WTC Automotif and GAC Motor International have officially signed a Memorandum of Understanding (MOU) to initiate feasibility studies for two new completely knocked-down (CKD) vehicle assembly projects in Malaysia

Yesterday, while most Malaysian were doing their shopping for the upcoming Id celebrations, WTC Automotif (M) Sdn Bhd (WTCA), a subsidiary of Warisan TC Holdings Bhd, and GAC Motor International Co., Ltd. (GAC Motor International) entered into a Memorandum of Understanding (MOU) to initiate feasibility studies for two new completely knocked-down (CKD) vehicle assembly projects in Malaysia. The signing is a start for local assembly for GAC vehicles, namely the study into CKD production of the right-hand drive GAC EMKOO for the Malaysian market and the left-hand drive GAC GS3 EMZOOM, destined for export to Vietnam. The event was witnessed by the Malaysian Transport Minister, The Honourable Anthony Loke.

Mercedes-Benz Malaysia Latest Passenger Car Prices Effective June 2020 to 31 December 2020

Here is Mercedes-Benz Malaysia's update on passenger car prices following the announcement of the Malaysian government's new economic stimulus plan to stimulate the economy amidst the COVID-19 crisis. The initiative to assist the automotive industry includes 100% sales tax exemption for locally-assembled vehicles and a 50% reduction for fully-imported models from 15 th June 2020 until the end of the tax free incentive period. Since Mercedes-Benz Malaysia has a large local assembly catalouge as well as an equally large fully imported line-up here as well as loyal customers, many would like know how much would a new Mercedes-Benz cost.