Nissan Prices In Malaysia Revised, Up By At Least 2.8%

Edaran Tan Chong Motor Sdn Bhd (ETCM), the sole distributor of Nissan in Malaysia, has just announced a price increase by 2.8% to 6.7% for selected models, with effect from 1 April 2016. The Serena S-Hybrid, X-Trail, Sylphy, NP300 Navara and NV200 will keep their prices unchanged.

The decision for this price adjustment is mainly due to the continued weakness of the Malaysian Ringgit, which has severely impacted the overall operational costs of the overall operational costs of ETCM. The company has continuously sought and reviewed opportunities to hold the current prices of Nissan vehicles for the interest of its customers, and in fact is one of the last auto companies to increase its prices.

ETCM has implemented cost rationalization measures and reviewed all operations across the supply chain to mitigate the weaker Ringgit. 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.”

He also said, “We at ETCM have always strived to offer affordable pricing to our customers. And with this, we have done our best in adjusting the price as minimal as possible and to only selected models. We assure that we will continue to serve our customers quality value-added products and the highest level of customer service that they have come to expect.”

The price increases are for only four CKD models listed in the table below.

For more information, customers can call ETCM’s Customer Relations Department at 1800-88-3838.