The prices will be effective from June 15, 2020 and the government is providing exemption until December 31, 2020. Only the Captur will have 100% exemption of Sales Tax as it is assembled locally.
On top of the Sales Tax savings, TC Euro Cars is continuing with the online exclusive offers available through the Renault E-Store in the form of 6-month instalment waivers with savings ranging from RM6,600 for the Captur to RM17,000 for the Megane R.S.
Customers who trade-in their vehicles will enjoy further rewards of up to RM8,400. Additionally, Captur and Koleos customers also get a free 5-year (or maximum of 100,000 kms) service package worth RM6,278 and RM7,837, respectively.
TC Euro Cars enhances sales and aftersales offers for Renault customers
As the F1 community prepares for the start of the 2020 Formula 1 World Championship season next month in Europe, the organisers of the Singapore Grand Prix have announced that the event is cancelled. Until today, it was uncertain of the street race would be run but the decision has been taken in view of continuing nationwide restrictions on construction and business activities due to the COVID-19 pandemic.
“While there are still more than 3 months to go before the scheduled race on September 20, we regret to announce that we will be unable to proceed with the race due to the prohibitions imposed on access and construction of the event venue required for a street race to be held in the city,” the organisers said, adding that ‘confirmation of the cancellation will also give certainty to our fans, ticket holders, and commercial partners’.
Insufficient time, besides safety concerns
It was explained that the limitations, which continue to remain in place, would make building and construction work of the circuit unable to take place. Normally, such work starts in May each year as the infrastructure for the circuit, especially safety aspects, is a temporary one created specifically for the event which has been run annually since 2008.
Ticket holders will receive automatic refunds within 30 business days but if they prefer, there is also the option of retaining their ticket for the 2020 event.
7 rounds cancelled
To date, 7 rounds of the 2020 championship have been cancelled. They are the Australian GP, Monaco GP, French GP, Netherlands GP, Singapore GP, Azerbaijan GP and Japan GP. There were originally 22 rounds in this year’s calendar.
The championship will have its opening round in Europe on July 5, starting with two weekends in Austria. The organisers will try to have at least 15 – 18 races before the end of the year. However, apart from strict health-related procedures for the participants, the races will also be run without spectators and rely largely on TV and internet broadcasts.
2020 Formula 1 World Championship will finally start in July with first 8 rounds confirmed
* * Total promotion includes cash rebate + free accessories package (subject to change). Valid until June 30, 2020.
For more information or to locate an authorised Toyota showroom in Malaysia, visit toyota.com.my.
Here are the revised prices of Volkswagen models distributed by Volkswagen Passenger Cars Malaysia (VPCM) which will be effective from June 15, 2020:
♦ For locally-assembled models, the exemption of Sales Tax is 100% of the 10% rate. The Volkswagen models applicable are the Polo, Vento, Tiguan and Passat. These are assembled at the plant within the HICOM Automotive Manufacturers complex in Pekan, Pahang.
♦ For models imported in completely built-up (CBU) form, the exemption of Sales Tax is 50% of the 10% rate, which is 5%. Models which are CBU are the Golf R-Line, Golf GTI and Golf R.
♦ The Sales Tax exemption is only applicable to 2020 models and will be allowed up till December 31, 2020.
♦ All the models listed come with 3-years of free maintenance, a 5-year manufacturer’s warranty and 5 years of complimentary roadside assistance (terms and conditions apply).
Current promotion
On top of the price reduction, customers can also get additional savings such as the first 6 months of H-P instalments covered by VPCM. This offer is applicable to the Tiguan SUV and new vehicles must be registered by June 30, 2020. There are additional rebates and free home delivery service for customers when using the Volkswagen eShowroom to book online.
For more information or to locate an authorised Volkswagen dealership in Malaysia, visit www.volkswagen.com.my.
Customers who buy Volkswagens can have new vehicle delivered to their homes
For those who are starting their journey into the working world after graduation, having personal transport might be something they have been looking forward to. To help graduates acquire a new car,
UMW Toyota Motor Sdn Bhd (UMWT), in collaboration with Maybank Islamic Berhad, has a special financing package just for graduates who wish to purchase a new Toyota Vios, Yaris or Avanza.
The Murabahah Vehicle Term Financing-i (MVTF-i), in accordance with the Murabahah principles, will provide an additional financing option to the graduates besides the Islamic Hire-Purchase (HP) financing in accordance with Al Ijarah Thumma Al-Bai (AITAB). This financing package is only available in Peninsular Malaysia.
Murabahah financing also follows Islamic financing principles and the combined amount financed can be up to 100% with takaful contribution of Takaful bundling and other costs (legal costs, stamp duty, etc).
“At UMW Toyota Motor, we are always looking for the best ways to work with our business partners for our customers to own a brand new Toyota vehicle. With this new financing package, graduates will be able to acquire a Toyota Vios, Yaris or Avanza as the financing package helps to make the downpayment more affordable. The support we offer will also make the ownership experience enjoyable for many years to come,” said Ravindran K., President of UMW Toyota Motor.
The financing is available to graduates (degree-holders) who are aged between 21 and 30 years old and are currently employed. They should be earning at least RM3,000 a month and have been employed for a minimum of 6 months. For those with less than 6 months of employment, their parents can act as guarantors (subject to Terms & Conditions).
