Honda Malaysia today confirms that the prices of selected Honda cars sold in the country will increase by about 5% to 9%, depending on model and variant, effective 21st February 2020.
According to the company, the anticipated higher prices of selected Honda cars follows the review to the Completely Knock-Down (CKD) customised incentive, which is different from the earlier-announced excise valuation regulation which was expected to not affect vehicle prices.
The price adjustment will be synchronised across all 100 Honda dealers nationwide.