Tag

singapore car prices

Singapore first in ASEAN to launch the all-new 2021 Honda Jazz

A couple of days ago, Kah Motor, the official distributor of Honda vehicles in Singapore, launched the all-new 2021 Honda Jazz, marking the first country in the ASEAN region to receive the new B-segment hatchback.As reported earlier, three variants are offered in Singapore, namely the Jazz 1.5 Base, Jazz 1.5 Home, and Jazz 1.5 Luxe e:HEV.Starting with the 1.5 Base and 1.5 Home variants, they are powered by a naturally-aspirated 1.5-litre petrol engine that delivers 121 PS and 145 Nm, paired to a

Eric

Eric

Feb 2, 2021

2021 Toyota Yaris Cross to make ASEAN debut in Singapore later this week

Just like the all-new Honda Jazz (which Malaysia is missing out), Singapore is set to be the first market in ASEAN to get the all-new 2021 Toyota Yaris Cross this week.Borneo Motors, the official distributor of Toyota vehicles on the island, has set up an inquiry page on its website. The Yaris Cross will be unveiled virtually via Facebook on Thursday, 14-January 2021 at 8.30 pm.It is still unclear what are the variants on offer for the Singaporean-spec Yaris Cross. In Japan, the Yaris Cross is o

CY Foong

CY Foong

Jan 11, 2021

All-new 2020 Honda City debuts in Singapore: New 1.5L DOHC engine, from SGD 93k

The official distributor of Honda vehicles in Singapore, Kah Motor, has just introduced the all-new 2020 Honda City. Prices start from SGD 92,999 for the 1.5 SV variant, while the 1.5 RS variant costs SGD 95,999.Codenamed GN2 (Thai-spec cars with the 1.0-litre turbo are GN1), the Singapore-spec Honda City is imported (CBU) from Thailand.Unlike its Thailand counterpart and its 1.0-litre turbocharged petrol engine, Singapore units are fitted with a new 1.5-litre naturally-aspirated DOHC petro

Eric

Eric

Aug 28, 2020

Hyundai to build Ioniq EV plant in Singapore

Following the launch of the EV-only Ioniq brand, we now have news on that Hyundai plans to build a plant dedicated to producing electric vehicles (EV) under the brand in Singapore. According to the Straits Times, Hyundai is expecting to start construction of the Ioniq plant in Singapore by October 2020.Plans for the plant were initially set for May of this year, but construction of the 301,389 square-feet plant was delayed until October due to the coronavirus outbreak.Hyundai targets to start pr

Jerrica

Jerrica

Aug 17, 2020

Singapore banks push for EVs, property developers to install EV charging points

Following Tesla’s return to Singapore, two banks have shown great initiative in the adoption of electric vehicles.The Business Times reports, that on Monday, OCBC had announced a strategic partnership with Charge+, a Singaporean EV solutions firm.Charge+ aims to install 10,000 EV charging points in Singapore by 2030, in line with the governments target of 60,000 EV charging points. CEO of Charge+, Goh Chee Kiong in an interviewThe partnership intends to encourage property developers (who a

Arif

Arif

Feb 16, 2021

Singapore to phase out combustion engines by 2040, starts building Hyundai EV plant

Hyundai Motor Co. has started construction on their new electric vehicle (EV) hub in Singapore on Tuesday 13 October 2020. The SGD 400 million (RM 1.2b) hub will span 44,000 metre square, including a research building that will take up 28,000 metre square. Construction is expected to be completed in 2022. Known as the Hyundai Motor Group Innovation Centre in Singapore (HMGICS), the centre is more than just a high-tech plant that rolls out EVs under the Ioniq brand.It will also function mainly as

Jerrica

Jerrica

Oct 14, 2020

2021 Toyota Harrier to launch in Singapore soon – What delay?

The all-new 2021 Toyota Harrier is one of the most hotly-anticipated cars to be launched in Malaysia this year. However, due to the premium SUV’s overwhelming success in Japan, there could be some delay in its arrival here.Meanwhile, the Harrier is also expected to be launch in Singapore in 2021 but its debut there might be unaffected by the delay.According to CarBuyer Singapore, Toyota is expected to launch the Yaris Cross and the Harrier in Singapore in the first half of 2021. We’v