Should their income be less than RM3,000 but more than RM2,000, it is still possible to apply for the financing package provided their parents (as guarantors) have a household income of RM5,000 or more.
The Toyota Vios, Yaris and Avanza are among the best-selling models in the non-national segment in the Malaysian market. With their compact size, ease of driving, economical performance from 1.5-litre engines, and low cost of maintenance, they would be ideal for those who are just starting out in the working world.
Features such as the Blind Spot Monitor (BSM) with Rear Cross Traffic Alert (RCTA) and of course standard items like airbags and ABS ensure that safety aspects are covered.
For peace of mind, the Manufacturer’s Warranty is 5 years and as there is no limit on mileage travelled, this means that warranty coverage is for the full period of time. Additionally, if insurance coverage is purchased from UMW Toyota Motor’s authorized dealers, owners receive free membership to 24SEVEN Road Assist breakdown and emergency service assistance available 24 hours a day, 7 days a week.
Authorized Toyota dealers nationwide can provide more information or visit the Toyota Malaysia website at Toyota.com.my.
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Sime Darby Motors has a wide range of brands in its retail and distribution portfolio for the Malaysian market. These Ford, Jaguar, Land Rover, Hyundai, BMW, MINI, Motorrad and Volvo. To cater to the needs of corporate clients, the company is having an ‘Unbelievable Deals’ campaign. a corporate programme providing special privileges with very attractive cost of ownership and exceptional benefits.
This campaign is applicable across all the brands to suit different requirements. “This programme is specially curated to reward our loyal customers across Sime Darby Motors Malaysia. As exhilarating as it is rewarding, we aim to offer our customers with irresistible deals whilst ensuring their sales and aftersales needs are cared for by our passionate professionals who are dedicated in providing world-class services that exceed expectations,” said Jeffrey Gan, MD of Retail & Distribution, Malaysia.
“The automotive industry is moving towards a more digital environment to fit with the needs of our consumers. Our operating units are continuously innovating to find new ways of digitalising the car-buying process; from digital showrooms and door-step test drives to contactless servicing and eventually delivering customers’ cars to their doorsteps. The digital transformation in the automotive industry is certainly opening up new opportunities for us,” he explained.
On the impact of the COVID-19 pandemic, Mr. Gan said the company takes the current situation very seriously. “We stand guided by the government’s policy, with the safety and health of our employees, customers and business partners being our utmost priority,” he explained.
More information on the corporate programme is available at the individual websites of the respective brands.
By this time last year, at least seven rounds of the Formula 1 World Championship would already have run. But in 2020, not a single round has taken place due to the global pandemic that forced many countries to have lockdowns, preventing most activities from taking place, including motorsports.
The severity of the pandemic and its rapid spread was unexpected and although initially, the F1 organization expected to be able to start the championship in the second quarter, the continued lockdowns made that impossible. There were proposals to run races without spectators but then travel between countries was also becoming increasingly difficult and the organizers started to look at the second half of the year with a reduced number of rounds to fit the 6 months left.
European rounds start first
There were to be 22 races to be run in this year’s championship. Clearly, the organizers had to find a way to run the events with so much sponsorship money at stake, and the teams too wanted to race as the financiers had put in so much money. The FIA (the body governing motorsports) worked closely with the teams and organizers and finally agreed to begin the championship from July. This is on the assumption that the continued lifting of restrictions in many European countries with improving situations continues and there isn’t a massive wave of new infections.
“Over the past two months, Formula One has been working closely with all partners, authorities, the FIA and the 10 teams to create a revised calendar that will allow a return to racing in a way that is safe for the communities visited and the entire Formula 1 community,” the FIA said in a statement.
“The opening 2020 schedule will begin in Austria on July 3 – 5, with an expectation of having a total of 15 -18 races before the completion of the season in December. It is currently expected that the opening races will be closed events,” the FIA said. “But it is hoped fans will be able to join events again when it is safe to do so.
Strict procedures at track
Strict procedures will be observed at the circuits with personnel to be tested for COVID-19 before traveling and regular testing will also take place during the race weekend. Interaction will be minimized and travel arrangements as well as other activities for each team and other groups involved will be ‘self-contained’.
Remembering the opening round that was to be held in Australia in March when one member of the McLaren team had a positive result for the coronavirus and eventually saw the event being cancelled, the organizers say that this should not happen again. Even if someone is tested positive and the team decides not to take part, the race will still go on.
New challenges for teams
Commenting on the resumption of races, Toto Wolff, Team Principal & CEO of the Mercedes-AMG Petronas F1 Team, said: “This new calendar and the coronavirus throws some new challenges at us. I think reliability is going to be a fundamental part of the opening races. The cars have come out of the container straight from Australia. There is not a lot of time for them on the dynos. We will be using every session to learn. The reduced race calendar is a challenge for everybody and again, I think that the team that has the quickest car and the most reliable package will win the Championship.”
Of the 22 races that were scheduled this year, four have been confirmed as cancelled – the Australian GP, Monaco GP, French GP and Netherlands GP. For now, 8 rounds in Europe are confirmed and listed which leaves 10, of which six had been postponed. There is hope that between the last European round in Italy in early September and the end of the year, the other venues can be slotted in.
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