The Civic Hybrid is now priced at RM108,980 OTR with insurance, which is RM21,000 cheaper than before.Thanks to the Government’s decision to fully waive excise and import duty, as announced in the 2011 Budget. Read the full news from TheStar below.
CIVIC HYBRID CHEAPER BY RM21,000
PETALING JAYA: Honda Malaysia Sdn Bhd has reduced the price of its Civic Hybrid by RM21,000 following the Government’s decision to extend the tax incentives for hybrid vehicles until Dec 31, 2011.
With the revised pricing, customers can now purchase the Civic Hybrid with a on-the-road price of RM108,980 in Peninsular Malaysia and RM109,980 in East Malaysia.
“As the pioneer in introducing the hybrid technology to the Malaysian market, we are pleased with the government’s decision to allow full exemption of import duty and excise duty as announced in the recent Budget 2011.
“The move will make hybrid vehicles more accessible for environmentally conscious Malaysians. These exemptions are certainly timely as Honda is looking into expanding its hybrid vehicle line-up in Malaysia,” said Honda Malaysia president and chief operating officer Rohime Shafie.
Honda Malaysia believes that the tax incentives offered by the Government will encourage more Malaysians to opt for environmentally responsible technology that is also fuel-efficient.
Building on its pioneer role in the introduction of the Hybrid technology to Malaysians, Honda will continue to educate and build awareness on advanced green technologies among Malaysians.
“Honda is committed to continue developing technologies which are gentle on the environment yet fun to drive,” Rohime said.