GST, HVGT, could resurface as part of Budget 2025 alongside RON95 rationalisation, says RHB analyst. Are we ready?
主页 新闻 所有资讯 Falling Ringgit: Slight Increase In Prices Of Toyota And Lexus Models In 2016 Falling Ringgit: Slight Increase In Prices Of Toyota And Lexus Models In 2016 所有资讯 Hans | October 05日, 2015 04:53 PM As expected, more and more car companies are making adjustments to the prices of their models as a direct result of the falling Ringgit, which has since lost almost 20 percent of its value year-to-date. UMW Toyota has just announced today it will be increasing the prices of its cars by 4 to 16 percent across the range, effective January 2016.Datuk Ismet Suki, President of UMW Toyota Motor stressed that the increase is still not sufficient to cover the losses due to forex.“We have tried our level best to keep the price increase as minimal as possible although with the increase of our vehicle price, we could only recover partially, not 100% from the impact we have been absorbing. If the Ringgit continues to slide in the near future, we may need to review our pricing structure again,” he said.He also explained that the unpopular move is inevitable as the company has been absorbing the additional cost over the past months“Year-to-date, the Ringgit has depreciated by almost 20% to the US dollar, thus increasing cost of operations for UMW Toyota. The company has weighed all possible options, but has no choice but to pass on some cost to the consumers to offset rising input costs due to the strengthening of the US dollar against the Malaysian currency,” UMW Toyota said in a statement to the press released today.Datuk Ismet Suki, President of UMW Toyota Motor said “Since the beginning of this year, the fluctuation of the Ringgit has impacted our business as some of our parts and components are imported, resulting in an increase in overall cost of production. We have implemented cost-efficiency measures and reviewed our operations across the supply chain to mitigate the weaker Ringgit.”“The company would have implemented necessary measures to minimise forex losses impact and address the fluctuation of Ringgit if it dropped gradually. Unfortunately, the sudden and huge fluctuation of Ringgit within a short period, has given great impact to our operations. Hence, the company will have to increase the prices of Toyota and Lexus vehicles effective January 2016. The increase is inevitable as there is no clear indication on when the Ringgit will rebound,” he explains.The company has yet to announce the new prices for Toyota and Lexus models for 2016 but said they will be made available in due course. The new prices will take effect from January 2016 onwards.The move comes after Hyundai Malaysia quietly raised the prices of three of its models. BMW Group Malaysia has also warned that price hikes in 2016 is likely if the Ringgit doesn't recover.Related links:Falling Ringgit: Three More Brands Expected To Raise Prices SoonFalling Ringgit: Hyundai Raised Prices Of Santa Fe, Elantra and VelosterBMW Group Malaysia: Price Hike Possible If Ringgit Continues To WeakenRinggit Hits RM4.33 To The Dollar, Lowest In 17 Years - Hike In Car Prices Imminent?Will Car Prices Increase Following The Sharp Devaluation Of Our Ringgit? ✕ 使用 WhatsApp 联系 我们依据 PDPA 保护您的个人信息。 我同意 Carlist.my 的使用条款和隐私政策 我同意接收来自 Carlist.my 及其汽车销售商、业务附属机构和合作伙伴的个性化通信。 查看最佳汽车优惠! Prev Next 特价 - 马上拨电！ 天 小时 平均市场价格 为什么没有价格？ 有时经销商希望您以最优惠的价格联系。 I 为什么没有价格？ 有时经销商希望您以最优惠的价格联系。 相关标签 Ringgit Toyota 打印 相关文章 Ringgit Hits RM4.33 To The Dollar, Lowest In 17 Years - Hike In Car Prices Imminent? 所有资讯 Hans | September 11日, 2015 The Malaysian Ringgit has fallen to a 17-year low, to RM4.33 to 1 USD Dollar. To date, the Ringgit has lost 19 percent of its value against the US ... Falling Ringgit: Three More Brands Expected To Raise Prices Soon 所有资讯 Hans | September 28日, 2015 Following the recent move by Hyundai Malaysia in raising prices for three of its models, reports have emerged claiming that Toyota, Honda and ... Mitsubishi Motors Malaysia Announces Price Increases To Come In Q1 2016 所有资讯 Jim Kem | November 04日, 2015 Seems like there’s only one natural move following the weak performance of the Ringgit against other currencies as of late. Mitsubishi Motors ... UMW Toyota Motor Confirms Plans For Second Plant In Malaysia 所有资讯 Hans | May 25日, 2016 Following the scoop by Japan’s Nikkei Asian Review last week, UMW Toyota Motor announced today that it will be investing RM2 billion into a new ... 留言
