Piston.my

Latest News

Perodua is relieved that the Ministry of Finance (MoF) will allow car-buyers to remain entitled to the sales tax exemption even though the provision ends at the end of this month. A recent announcement by the MoF said that those who book their vehicle by June 30, 2022, will still pay the lower price even if their vehicles are not delivered yet.

However, manufacturers will have to deliver the new vehicles to them before March 31, 2023 as that is the latest date they must register their vehicles if they want to enjoy the sales tax exemption.

“We sincerely thank the government for this announcement as it gives the industry and the market breathing room to meet consumers demand while at the same time give the players time to overcome various issues that are affecting the industry,” said Perodua President & CEO, Dato’ Zainal Abidin Ahmad.

He said among the issues that are currently impacting the local automotive suppliers range from the lingering impact of COVID-19, the component shortages and manpower shortages. These have led to vehicle supply shortages as vehicles cannot be completed. As a result, customers have had to wait longer and have been concerned that they will miss out on their tax exemption benefit if they get their vehicles are June 30.

“The issues are currently being addressed as Perodua and our suppliers are finding solutions and this registration extension will give us much needed room to overcome the issues,” Dato’ Zainal said. He added that, for Perodua’s customers, this announcement gives them much needed reassurance that they would be able to enjoy the sales tax exemption incentive that has boosted the industry since the year 2020.

Myvi remains the bestselling model for the Malaysian brand.

“To date, we have significant outstanding orders which we are working to fulfil. We appreciate our customers’ patience in this regard,” Dato’ Zainal said. On deliveries so far, he said that Perodua has registered 106,179 vehicles between January and May this year, which is 10% more than 96,281 units registered in the same period last year.

In terms registration according to model, the Myvi remains the most popular with 31,689 units registered in the first 5 months of this year. Next has been the Axia with 24,024 units delivered, and the Bezza at 23,336 units.

To know more about Perodua products and services or to locate a showroom for a test-drive, visit www.perodua.com.my.

No further exemption of sales tax after June 30, but registration can be in 2023

Some people may regard vehicle recalls to fix manufacturing defects in a negative way, perceiving them as evidence that the brand’s products are unreliable or poorly made. However, in mass production where millions of parts and vehicles are made, there are likely to be some times when something is wrongly done or made. Nevertheless, over the years, manufacturers and their suppliers have cut down these defects to very tiny percentages.

When a manufacturer does detect a defect, it has the responsibility to its customers, especially if it concerns something that concerns safety. A responsible manufacturer will therefore conduct a recall of the affected vehicles, and provide the necessary replacements at no cost to the customer. So customers should be happy when their manufacturer does that – although frequent recalls would be another matter…

Honda Malaysia has done recalls from time to time, its most massive exercise being to replace the Takata airbag inflator module. That was a crucial recall as there was a very high risk of people being seriously injured or even dying if the module broke up.

Now comes another recall (two different ones actually) which the company says is proactive, meaning it is a precautionary safety measure as no incidents have been reported. In the first one, technicians will inspect the nut torque on the Alternating Current Generator (ACG) to determine if it is correctly tightened on the ACG terminal of the engine harness. If not, there may be poor contact and a battery malfunction which may lead to engine stoppage while driving or being unable to start the engine after the car stops. The models affected are 1,068 units of the City (2021) and City Hatchback (2022)

The second issue requires inspection of the bolt earth grounding tightness, also to check if the tightening of bolt earth grounding is correct otherwise the wire harness will be loose. This may cause poor contact terminal and may result in engine stoppage while driving or being unable to start the engine after the car stops. The models affected are 343 units of the HR-V (2020) and 116 units of the BR-V (2021). All the models affected were assembled at the Honda plant in Melaka.

Honda Malaysia apologises for the inconvenience caused to the affected customers and assures the public that all current production and selling models are not affected in this recall. The company believes this product recall is necessary as customer safety is Honda Malaysia’s top priority, and will continue to uphold transparency and stringent controls.

Owners of the affected vehicles will be informed via notification letters which will include details of the recall. Honda Malaysia urges those with affected vehicles to contact any authorised Honda dealer in Malaysia to make an appointment upon receipt of the notification. They can then bring their vehicles for inspection and necessary action (subject to parts availability). The inspection, repair and replacement of affected parts are free of charge and all costs related to this recall activity will be borne by Honda Malaysia.

In the event that you are not the original owner (whose records will be with Honda Malaysia) but want to check if your vehicle is affected and obtain the necessary support, call Honda Malaysia’s toll-free number at 1-800-88-2020.

