Under the Short-term Economic Recovery Plan, a 100% sales tax exemption for new completely-knocked-down vehicles and a 50% exemption for completely-built-up vehicles has been announced.
Perodua president and chief executive officer Datuk Zainal Abidin Ahmad said the carmaker would incorporate the new prices throughout the tax reduction period.“Please visit any Perodua sales outlet and speak to our authorised sales advisers for the total cash rebate amounts and the full price list that will be effective June 15, ” Zainal added. Perodua’s current model range comprises Myvi, Axia, Bezza, Aruz and Alza.
However, Perodua is cautiously optimistic that the tax reductions will spur new car sales despite the low financing rates as Malaysians are spending more cautiously due to the Covid-19 and the movement control order. For first five months of 2020, Perodua has sold 52,920 vehicles, giving it a 41% market share against an estimated year-to-date total industry volume of 129,401 units.