Falling Ringgit: Slight Increase In Prices Of Toyota And Lexus Models In 2016 所有资讯 Hans | October 05日, 2015 04:53 PM As expected, more and more car companies are making adjustments to the prices of their models as a direct result of the falling Ringgit, which has since lost almost 20 percent of its value year-to-date. UMW Toyota has just announced today it will be increasing the prices of its cars by 4 to 16 percent across the range, effective January 2016.Datuk Ismet Suki, President of UMW Toyota Motor stressed that the increase is still not sufficient to cover the losses due to forex.“We have tried our level best to keep the price increase as minimal as possible although with the increase of our vehicle price, we could only recover partially, not 100% from the impact we have been absorbing. If the Ringgit continues to slide in the near future, we may need to review our pricing structure again,” he said.He also explained that the unpopular move is inevitable as the company has been absorbing the additional cost over the past months“Year-to-date, the Ringgit has depreciated by almost 20% to the US dollar, thus increasing cost of operations for UMW Toyota. The company has weighed all possible options, but has no choice but to pass on some cost to the consumers to offset rising input costs due to the strengthening of the US dollar against the Malaysian currency,” UMW Toyota said in a statement to the press released today.Datuk Ismet Suki, President of UMW Toyota Motor said “Since the beginning of this year, the fluctuation of the Ringgit has impacted our business as some of our parts and components are imported, resulting in an increase in overall cost of production. We have implemented cost-efficiency measures and reviewed our operations across the supply chain to mitigate the weaker Ringgit.”“The company would have implemented necessary measures to minimise forex losses impact and address the fluctuation of Ringgit if it dropped gradually. Unfortunately, the sudden and huge fluctuation of Ringgit within a short period, has given great impact to our operations. Hence, the company will have to increase the prices of Toyota and Lexus vehicles effective January 2016. The increase is inevitable as there is no clear indication on when the Ringgit will rebound,” he explains.The company has yet to announce the new prices for Toyota and Lexus models for 2016 but said they will be made available in due course. The new prices will take effect from January 2016 onwards.The move comes after Hyundai Malaysia quietly raised the prices of three of its models. BMW Group Malaysia has also warned that price hikes in 2016 is likely if the Ringgit doesn't recover.Related links:Falling Ringgit: Three More Brands Expected To Raise Prices SoonFalling Ringgit: Hyundai Raised Prices Of Santa Fe, Elantra and VelosterBMW Group Malaysia: Price Hike Possible If Ringgit Continues To WeakenRinggit Hits RM4.33 To The Dollar, Lowest In 17 Years - Hike In Car Prices Imminent?Will Car Prices Increase Following The Sharp Devaluation Of Our Ringgit? ✕ 使用 WhatsApp 联系 我们依据 PDPA 保护您的个人信息。 我同意 Carlist.my 的使用条款和隐私政策 我同意接收来自 Carlist.my 及其汽车销售商、业务附属机构和合作伙伴的个性化通信。 查看最佳汽车优惠! Prev Next 特价 - 马上拨电！ 天 小时 平均市场价格 为什么没有价格？ 有时经销商希望您以最优惠的价格联系。 I 为什么没有价格？ 有时经销商希望您以最优惠的价格联系。 相关标签 Ringgit Toyota
Ringgit Hits RM4.33 To The Dollar, Lowest In 17 Years - Hike In Car Prices Imminent? 所有资讯 Hans | September 11日, 2015 The Malaysian Ringgit has fallen to a 17-year low, to RM4.33 to 1 USD Dollar. To date, the Ringgit has lost 19 percent of its value against the US ...
Falling Ringgit: Three More Brands Expected To Raise Prices Soon 所有资讯 Hans | September 28日, 2015 Following the recent move by Hyundai Malaysia in raising prices for three of its models, reports have emerged claiming that Toyota, Honda and ...
Mitsubishi Motors Malaysia Announces Price Increases To Come In Q1 2016 所有资讯 Jim Kem | November 04日, 2015 Seems like there’s only one natural move following the weak performance of the Ringgit against other currencies as of late. Mitsubishi Motors ...
UMW Toyota Motor Confirms Plans For Second Plant In Malaysia 所有资讯 Hans | May 25日, 2016 Following the scoop by Japan’s Nikkei Asian Review last week, UMW Toyota Motor announced today that it will be investing RM2 billion into a new ...