77,708 Honda vehicles added to recall list for fuel pump replacement

The Hyundai Motor Group (HMG) aims to capture a 7% share of the electric vehicle (EV) market by 2030, by which time it expects to be selling 1.87 million vehicles annually. To achieve this goal, the Korean carmaker will invest around 19.4 trillion won (US$16.10 billion) in EV-related businesses.

Besides its own investments, it will also work with other parties in various fields of expertise and one of them is Michelin. A MoU (Memorandum of Understanding) was signed recently for collaboration on R&D for innovative tyre technologies over the next 3 years. These technologies will be used in the development of next-generation tyres optimized for premium EVs.

The MoU is the second one between the two companies, following the successful completion of their first partnership. This collaboration will lead to a new journey towards developing next-generation tyres to be equipped with the Group’s clean, smart and sustainable mobility solutions.

“This partnership with Michelin will result in real innovations in tire technology, solidifying Hyundai Motor Group’s position as a leader in the smart mobility industry,” said Bong-soo Kim, Vice-President and the Head of Chassis Development Centre at the Hyundai Motor Group. “By fully leveraging our mobility technology and Michelin’s tyre expertise, we are confident in our ability to achieve ground-breaking innovations in tire performance enhancement and create synergies in this organic collaboration.”

In the previous 5-year partnership that began in November 2017, the companies jointly developed an exclusive tyre for the IONIQ 5 EV. There were also joint experiments and analysis methods carried out  which were related to tyres as well as technology exchange.

Over the next 3 years, HMG and Michelin will jointly develop the following innovations: eco-friendly tyres with increased use of eco-friendly materials; tyres optimized for next-generation EVs; and a real-time tyre monitoring system which will help advance autonomous driving technology.

The tyres for the IONIQ 5 EV were jointly developed by Hyundai and  Michelin.

“The collaboration between Hyundai Motor Group and Michelin over the past 5 years contributed to the successful launch of the Hyundai IONIQ 5,” said Georges Levy, Executive Vice-President of Automotive Original Equipment at Michelin. “We are pleased to announce that the relationship has been extended for 3 more years to continue our work together on new technologies in favour of safer, cleaner mobility. The association between Hyundai Motor Group and Michelin is founded on the same vision and on a shared passion for excellence, performance and innovation that have become increasingly essential factors as we rise to the mobility-related challenges we all face today.”

The next-generation tyres will be installed on future premium EV models of HMG. The new tyre technology is critical to meet the durability requirements of tyres, as well as driving performance and electric efficiency under high load as the driving range of EVs continues to increase.

There will also be joint research to analyse tyre wear, tyre load and road friction beyond the current standards of tyre temperature and air pressure. The new tyres are also expected to significantly improve  ride comfort by reducing vibration and noise generated by EVs at high speeds.

Additionally, there will be research into ways to increase the use of eco-friendly materials in tyres to about 50% of the total tyre weight from 20% currently.

Hyundai Sime Darby Motors launches second EV – the Hyundai IONIQ 5, priced from RM199,888

New vehicle prices in Malaysia are high due to the high tax rates imposed and because taxes from vehicle sales contribute such a huge amount of revenue, the government has never been able to bring itself to lower tax rates. However, as part of the national recovery plan to boost the nation’s economy after the depression caused by the COVID-19 lockdowns, sales tax was exempted to lower purchase costs.

As always, being able to sell cars at lower prices helps, and the the exemption was initially given from mid-June 2020 to the end of that year. The lowered prices attracted many to buy new vehicles, in spite of uncertainties about the future due to the pandemic. The brisk sales certainly helped the car companies in their recovery and it was hoped that the exemption could be extended a bit longer.

The Finance Ministry agreed and gave another 6-month extension to the end of June, 2021. The exemption applied to vehicles assembled locally as well as those imported in CBU (Completed Built-Up) form. The former would get full exemption of sales tax which is 10%, while the CBU models would qualify for half the exemption, ie 5%. However, the exemption was not applicable to commercial vehicles and pick-ups.

Appeals by the Malaysian Automotive Association (MAA) for a further extension saw the Finance Ministry allowing another period of exemption till the end of 2021. While demand remained high, the industry was hit by the global microprocessor shortage which affected production of vehicles, and the industry asked for another extension as it was still recovering. The Finance Ministry was again agreeable, allowing the extension to the end of June 2022.

RM4.7 billion tax not collected
To date, a total of 868,422 units of vehicles have been sold (during the period of sales tax exemption) and the government has sacrificed RM4.7 billion of taxes, according to the Finance Ministry.

In the past month, the industry has been hopeful that the government will again extend the exemption till the end of 2022. But this time, it looks like the expiry date will not change. The government believes that with the opening of the economic sector, the automotive sector has returned to normal operations.