CY Foong

CY Foong

Jan 12, 2021

The Malaysian link behind Hyundai’s decision to build this sexy EV in Singapore

Earlier this month, Hyundai started construction of a RM 1.22 billion, 30,000 electric vehicles a year plant in Jurong, Singapore. When completed in 2022, the Hyundai Mobility Global Innovation Center (HMGICs) will be the Hyundai Motor Group’s (which also include Kia) regional hub for electric vehicle (EVs) production and development.Out of the 30,000 EVs to be build there, about 5,000 to 6,000 units will be sold in Singapore, while the rest will be exported.Centre two: Lee Hsien Loong, PM

Hans

Hans

Oct 18, 2020

MAA: Car prices confirmed to increase after December 31, 2020

The Malaysian Automotive Association (MAA) has confirmed that new car prices are set to increase after December 31, 2020.Its president, Datuk Aishah Ahmad has confirmed that the updated Open Market Value (OMV) calculations will bump car prices up, between 0-20%, depending on model.She told reporters, “Any increase in OTR prices would be fully absorbed or exempted by the MoF for this year and the difference in duties for past years will also be exempted.”She also said that the increas

Eric

Eric

Jan 22, 2020

Singapore to invest SGD 30 mil for EVs, road tax structure to be revised

In Singapore’s Budget 2021 today, Singapore Finance Minister and Deputy Prime Minister, Heng Swee Keat announced that Singapore will introduce more incentives to encourage the adoption of electric vehicles.Channel News Asia reports that Singapore will set aside 30 million SGD over the next five years for electric vehicle related initiatives.Some of the initiatives include lowering the Additional Registration Fee (ARF) tax to zero for electric cars from January 2022 to December 2023.The mov

Arif

Arif

Feb 16, 2021

Singapore set to debut all-new 2021 Honda Jazz – 1.5L DOHC, 1.5L e:HEV, 3 variants

Singapore is set to be the first market in the ASEAN region to launch the all-new, fourth-generation Honda Jazz.When it is launched in Singapore later this month, three variants will be offered, namely the Jazz 1.5 Base, Jazz 1.5 Home, and Jazz 1.5 Luxe e:HEV.The 1.5 Base and 1.5 Home variants are powered by a naturally-aspirated 1.5-litre petrol engine that does 121 PS and 145 Nm, mated to a CVT-type automatic transmission – similar to the Malaysian-spec Honda City.As for the Jazz 1.5 Lux

Eric

Eric

Jan 11, 2021

Priced from RM 286k, Perodua Aruz launched in Singapore

The Perodua Aruz has just been launched in Singapore, the first overseas market to receive the 7-seater SUV. The sole variant offered there is the entry-level 1.5 X; the 1.5 AV is not sold in Singapore. The Perodua Aruz is priced at SGD 92,999.Perodua President and Chief Executive Officer Dato’ Zainal Abidin Ahmad said, “The Aruz’s arrival in Singapore marks the first seven-seater offered by Perodua in the island nation.”“With nearly 58,000 units sold in Malaysia si

Eric

Eric

Apr 13, 2021

All-new 2020 Honda City: Singapore debut soon, 2 variants, 1.5L DOHC

Kah Motor, the official distributor of Honda vehicles in Singapore will be introducing the all-new 2020 Honda City soon. Two variants will be offered: 1.5 SV and 1.5 RS.Visually, both variants mirror their Thai counterpart, including the red-hot City RS. Like the Thai-market City RS, the Singapore model also gets the gloss black front grille and sporty-looking 16-inch alloy wheels.While the exterior design mirrors the Thai-spec car, the same cannot be said for its powertrain, as the Singaporean

Eric

Eric

Jul 16, 2020

Singapore is first in ASEAN to launch 2021 Toyota Yaris Cross - hybrid only, TSS, from SGD 102k

The 2021 Toyota Yaris Cross has just been launched in Singapore, making the island the first ASEAN country to get the all-new crossover. Two variants are offered, and prices range from SGD 102k (~MYR 311k) to SGD 107k (~RM 326k).Toyota Yaris Cross Variants and SpecsAs mentioned, the Yaris Cross comes in two variants there: the Active, and the pricier Excite. Active Variant pictured.Whats similar between them is the Toyota Corolla Cross/RAV-4-inspired look, especially with the gaping (albeit rela

Sanjay

Sanjay

Jan 14, 2021

Why did Malaysia get the Suzuki Swift Sport ahead of Thailand, Indonesia, and Singapore?

