Bursa Community
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Bursa Community

Bursa Malaysia Stock Forum - Enriching You!


Mitsubishi Motors rolls out first local SUV

Bursa Community :: Community News

Go down

Mitsubishi Motors rolls out first local SUV Empty Mitsubishi Motors rolls out first local SUV

Post by Cals Tue 21 Jan 2014, 22:39

Mitsubishi Motors rolls out first local SUV
Business & Markets 2014
Written by Bernama   
Tuesday, 21 January 2014 18:16

KUALA LUMPUR (Jan 21): Mitsubishi Motors Malaysia, the official distributor of Mitsubishi vehicles in Malaysia, has officially rolled out the first locally-assembled Mitsubishi ASX today.

The company said the Mitsubishi ASX, a mid-sized sport utility vehicle (SUV), is contract-assembled at the Segambut plant of Tan Chong Motor Assemblies Sdn Bhd, with an initial production volume of 5,000 units annually.

In a statement today, Mitsubishi Motors Malaysia CEO Tetsuya Oda said all cars produced by the company worldwide were governed by the same high standards that ensure consistent quality.

"The model that is locally assembled here will have the same quality level as others that are made in Japan," he said.

The price starts from RM114,743.50 for the two-wheel drive variant while the four-wheel drive is priced at RM128,879.50, both for on-the-road (OTR) price without insurance.

The SUVs are available in  Black Mica, Titanium Grey, Cool Silver and Solid White.

A fully-imported two-wheel drive ASX from Japan is priced at RM139,981.50 OTR without insurance, and since its launch in November 2010, close to 3,000 units have been sold.

Oda said the company is targetting to sell 400 units per month, and aiming for a 20 per cent market share of the mid-sized SUV segment.
Cals
Cals
Administrator
Administrator

Posts : 25277 Credits : 57721 Reputation : 1766
Male Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it I’️d have been right perhaps as often as seven out of ten times.”
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis

Back to top Go down

Back to top

- Similar topics

Bursa Community :: Community News

 
Permissions in this forum:
You cannot reply to topics in this forum