It does recognise that there are supply issues due to the microchip shortage that prevents vehicles from being completed, and therefore there is a backlog of orders to be met. Many who have made bookings months ago are concerned that they will not enjoy the lower prices with tax exempted if their vehicle is not delivered and registered by the last day of this month. The Finance Ministry is aware that at least 264,000 vehicles already ordered during the exemption period have not been delivered to buyers due to not being available.

The global shortage of microprocessors used in vehicle electronic systems has affected production and there is a shortage of vehicles for delivery.

Register vehicle by March 2023
As a compromise, while the government will not extend the exemption period, it will allow those who have booked new vehicles up till June 30, 2022 to have the exemption even if their vehicle is not delivered yet. They must however register the new vehicle with JPJ by March 31, 2023, which should be enough time for delivery.

“The extension of the vehicle registration period is a mid-point solution to balance the interests of consumers and national tax revenue that needs to be increased post-pandemic to ensure the welfare of the people and the country’s economic well-being continue to be preserved,” said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

So if you thought that because there’s a long backlog of orders for the vehicle you want to buy and there is no point booking now, if you do so before the end of the month, you will still enjoy the lower price with sales tax exemption.

The electrified version of BMW’s first SAV (Sport Activity Vehicle) – the X5 xDrive45e M Sport – has received new features for improved safety after being in the Malaysian market since mid-2020. The model is assembled locally at the BMW assembly facility in the Inokom plant in Kedah.

Retail pricing for the new X5 xDrive45e M Sport with BMW Service and Repair Inclusive is RM457,498.37 (without insurance). The price given does not include Sales and Service Tax but unless you make your purchase before the end of the month, you would have to pay the tax as the exemption ends on June 30, 2022. The indications are that there won’t be any extension, but it is believed that those who complete their transactions before the expiry date may have up till next year to register their vehicle and still enjoy the exemption. This is probably in recognition of the delays in supplies which have caused a backlog in deliveries.

2022 BMW X5 xDrive45e M Sport

2022 BMW X5 xDrive45e M Sport

The new X5 xDrive45e M Sport now has BMW Laserlight headlights which give better illumination with a wider spread. The Adaptive Headlights with BMW Selective Beam are equipped with laser high beam modules that have increased intensity compared to bi-LED lights.

Safety enhancements
Additional enhancements in safety include two more side airbags added to the second row of the vehicle. This brings the total number of airbags around the spacious cabin to eight. The Active Protection system also prepares passengers for a collision, should an accident be imminent. For example, if the windows and sunroof are open, they will automatically be shut to ensure the highest level of safety for all passengers.

2022 BMW X5 xDrive45e M Sport

Additionally, reversible seatbelt pre-tensioning is also implemented where upon seatbelt fastening, an electric motor will automatically tighten the seatbelt to the ideal tension based on the passenger’s body.

Also with the X5 xDrive45e M Sport, which BMW Malaysia refers to as ‘The Boss’, are new 21-inch 741M Alloy Wheels in Orbit Grey. Other standard equipment that is maintained is the Live Cockpit Professional, Driving Assistant, Parking Assistant Plus, Rear Seat Entertainment, as well as Vernasca genuine leather upholstery.

2022 BMW X5 xDrive45e M Sport

2022 BMW X5 xDrive45e M Sport

Like many car companies these days, financing packages are also available. BMW Group Financial Services Malaysia offers Easy Drive Financing Plan with plans for the X5 xDrive45e M Sport having monthly instalments starting from RM 4,882 (terms and conditions apply).

Premium Ownership experience
For those who become owners, BMW Group Malaysia promises a Premium Ownership experience. This includes a 5-year warranty (unlimited mileage), free scheduled service programme for the same period, BMW Roadside Assistance and Accident Hotline, BMW Group Loyalty+ Mobile App – BMW Privileges Card, and BMW Service Online.

2022 BMW X5 xDrive45e M Sport

5 new models introduced in Malaysia to celebrate BMW M’s 50th anniversary

 

Unlike the day before when there was a heavy downpour (and the pitlane was even flooded earlier in the week), race day greeted the drivers with sunshine and nice cool weather. The rain during qualifying resulted in a rather boxed-up grid with Red Bull Racing’s Max Verstappen and BWT Alpine’s Fernando Alonso on the first row, and it would be an interesting race as the faster drivers tried to move forward – especially Ferrari’s Charles Leclerc who was starting from the back due to a penalty.

All eyes were on Alonso as the race started but Verstappen started well and was ahead of Alonso into Turn 1. The Alpine driver had to instead deal with Ferrari’s Carlos Sainz, with Hamilton pushing forward alongside Haas F1’s Kevin Magnussen. At the back, Leclerc got down to work right away and moved up 4 places within the first 2 laps. But he was still 15 seconds behind the leaders.