While everyone is focused on the lack of a six-speed manual on the recently-introduced 2021 Suzuki Swift Sport, not many actually realized that Malaysia has launched the Swift Sport ahead of bigger / more influential (for Suzuki) neighbours.Indeed, Malaysia got the Swift Sport ahead of markets where Suzuki has a larger presence, like Indonesia, Singapore, and Thailand. At the moment, the only other market to offer the Swift Sport officially in this region is Brunei, but their market is too small

Eric

Eric

Apr 12, 2021

All-new 2021 Toyota Harrier launched in Singapore - from SGD 161k, TSS, 2 variants

The all-new 2021 Toyota Harrier has just been launched in Singapore. Two variants are offered, and prices range from SGD 161k (~RM 488k) to SGD 174k (~RM 528k).Toyota Harrier VariantsAs mentioned - two variants of the premium SUV are offered there, the Elegance and the Hybrid Luxury. The latest Harrier cuts a beautiful figure, starting from the front fascia with its slim LED headlights flanking its aggressive grille.The aesthetic appeal continues on the side with a gently-tapering roofline and a

Sanjay

Sanjay

Jan 28, 2021

To be assembled in Singapore, RWD Hyundai Ioniq 5 makes world debut with solar roof

The Ioniq 5 has finally made its world debut! This is the first model under Hyundai’s newly formed dedicated electric vehicle (EV) brand, Ioniq, and is the first production model to be built on Hyundai’s new E-GMP architecture dedicated to underpin all Hyundai Motor Group’s (including Kia) future battery EV (BEV) models.Also read: The Singapore-assembled Hyundai Ioniq 5 will be rear-wheel driveDesigners drew inspiration from the Hyundai Pony, the company’s first productio

Jerrica

Jerrica

Feb 25, 2021

No further increase in 2021 car prices, government cancels plan to revise OMV

Malaysia Automotive Association (MAA) has confirmed that the earlier announced plan by the (previous) government to revise existing Open Market Value (OMV) calculations for new cars, which could raise new car prices by up to 20 percent, has been shelved for good.Car buyers, dealers and manufacturers can now take a breather, as there won’t be any increase in new car prices for 2021, apart from re-instatement of 10 percent Sales tax starting 1-Jan 2021, which has always been the plan anyway

Hans

Hans

Dec 28, 2020

Audi Singapore shows EV charging solution for condominiums, 18-month free charging

Following Teslas hint on its supercharger location in Singapore and Hyundais plans for a manufacturing plant for electric cars, Singapore is gearing up for further electrification.One of the biggest challenges for electric cars in Singapore is the dominance of high-rise residence that makes charging at home difficult. However, Audi Singapore has a solution for that. A partnership with SP Group provides Audi e-tron owners with a seamless charging experience. SP Group is a government-owned electri

Arif

Arif

Jan 14, 2021

SEA countries dropping Honda Jazz for City Hatchback, except Singapore, why?

To date, Singapore remains the only country in the region to launch the all-new fourth generation (chassis code GR) Honda Jazz. All other countries in the South East Asia (SEA) region will be dropping the Jazz nameplate once the current GK5 generation Jazz is discontinued, to be replaced by the Honda City Hatchback.Thailand and Indonesia have already launched the City Hatchback. The Thailand market City Hatchback is powered by a low emission 1.0-litre 3-cylinder turbocharged 122 PS / 173 Nm engi

Hans

Hans

Mar 12, 2021

Ringgit forecasted to weaken further in 2020, higher car prices ahead?

2019 hasn’t been a good year for the Malaysian Ringgit as it is now among the poorest performing currencies in the Asian region. The Ringgit is currently trading at around RM4.15 to 1 US Dollar. Five years ago, it was trading around RM 3.20 for most of 2014, before depreciating rapidly towards the end of 2015, and it has never recovered since.Forecasts by Fitch Solutions Macro Research group say that the Ringgit is expected to weaken further to RM4.25 to 1 US Dollar in 2020, before rebound

Hans

Hans

Dec 20, 2019

No 10% drop in car prices despite 10% Sales Tax exemption, here’s why

As you already know, the government has announced that all new locally-assembled (CKD) passenger cars will be exempted from paying the 10 percent sales tax starting 15-June until 31-December. Imported new cars will be given a 50 percent discount on sales tax, meaning that sales tax is still applicable, but at a lower 5 percent rate.However, this doesn’t mean that the prices of new CKD cars will drop by 10 percent.Most cars only saw a reduction of between 3 to 6 percent. Why is that so?The

Hans

Hans

Jun 17, 2020

Car prices to go up by 15 to 25 percent after Chinese New Year.

