Toyota Camry Hybrid Price remains unchangedAuto News
UMW Toyota Motor Sdn Bhd has announced that it will not be increasing the price of the Toyota Camry Hybrid as it continues to qualify for the Energy Efficient Vehicle (EEV) incentive provided under the National Automotive Policy (NAP).
The Camry Hybrid, which is Toyota’s first hybrid to be assembled in Malaysia, will continue to be sold at the same price of RM174,900 throughout this year.
“We are grateful to the Malaysian Government for giving this support to our Hybrid local assembly effort, which demonstrates its commitment in developing Malaysia as the EEV hub of ASEAN,” said Datuk Ismet Suki, President of UMW Toyota Motor.
He added that without the incentive to offset the cost, the model would cost much more higher, especially with the higher cost of its advanced Toyota Synergy Drive hybrid technology.
“At this point, however, we can only confirm the continuation of the same price for the whole of 2016. For the year to follow, we will need to have discussion with the relevant government ministries again,” he said.
Read our review of the Toyota Camry Hybrid here.
Find more Toyota Camry Hybrid on sale at Carlist.my.