On the third lap, after a close fight, Sainz moved into second position as he passed Alonso. Magnussen, who was trying to hold on to sixth, apparently sustained some damage to his wing and on lap 4, he was given a black and orange flag and came in on lap 8. Meanwhile, Scuderia Alphatauri’s Pierre Gasly and Aston Martin’s Sebastian Vettel were the first to come in to switch to hard tyres on lap 6.

14 minutes into the race (on lap 8). Red Bull Racing’s Sergio Perez reported power unit failure and he pulled over, fortunately at a safe spot. The yellow flags came out, as did the Virtual Safety Car (VSC). At that point, Verstappen had come into the pits and Sainz was in the lead with Alonso behind him. Most cars began coming in and changing to hard tyres as no rain was forecast. Fighting for fifth place were Mercedes-AMG’s Lewis Hamilton and Alpine’s Esteban Ocon.

With Perez out, Verstappen had a change of strategy as he went after the two Spaniards ahead. By lap 16, he had overtaken Alonso and was within 5 seconds of Sainz. He could bide his time as the Ferrari driver had not pitted yet and had to do so eventually. In fourth was Mercedes-AMG’s George Russell playing a steady game, as usual, while Hamilton was just 2 seconds behind.

Leclerc appeared at tenth place as lap 20 started, steadily moving up the field. For Haas F1′ Mick Schumacher, however, the race in Canada came to the end on that lap as he slowed the car and parked it to one side of the track. The VSC came out for a short while and Sainz gave up his lead to Verstappen. When Sainz rejoined, he was in third behind Alonso but very quickly got past the Alpine to grab second position.

On lap 29, Hamilton displaced Alonso for third, appearing higher than he has been for a long time. Russell has fallen back but would keep Alonso occupied while Hamilton went after the Dutchman.

China’s Zhou Guanyu was praying there would be no disappointment again like the last race as he moved into tenth place on lap 27. He was aiming for the Aston Martin of Lance Stroll but had to also watch out for Yuki Tsunoda and his Alphatauri. Alonso came in on lap 29 for new tyres. rejoining in seventh place, just behind Leclerc who was beginning to struggle with his tyres.

At the halfway point of the race, Verstappen was in the lead, 8 seconds ahead of Sainz and 16 seconds ahead of Hamilton, with Russell in fourth place some distance back. Leclerc was up to sixth but still fighting with Ocon. The question was when the Ferrari driver would come in replace his tyres which had done 35 laps already. Besides Leclerc, Alfa Romeo’s Valtteri Bottas and Aston Martin’s Lance Stroll were also on rubber that was over 35 laps old.

Leclerc finally came in on lap 42 and was frustrated by a somewhat slow stop (for the Ferrari team). When he rejoined, he was down to twelfth place, behind McLaren’s Daniel Ricciardo. Two laps later, Sainz was in the lead as  Verstappen came in to get new hard tyres. As he rejoined, he was alongside Hamilton, giving the spectators an exciting moment of the two drivers racing each other. But Hamilton would come in on the next lap, and Verstappen zoomed to second, 9 seconds behind Sainz.

Russell’s tyres were replaced on lap 45 and his departure from the race gave Hamilton a chance to slot into third place easily. But by then, Verstappen had gone way ahead in his pursuit of the Ferrari.

Just before the 50th lap, the yellow flags came out as Tsunoda crashed after Turn 1. The Safety Car was deployed and Sainz took the chance to pit. This gave Verstappen the lead but it might become difficult for the Dutchman as the Ferrari now had fresh tyres. Other drivers also rushed into the pits while the Safety Car was out. When its duty ended, there were 16 laps remaining.

As the pack resumed racing, the top five frontrunners jostled for position. Sainz did his best to keep close to Verstappen while Hamilton came up behind, just slightly ahead of Russell. Alonso was also eager to try for a podium position but had to contend with his own team mate first.

With 10 laps remaining, the top four cars were about one or two seconds apart, with Leclerc having made it to fifth but still hacing a gap of about 10 seconds to close with Russell. Verstappen was working very hard to keep his lead as Sainz kept looking for a way to displace him. The two Alfa Romeo drivers, just behind Alonso, were waitinf for him to make a mistake and take his seventh place.

As two laps remained, the order still had not changed and Sainz had already pushed hard enough to claim the fastest lap of the day. Less than a second and he just could not beat Verstappen and then the chequered flag came out and it was the Red Bull racing car that crossed under it first.

 

Archive

Follow us on Facebook

Follow us on YouTube