Mercedes-Benz Malaysia Announces Continuation of Hybrid Exemption, No Price Increases for the Start of 2016

Good news for those who still has their eye fixed on Mercedes-Benz’s S400L Hybrid and E300 BlueTEC Hybrid. Mercedes-Benz Malaysia (MBM) has announced that they have managed to receive an extension on import duty and excise tax exemptions for the two locally-assembled hybrid models. The S400L Hybrid is priced at RM598,888 whereas the E300 BlueTEC Hybrid is priced at RM338,888.

“The locally produced hybrids are certainly a testament to the close cooperation between MBM and our local automotive stakeholders, in terms of both product and technological know-how," said MBM president and CEO, Dr Claus Weidner. “In our commitment to the Malaysian automotive market and our customers, we have invested in a sustainable manner into our production plant and have brought in the suitable technology geared to support the nation’s aspirations of becoming a hub for energy-efficient vehicles.”

Since 2003, MBM has invested over RM800 million to assemble, distribute, and market Mercedes-Benz passenger vehicles in Malaysia.

Originally the exemptions on import duty and excise tax for locally-assembled hybrids, under the 2014 National Automotive Policy, was set to expire at the end of 2015. As reported earlier, the company had applied for an extension on the tax exemptions last year, though for how much longer would these tax exemptions be in place is not further elaborated.

Despite a number of car companies mulling price increases for 2016, MBM’s vice president of passenger car sales and marketing, Mark Raine, says that they will not increase the prices of their models across the board at the start of 2016, but will continue to monitor all influencing factors.

“In the interest of our customers we will continue to provide the best product experience and customer services at competitive prices,” added Raine. 

The following is the price list of Mercedes-Benz Malaysia models as of 4th January 2016: