HONDA Malaysia Sdn Bhd has slashed the price of Honda Civic Hybrid by RM21,000 following the full exemption of import duty and excise duty on such cars announced in the 2011 Budget recently.
The Civic Hybrid now costs RM108,980 in the peninsula and RM109,980 in Sabah and Sarawak, Honda Malaysia president and chief operating officer Rohime Shafie said in a statement yesterday.
Rohime said the move will make hybrid vehicles more accessible for environmentally-conscious Malaysians.
“These (tax) exemptions are certainly timely as Honda is looking into expanding its hybrid vehicle line-up in the country.
” The tax incentives will encourage more Malaysians to opt for environmentally-friendly technology that is also fuel-efficient, he added.
Read more: Honda slashes price of Civic Hybrid http://www.btimes.com.my/Current_News/BTIMES/articles/20101102004401/Article/index_html#ixzz144KOGZdG