KUALA LUMPUR: Honda Malaysia Sdn Bhd has today announced that the prices of selected Honda cars sold here will increase between five and nine per cent, effective today.
Honda Malaysia, in a statement, said the quantum of the price hike would depend on models and variants.
“(The price increase) follows the review to the completely knock-down (CKD) customised incentive,” it added.
Honda Malaysia said the customised incentive was different from the earlier-announced excise valuation regulation which was expected to not affect vehicle prices.
“Honda Malaysia will fully adhere to the latest requirement. The price adjustment will be synchronised across all 100 Honda dealers nationwide,” it added.