Renault Cars Malaysia to Maintain its Prices In 2016

Kuala Lumpur: Good News for the Renault fans in Malaysia, TC Euro Cars, a wholly-owned subsidiary of Tan Chong Motor Holdings Bhd has announced that they will be maintaining the Renault cars prices in Malaysia in 2016 despite the weakening ringgit.

The CEO of TC Euro Cars Kuan Kim Luen, the sole franchise holder for Renault cars in Malaysia announced through a press release earlier this weekend that the company will maintain its current prices across the complete board, despite the unfavourable cost environment which has badly affected the price of imported vehicles and components ultimately leading to higher production cost.

Kuan Kim Luen said, “While we are not immune to the challenges facing the automotive industry, we are happy to announce that there will be no price increase, despite the current economic environment. With forward planning, optimising operational efficiencies and cost management exercises conducted internally, we are able to manage the cost to consumers at this point.”

Renault Cars are already being sold on the pricier side in Malaysia, the major reason being the import of CBU units from other countries due to lack of production facilities in the country. Renault market share in Malaysia is currently less than 1 %, therefore fearing the loss of its customers by increasing the prices of its already highly priced cars, TC Euro cars decided to maintain the price despite losses in 2015. The revised prices includes the full lineup of Renault vehicles in Malaysia.

Renault Fluence Expression and Dynamique 2-liter four-door sedan that are currently being assembled locally will be maintaining the retail price of RM108,888 and RM119,888 respectively. The fluence is widely appreciated sedan in the country and being the only CKD model, it is the most economic vehicle delivered by the company.

Comes next is the turbo-charged hot hatchback, the Renault Clio GT Line. The recently launched five-door hatch is a CBU from Turkey, and will remain its retail price of RM118,000. The Clio GT Line is a widely celebrated model across the globe for its impeccable handling and exceptional fuel efficiency.

Renault also launched its first urban crossover and Europe’s best-selling compact SUV model, the Renault Captur past year in Malaysia. The all new Captur is a versatile crossover that will straightly go against the likes of Honda HR-V and Mazda CX-3 in the country. Renault Captur is a CBU from Spain and will be maintained at a retail price of RM123,000 in the country.

Coming next is the most rugged vehicle delivered by the company which is known for its performance and elegance loaded with very clever technologies and luxury, the Renault Koleos SUV. The CBU from Korea will continue to sell in the market at it's earlier retail price of RM178,888.

The most expensive pair of wheels in the lineup of Renault is its well-recognised Megane R.S. 265 models. Coming from the sport’s engineering expertise of Renault, these vehicles proffers a sense of motorsport racing. The Sportz variant of the R.S 265 will be made available at the price of RM197,888, whereas the Cup will be maintained at its earlier price of RM234,888.

Also Read: 2016 Formula One: Renault Returns As Constructor After Taking Over Lotus F1 Team

The complete list of Renault cars OTR prices including GST without insurance are as followed: