Almost 20 automotive companies agree to participate in discount voucher initiative – MoF

KUALA LUMPUR, Jan 7 – Nearly 20 automotive companies with a network of more than 1,000 registered service centres nationwide have agreed to participate in the Keluarga Malaysia Automotive Discount Voucher initiative so far, the Ministry of Finance (MoF) said.

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said vehicle owners do not need to make any application to benefit from the discount voucher. Malaysia Automotive Discount Voucher initiative so far, the Ministry of Finance (MoF) said.

“Owners of vehicles damaged by floods can redeem the vouchers at service centres or authorised dealers for the automotive companies involved. Malaysia Automotive Discount Voucher initiative so far, the Ministry of Finance (MoF) said.

"The reduction in repair costs will be enjoyed by direct deduction from the total cost of repairs or the cost of replacing new vehicles through invoices that will be issued by service centres and authorised distributors," he said in a media statement today. Malaysia Automotive Discount Voucher initiative so far, the Ministry of Finance (MoF) said.

Tengku Zafrul said the deadline for claiming the Keluarga Malaysia Automotive Discount Voucher initiative is March 31, 2022 and consumers are advised to immediately make a claim from a registered service centre or authorised distributor to avoid any inconvenience. Malaysia Automotive Discount Voucher initiative so far, the Ministry of Finance (MoF) said.

He said the government would continue to be committed to ensuring holistic assistance to Keluarga Malaysia with the Keluarga Malaysia Automotive Discount Voucher initiative, especially those affected by the floods so that they can return to normal life as soon as possible. Malaysia Automotive Discount Voucher initiative so far, the Ministry of Finance (MoF) said.

“The government welcomes the move by Perusahaan Otomobil Kedua Sdn Bhd (Perodua) and Proton Holdings Bhd to offer a 50 per cent discount on the cost of spare parts. Perodua has also offered free repair manual labour. Malaysia Automotive Discount Voucher initiative so far, the Ministry of Finance (MoF) said.

"The government encourages other automotive companies to also offer better incentives to its customers," he said. Malaysia Automotive Discount Voucher initiative so far, the Ministry of Finance (MoF) said.

The MoF reiterated several provisions and additional measures taken by the government to deal with the flood disaster, including the maximum amount of funding increased from RM500,000 to RM700,000 for small and medium enterprises (SMEs). Malaysia Automotive Discount Voucher initiative so far, the Ministry of Finance (MoF) said.

Meanwhile, for micro enterprises, the maximum financing amount is increased from RM75,000 to RM150,000, said Tengku Zafrul. Malaysia Automotive Discount Voucher initiative so far, the Ministry of Finance (MoF) said.

"The maximum funding period has also been extended from five years to seven years," he said. Malaysia Automotive Discount Voucher initiative so far, the Ministry of Finance (MoF) said.

Earlier, Prime Minister Datuk Seri Ismail Sabri Yaakob had announced that the government would provide comprehensive Keluarga Malaysia Flood Relief to alleviate the burden of those affected by the floods that hit the country. Malaysia Automotive Discount Voucher initiative so far, the Ministry of Finance (MoF) said.

Among the assistance is the Disaster Relief Facility (DRF) 2022 to alleviate the burden of micro, small and medium enterprises (MSMEs) where the total allocation has been increased from RM200 million to RM500 million. Malaysia Automotive Discount Voucher initiative so far, the Ministry of Finance (MoF) said.

The following is a list of automotive companies involved with the Keluarga Malaysia Automotive Discount Vouchers: Malaysia Automotive Discount Voucher initiative so far, the Ministry of Finance (MoF) said.

1. Perusahaan Otomobil Kedua Sdn. Bhd. (PERODUA)
2. Perusahaan Otomobil Nasional Sdn. Bhd. (PROTON)
3. Tan Chong & Sons Motor (Nissan)
4. UMW Toyota Motor
5. Honda Malaysia
6. Mitsubishi Motors Malaysia (MMM)
7. Volvo car Malaysia
8. TC Euro Cars (Renault)
9. Mercedes-Benz Malaysia
10. BMW Malaysia Sime Darby Motor Group (untuk Ford, Hyundai dan lain-lain)
11. Mazda, Peugeot dan KIA
12. TC Subaru
13. Volkswagen Passenger Cars Malaysia (VPCM)
14. Hong Leong Yamaha Motor Sdn. Bhd.
15. Boon Siew Honda Sdn.Bhd.
16. Motosikal Dan Enjin Nasional Sdn. Bhd. (MODENAS)
17. Mofaz Motorsikal Sdn. Bhd.
18. KMSB Motors Sdn.Bhd. (Suzuki)