Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Yes, Choong, Harith. Have to monitor for at least another 2 two qtrs. 6 months should be enough to convert the assembly lines to other models including all other instrumentations/tooling or jigs and fixtures. The biggest challenge is to identify which model for CKD and the specs perhaps. If there is no announcement on which model for CKD, market will price in the possibility of unfavorable results from associates.
2nd quarter revenue will definitely higher than this 1st quarter because of improved sales and contribution from cx60 but profit maybe remain the same because cx60 is CBU and doesn't help to absorb the fixed cost from assembly line. And pls do something on the Kia Sportage doesnt make sense CKD only sell 18 units per month
All automobile industry is suffering due to economy downturn. time will prove everything. got money just buy at lowest price. SIME also affected. it is in transitioning of reset the market. see who are lucky buy from the bottom and sell during bull market. good luck.
You are right bro but at current market competition and with Kia brand reputation is quite difficult to justify Kia sportage 1.6AWD same price as the Honda CRV Hybrid. Nobody will buy kia when you can have full specs crv for the same price
Hope i can be optimistic but for the pass one year I just din see the Bermaz bosses has been very proactive in coming out with any contingency plan to mitigate the lost of sales. Only see come out with press statement blame everything on chinese cars. If this is 100 percent caused by China then Toyota and Honda has been manage the competition very well even Mitsubishi is doing quite well.
Just saw the all new Deepal s07 in yellow color in China really looks awesome and futuristic. Again seeing all these and look at Bermaz speechless.... haizzz
bauto best bet is with xpeng in EV market segment, Mazda new model retail price is not going to make huge attraction to consumers when EV is making so lucrative offers
Finally Bermaz did something right. Cx5 price reduction 10k and cx8 20k across all variant. Although It may hurt the margin but still better than losing money. Believe with some marketing and now the price reduction sure there will buyer be given the cx5 is still an attractive and good car
With the 20k price reduction for cx8 is suddenly become very attractive before is 187k now only 167k. With this price previously is cx5 now become cx8. Just saw the booking for mazda 3 1.5 is 1700units. Cx60 is 500 units. Assuming this two new model contribute about 450 to 500 units per month plus 500 units per month then mazda sales will recover to around 1000 units per month which is about 70 percent from their peak which consider very good.
Boss finally wake up. No longer said preserving 2nd value. Nowadays where got car manufacturers want to preserve 2nd hand value. Look at toyota and Honda already cut 10k to 15k since end of last year
So far j7 and haval h6 has been showing increase in volume every month. While omoda c9 has been showing down trend from 600 units plus in Feb to 381 units in August. .
Just saw the latest kia sportage with shortest wheelbase. Really looks nice. If Bermaz can bring in this top specs shorter wheelbase kia shortage and price against honda hrv ehev definitely will sell better than current overpriced long wheelbase. Metallic blue color looks good
Not much impact on Bermaz as the sales of XPeng is only less than 100 units per month. With the EVs price rise between 30 to 100 percent then the sales for ICE vehicles will pick up. Hopefully with Bermaz price reduction on cx30, cx5, cx8 and mazda 3 can attract more buyers.