Perodua has announced that the upcoming Perodua MPV will be launched this month with the development cost of RM280 million just to rebadge the Toyota Passo Sette. Another cheap and affordable MPV for Malaysian market with the price tag of between RM56k to RM65k which is lower than the Proton Exora due to it is categorized as the compact MPV which has the theme of “A car that can be an MPV when you want it”. Read further news from btimes below.
PERODUA MPV – A CAR THAT CAN BE AN MPV
Perusahaan Otomobil Kedua Sdn Bhd (Perodua) has spent close to RM300 million to develop its first multi-purpose vehicle (MPV), which it will launch this month.
However, the country’s largest car company in terms of sales appears poised to reap much more than its investment.
Motoring writers given a sneak preview of the MPV last week were bullish about its prospects.
The writers heaped praise on the 1.5-litre vehicle which Perodua prefers to call “a car that can be an MPV when you want it”.
Perodua managing director Datuk Syed Abdull Hafiz Syed Abu Bakar said it spent RM280 million to develop the Perodua MPV. More than half went towards the assembly of its 1.5-litre engine.
“The overall investment is almost similar to that of the Myvi,” Syed Hafiz told Business Times.
A senior Perodua plant executive said that some RM150 million was spent on the assembly of the MPV Perodua engine at its manufacturing facility in Sungai Choh, Selangor.
The engine factory, operated under Perodua Engine Manufacturing Sdn Bhd, manufactures key parts such as cylinder head and crankshaft for final assembly of the engine there.
Perodua has said it expects to sell at least 3,500 units of the MPV a month. Based on its design, features and price of Perodua MPV (RM56,000 to RM65,000 for three variants), a minimum monthly volume of 4,000 units is possible.