Bermaz bags Xpeng distributorship in Malaysia - premium EV brand likely to kick off local range with G6
Utama Berita Berita Kereta Bermaz Is Cutting Dealer Incentives So Buyers Don’t Pay For SST Bermaz Is Cutting Dealer Incentives So Buyers Don’t Pay For SST Berita Kereta Hans | August 13, 2018 06:06 PM Bermaz Motor, the distributor of Mazda vehicles in Malaysia, has earlier confirmed that it is absorbing the 10 percent Sales and Services Tax (SST) that is coming into force this 1-September. The company has since sold out all its stocks during this interim tax-holiday period.While the Malaysian government has yet to confirm the specifics regarding the implementation of the 10 percent SST for new cars; i.e. whether the tax will be imposed at point of vehicle delivery to customer or at point of transferring the vehicle from the distributor to the dealer; Bermaz has confirmed that it will absorb the SST for all bookings made before 1-September.In a monthly investors’ report, analysts at RHB Research Institute estimate that the move to absorb SST will cost Bermaz some RM23 million. That’s a big sum and being a public listed company (BAUTO MK), shareholders will understandably have some concerns.However in its latest report, RHB has reiterated its Buy call for the stock, on grounds that the added cost will be mitigated by a reduction in dealer incentives, as well as marketing and advertising expenses. The research house also expects less volatility in sales of Mazda vehicles after September compared to other brands.RHB expects Bermaz to have a backlog of about 5,000 cars by 31-August, and bottlenecks at its production plant in Kulim (CX-5 and Mazda 3) also means that it could only deliver between 1,000 – 1,100 cars per month.The report also added that the increase in the number of Mazda vehicles on the road will add to better revenue contribution by its after-sales operations. Earlier last week, Bermaz launched the facelifted Mazda CX-3. Imported from Japan, the new crossover now sells for RM123,788, which is about RM3,000 less than before despite gaining more features and better refinement. A new Mazda 6 will also follow later this year. ✕ Mari berhubung dengan Whatsapp Kami mematuhi Akta Pelindungan Data Peribadi untuk melindungi anda Saya bersetuju dengan Terma Penggunaan dan Polisi Privasi Carlist.my Saya bersetuju untuk menerima komunikasi yang diperibadikan daripada Carlist.my dan penjual kereta, ahli gabungan dan rakan kongsi perniagaannya. Lihat tawaran kereta terbaik! Prev Next Tawaran istimewa - hubungi sekarang! Hari Jam Hrg. Psrn. Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik. I Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik. Tag Berkaitan Mazda SST Cetak Berita Berkaitan Bermaz Motor Announces Updated Mazda CX-5 And CX-9 Berita Kereta Eric | October 10, 2018 Bermaz Motor, the official importer and distributor of Mazda vehicles in Malaysia has announced that the CX-5 and CX-9 will be receiving updated ... MoF: SST To Be Re-Introduced In Malaysia Berita Kereta Hans | May 18, 2018 Now that Goods and Services Tax (GST) has been made zero-rated, the Ministry of Finance announced yesterday that the Sales and Services Tax (SST) is ... SST To Be Implemented In September 2018 Berita Kereta Hans | May 30, 2018 The government of Malaysia has confirmed that Sales and Services Tax (SST) will be reintroduced in September this year.Speaking at a press conference ... Post-GST: Sales Tax Confirmed At 10 Percent, Service Tax At 6 Percent Berita Kereta Hans | July 17, 2018 The Ministry of Finance has confirmed that Sales and Services Tax (SST) will return in September and that the rate will be set at 10 percent for ... Komen
Bermaz Is Cutting Dealer Incentives So Buyers Don’t Pay For SST Berita Kereta Hans | August 13, 2018 06:06 PM Bermaz Motor, the distributor of Mazda vehicles in Malaysia, has earlier confirmed that it is absorbing the 10 percent Sales and Services Tax (SST) that is coming into force this 1-September. The company has since sold out all its stocks during this interim tax-holiday period.While the Malaysian government has yet to confirm the specifics regarding the implementation of the 10 percent SST for new cars; i.e. whether the tax will be imposed at point of vehicle delivery to customer or at point of transferring the vehicle from the distributor to the dealer; Bermaz has confirmed that it will absorb the SST for all bookings made before 1-September.In a monthly investors’ report, analysts at RHB Research Institute estimate that the move to absorb SST will cost Bermaz some RM23 million. That’s a big sum and being a public listed company (BAUTO MK), shareholders will understandably have some concerns.However in its latest report, RHB has reiterated its Buy call for the stock, on grounds that the added cost will be mitigated by a reduction in dealer incentives, as well as marketing and advertising expenses. The research house also expects less volatility in sales of Mazda vehicles after September compared to other brands.RHB expects Bermaz to have a backlog of about 5,000 cars by 31-August, and bottlenecks at its production plant in Kulim (CX-5 and Mazda 3) also means that it could only deliver between 1,000 – 1,100 cars per month.The report also added that the increase in the number of Mazda vehicles on the road will add to better revenue contribution by its after-sales operations. Earlier last week, Bermaz launched the facelifted Mazda CX-3. Imported from Japan, the new crossover now sells for RM123,788, which is about RM3,000 less than before despite gaining more features and better refinement. A new Mazda 6 will also follow later this year. ✕ Mari berhubung dengan Whatsapp Kami mematuhi Akta Pelindungan Data Peribadi untuk melindungi anda Saya bersetuju dengan Terma Penggunaan dan Polisi Privasi Carlist.my Saya bersetuju untuk menerima komunikasi yang diperibadikan daripada Carlist.my dan penjual kereta, ahli gabungan dan rakan kongsi perniagaannya. Lihat tawaran kereta terbaik! Prev Next Tawaran istimewa - hubungi sekarang! Hari Jam Hrg. Psrn. Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik. I Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik. Tag Berkaitan Mazda SST
Tawaran istimewa - hubungi sekarang! Hari Jam Hrg. Psrn. Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik. I Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik.
Bermaz Motor Announces Updated Mazda CX-5 And CX-9 Berita Kereta Eric | October 10, 2018 Bermaz Motor, the official importer and distributor of Mazda vehicles in Malaysia has announced that the CX-5 and CX-9 will be receiving updated ...
MoF: SST To Be Re-Introduced In Malaysia Berita Kereta Hans | May 18, 2018 Now that Goods and Services Tax (GST) has been made zero-rated, the Ministry of Finance announced yesterday that the Sales and Services Tax (SST) is ...
SST To Be Implemented In September 2018 Berita Kereta Hans | May 30, 2018 The government of Malaysia has confirmed that Sales and Services Tax (SST) will be reintroduced in September this year.Speaking at a press conference ...
Post-GST: Sales Tax Confirmed At 10 Percent, Service Tax At 6 Percent Berita Kereta Hans | July 17, 2018 The Ministry of Finance has confirmed that Sales and Services Tax (SST) will return in September and that the rate will be set at 10 percent for ...