MT Auto News: Proton to increase prices from mid-February



Motor Trader Weekly Automotive News Round-Up

Proton prices to go up this month

With the weakened Malaysian ringgit, businesses in Malaysia have been experiencing rising costs of production and the national carmaker is not immune to this situation, even though its cars have a high local content. The prices of all models will be increased by between RM312 and RM2,021, depending on the model and variant.

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2016 Porsche 718 Boxster and Boxster S

The ‘718’ is a reference to the 4-cylinder Porsche 718 mid-engine sportscars that won numerous races back in the 1950s and 1960s, including the legendary Targa Florio and Le Mans. The highlight of the new model series, which will be available in Malaysia from the third quarter of 2016, is the newly-developed 4-cylinder flat engine with turbocharging which generates more power and yet consumes less fuel.

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Toyota’s sales target for 2016

With the economic situation uncertain and an industry forecast of a 2.5% drop in new vehicle sales, UMW Toyota Motor has set a lower target for 2016. The company aims to sell 87,000 vehicles, of which 85,000 units will be from the Toyota brand.

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All-new BMW 7-Series launched

The BMW 7-Series goes into a new generation (G12) for the sixth time in Malaysia since the first generation appeared in 1977. In conjunction with BMW’s 100th-year anniversary this year, the German carmaker’s flagship model is offered at a special price for the two variants which are the 740Li and 730Li.

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Jaguar XE arrives in Malaysia

Jaguar Land Rover Malaysia has introduced the all-new Jaguar XE sports sedan, completing the marque’s sedan car range which has so far consisted of the XF and XJ model lines. The XE, which marks the brand’s entry into a new segment, has an innovative structure with extensive use of aluminium to reduce weight. Prices start from RM340,000.

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Opel GT Concept

Although Opel cars are no longer sold in Malaysia, the brand is still active in Europe. It has a full range of models and also some sporty models. To show what its sportscar of the future could look like, the company will display the GT Concept at the Geneva Motorshow next month. It is proposed with a 1-litre turbocharged engine which can propel it to a claimed top speed of 215 km/h.

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