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Yup corolla cross also in trouble xforce wheelbase is 2650 while corolla is 2640. So the interior xforce is slightly larger. With cheaper price and higher quality interior corolla cross and HRV in trouble liao. Don't talk about Bermaz don't even has a match against others.
Most of the US car reviewers don't like the 3rd generation CX5. Looks like it going to be a disaster for Bermaz. With no good and saleable new car, Bermaz will continue with poor sales and profits.
Extremely disappointed with Bermaz. Xpeng only 71 units sold in Feb. 4th quarter confirm very bad la. 3rd quarter give good resul, 4th quarter give you a bomb.
T2 has been launched at 157k. Seems like chinese manufacturers is really attacking the market share for heavy loaded SUV at price below 160k for c segment. Really interesting to see how 3rd generation cx5 priced. Toyota already feel the heat. Last year corolla cross hybrid consistently selling 1k unit per month but starting this year Jan and February only sold less than 400 per months
Just read the analysis from Maybank. Bermaz has sell back Kia inventory back to Kia Malaysia at RM60 million at a small losses. At least this exercise will free up some cash from the inventory but I think is not consider as income.
No wonder BYD said harsh conditions. MITI said only allow to sell 10k unit locally the rest need to export. If this is the case is a favorable conditions dor Bermaz since Xpeng, Deepal is just doing contract installation not building own factory. Some more if the can sell 5k unit per year is consider big achievement. Bermaz you better speed up