Earlier this week, The Star published an article “Locally assembled cars may cost more.” The article claims that prices of locally-assembled (CKD) cars will cost more due to potential restructuring in tax structures.Yes, the claim mentioned by the English daily is true. WapCar’s own sources within the automotive industry have also confirmed the claim.The reason behind the increase in prices is due to two factors: Withdrawal of EEV incentives and changes in Open Market

Hans

Hans

Jan 15, 2020

With Shell's DC fast chargers, you can drive a Porsche Taycan from Penang to Singapore

Porsche Asia Pacific and Shell have struck up a new partnership to implement the first cross-border high-performance charging (HPC) network between Malaysia and Singapore. The network will help eliminate range anxiety for electric vehicle (EV) owners who wish to travel between Singapore, Kuala Lumpur, and Penang.The partnership demonstrates the commitment between Porsche and Shell to drive the future of electric mobility in Southeast Asia by spearheading connectivity between the two countries.In

Jerrica

Jerrica

Mar 31, 2021

LGE denies car prices going up, but also said changes (if any) will be gradual – wait…what?

More than a week after The Star reported that prices of locally-assembled cars will be going up, Minister of Finance Lim Guan Eng have finally gave a reply on the matter, but unfortunately it only served to confuse more than inform.Speaking at yesterday's press conference of the Budget 2020: Government Guarantee Schemes for SMEs, Lim was asked by reporters from the mainstream media (no automotive media were present, as it was a non-automotive related event) to comment on the matter, Lim aske

Hans

Hans

Jan 22, 2020

Perodua Aruz to be launched in Singapore soon, first export market

The Perodua Aruz is a Malaysian favourite but later this year, the 7-seater SUV will be arriving in Singapore. Our southern neighbours will be the first market where the Aruz is exported but which variant could be offered will only be unveiled as the launch becomes official.In Malaysia, there are two variants of the Aruz with the AV variant bringing absolute bang for your buck with features like A.S.A 2.0 AEB suite and auto LED headlights.Also read: Pros & Cons: Perodua Aruz – The valu

CY Foong

CY Foong

Mar 12, 2021

2021 Nissan Note e-Power to launch in Singapore this year, first ASEAN debut

In a "Nissan Futures" webinar session, Nissan ASEAN Vice President, Mr. Isao Sekiguchi has announced that the all-new Nissan Note e-Power will debut in Singapore and Hong King in the following months.The launch of the all-new Nissan Note in JapanThe all-new Nissan Note -Power made its world debut in Japan in November 2020, and became Nissan’s best-selling model in Japan in January 2021. Its launch in Singapore will be its first debut in the ASEAN region.The Nissan Note is a hybri

Arif

Arif

Feb 5, 2021

Perodua: We were not consulted on excise duty change, still studying impact of increase in car prices

Perodua has confirmed that the Malaysian government has revised the excise duty structure for cars in Malaysia, but added that the impact for Perodua will likely be minimal and the company will try its best to not pass any additional cost to buyers.Speaking at a press conference earlier today, President and CEO Datuk Zainal Abidin Ahmad said, “For Perodua, we have been following all the requirements given by the government, as far as declaration is concerned. At the moment, we are still ev

Hans

Hans

Jan 21, 2020

How much will car prices go up after 31-Dec 2020 – SST returns, don’t forget new OMV

Despite Covid-19, the Malaysian car industry is expected to end 2020 on a reasonably OK note thanks to the temporary suspension/discount on sales tax. After 31-December 2020 however, the 10 percent sales tax will return and this time, it will return with a new Open Market Value (OMV) calculation, which could see car prices increasing by up to 20 percent, more on that later.Malaysia’s Total Industry Volume (TIV) – the industry’s lingo for new car sales – is projected to re

Hans

Hans

Dec 21, 2020

New car prices are going up not just in Malaysia, but also in the US, why so?

You are not the only one who think that cars are getting a little bit too expensive. Malaysians have long complained about high car prices due to our lopsided tax structure but actually, this is a question asked by consumers from all over the world.Data from USA’s Edmunds.com show that the average transaction price for a new car has gone up from USD 23,900 in year 2008 to almost USD 39,000 in 2019, the last available pre-pandemic level data.This flies against conventional logic. You would

Hans

Hans

Jan 20, 2021