Here is some good news to start off the week with. Sime Darby Motors has revealed that its automotive retail and distribution arm has seen an increase in demand for its vehicles since the start of the government’s stimulus package. The recent announcement of the Pelan Jana Semula Ekonomi (PENJANA) stimulus package was aimed at spurring Malaysia’s economic recovery. To aid automotive companies, this initiative implements a 100% reduction in sales tax for locally assembled new cars. For fully imported new vehicles, the sales tax of 10% is reduced by 50%.
“The positive market response towards our recent sales campaign indicates that while many consumers may be cautious about returning to normal life, they also view personal vehicles as an important investment for their safety, and in maintaining social distancing. And with the added tax exemptions as incentive, we are seeing signs of recovery as foot traffic and orders across all our brands in Sime Darby Motors are returning to pre-lockdown levels,” said .Jeffrey Gan, Managing Director of Sime Darby Motors’ Retail & Distribution arm.
“Nevertheless, we remain committed in upholding the standard operating procedures set by the government by ensuring that social distancing is strictly practiced at all times at all our premises. We do this by limiting the number of customers at our premises depending on the size of the retail area to avoid overcrowding. The safety and health of our employees, customers and business partners remain our utmost priority,” he added.
Sime Darby Motors currently is represented by 27 outlets retailing BMW, MINI, Motorrad, Volvo, Jaguar, Land Rover, Porsche, Ford, and Hyundai vehicles. Additionally, Sime Darby Auto Selection retails quality pre-owned cars.
In its effort to be the preferred mobility partner, Sime Darby Motors recently launched its Corporate Programme. The programme entitles a company, its directors, employees and their spouses to enjoy fleet membership entitlement. Benefits include discounts of up to 10% from a vehicle’s Recommended Retail Price depending on the brand and model when they purchase a minimum of two vehicles.
“With the exemption of sales tax for the next six months, now is the best time for consumers to seize the opportunity to own their dream cars with great savings and a peace of mind knowing that their sales and after-sales needs are cared by our passionate professionals who are dedicated in providing world-class services”, he explained.
Sime Darby Motors has also invested over RM560 million in building the first of its kind auto mall in the region known as Sime Darby Motors City located in Ara Damansara, Petaling Jaya.