakom inspection fee), before GST-free registration essentials such as road tax, registration fee and ownership endorsement fee are added on.

    There has been minor changes to Citroen’s offerings in Malaysia. Based on this latest price list, the Grand C4 Picasso is no more, leaving just the regular five-seater C4 Picasso in L2 Seduction trim. Also, the DS5 facelift – now without Citroen badges – has quietly gone on sale.

     
  • GST zero-rated: Ford prices reduced by up to RM33k

    Sime Darby Auto Connexion (SDAC) has released a new price list for Ford vehicles that will come into effect from June 1, when the goods and services tax (GST) will be rolled back to 0% from the current 6%. The effective removal of GST was announced by the new Pakatan Harapan government last week, fulfilling a major campaign promise.

    These new prices – which are on-the-road excluding insurance – will remain in effect until the sales and services tax (SST) comes back in to replace GST. The latest is that it will happen “in two, three months” time according to Tun Daim Zainuddin of the government’s Council of Eminent Persons. That’s a fairly large tax-free window of opportunity, should you want to take full advantage.

    Without GST, savings range from RM4,677 for the Ranger XL Standard to RM33,261 for the Mustang GT. There may be slight variations in the percentage of reduction, which is typically slightly less than 6% flat. This is because 6% GST is only applied on the selling price of a car (and in the case of CBU models, a Puspakom inspection fee), before GST-free registration essentials such as road tax, registration fee and ownership endorsement fee are added on.

    Click to enlarge

    In addition to the removal of GST, SDAC is having some eye-catching 10th anniversary promotions. How about buy one free one? Yes, but you’ll have to buy a Mustang to get a Fiesta 1.5L Sport for free. Limited units of the S-Max MPV are on offer at “celebratory prices” starting from RM147,000. Also, those who purchase any Ranger Wildtrak variant will receive free service and maintenance for two years or 40,000 km.

    All Ranger buyers stand to win prizes including a Fiesta 1.5L Sport and 15 units of Huawei Mate 10 Pro smartphones. Winners will be picked via a monthly lucky draw, with five phones to won each month. With the first draw completed, there are still ten phones to be won. The grand prize winner will be announced after the final draw in June.

    There’s more. SDAC’s “Raya Joy & Enjoy” promotion will run from June 1-13, offering one daily prize (electronic goods, smartphone or gadget) for 13 days, valid for registrations (not bookings) within the promo period.

     
 

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Last Updated 10 May 2018



 

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