Jaguar Prices Go Down With NAP

Kuala Lumpur, 30 March 2006 – Despite prices of CBU cars going up as a result of the NAP, Jaguar prices have been revised downwards. Savings of up to RM280,000, depending on car model, can be expected as a result of the new National Automotive Policy (NAP).

Sisma’s Managing Director, Syed Hussain Syed Ibrahim said the new pricing was welcomed as it comes at a time when Sisma is planning to expand its sales and service points across the nation in an effort to capture more market share in Malaysia. Syed Hussain added that the prices of Jaguar and Daimler models are dropping solely due to the reduction in duties under the new tax structure.

Jaguar expects the reduction in prices will attract more buyers from the younger set. “We will introduce two long awaited new flagship models in 2006. They will be Jaguar’s new XK coupe and convertible, and the Daimler Super 8 luxury saloon” said Syed Hussain.

“With the launch of these two models and our increased competitiveness in pricing, we expect our sales to soar to new heights this year,” added Syed Hussain.

Sisma Auto anticipates the sale of at least 100 units of Jaguar and Daimler in 2006.

Model Old Retail Selling Price New Retail Selling Price
X-Type 2.0 SE RM 288,888 RM 288,888
X-Type 2.5 SE RM 353,888 RM 333,888
S-Type 2.5 SE RM 438,388 RM 398,888
S-Type 3.0 SE RM 547,888 RM 498,888
XJ6 3.0 SE LWB RM 678,888 RM 648,888
XJ8 3.5 SE LWB RM 899,888 RM 799,888
Daimler 4.2 SC LWB RM 1,148,888 RM 918,888

Sisma Auto Sdn Bhd is the automotive arm of the Sisma Group. Established in June 1993, Sisma Auto is the sole importer and distributor for Jaguar and Daimler cars in Malaysia. It is also responsible for after-sales and support services for Jaguar and Daimler cars in Malaysia through its sister company – SW Parts and Services Sdn Bhd.