In relation to this I have some questions, in which I hope PEDA would be able to help me with.
Before the high inflation earlier this year, PEDA and Proton Edar had both worked well in capturing the market shares from Perodua. Amongt the measures taken are the sign of confidence in proton cars through the 5 years total warranty in proton cars, as well as the proton i-care program. The launching of the saga had also boost public confident in proton’s quality and products. We have only felt the inflationary effect recently with the increase in our customers hire purchase rejection rate and the slow down in new bookings. Until recently, our monthly deliveries were not drastically affected as we are still fulfilling the back orders.
Inflation do have an immediate negative impact on both inquiries of Proton cars as well as our cost of operation.
1) Inquiries for Proton cars had dropped when customers are more concerned with meeting ends. Notably, the 3rd quarter and last quarter of this year saw dealers fulfilling and delivering back orders more than new bookings. The inflation was felt more now when many of the bookings were either cancelled or refunded when customers’ loan were NOT approved.
Q: What was the price for Proton Saga in 1994 and 2007?
Proton saga was first launched in 1987 for the price from RM17,300
In 1994, the Saga was priced from RM30,900
Now, saga cost from RM31,500