KUALA LUMPUR — April 2, 2015: Naza Kia Malaysia is the latest company to announce price reductions for on-the-road selling price of its models following yesterday’s implementation of the Goods and Services Tax (GST).
In a statement today, Naza said inclusive of the GST the price reductions vary from RM308 to RM2,088.
The new prices are for the Rio, Cerato, Optima K5, Sportage and Sorento in Peninsular Malaysia.
While Picanto’s price remained, the Rio 1.4 EX is reduced to RM73,580 from RM73,888 and the Sorento down to RM156,800 from RM158,888.
“The insurance premium is subjected to the GST and the new prices will remain unchanged until further notice from the company,” the statement said. — Bernama