Will rising oil prices affect the purchase of new cars?

Govt said

"We are still giving subsidies, but with international crude oil prices rising exponentially, from US$39 per barrel to above US$100 per barrel, we need to adjust prices with the interest of the people in mind."

What do you think? Oil increase but people still looking for a new cars. What is that mean?

:-) ~~ The market is still good

 

 

PROTON Introduces A More Powerful SAGA FL 1.6-Litre And A Solid White PERSONA

26.05.2011

SUBANG JAYA, 25 May 2011 – National car manufacturer PROTON today introduced a new variant of the Saga FL, empowering its best-selling model with an even bigger heart in the form of a 1.6-litre engine.

“The 1600cc Saga should provide car buyers, especially those from the younger generation of purchasers and car owners with an even more attractive, affordable, cost-effective and powerful alternative,” said PROTON Holdings Berhad Group Managing Director Dato’ Sri Haji Syed Zainal Abidin Syed Mohamed Tahir.

Since its introduction in January 2008, the Saga has quickly evolved into becoming one of top selling models in Malaysia, winning multiple awards and being named by Frost & Sullivan as the Best Model of the Year in 2009 and Best Passenger Car of the Year in 2010. Up until April 2011, 237,829 units of the Saga are already on the road with PROTON receiving more than 285,499 bookings to date.

With the introduction of the Saga FL (face lifted variant) in December 2010, sales of the Saga had risen to an average of 6,700 units per month. PROTON expects sales of the new 1.6-litre variant to average 300 units per month, which would contribute towards the projected sale of 83,000 units of the Saga during its 2011/2012 financial year. The company also hopes to sell a total of 173,000 units of Proton cars during its current financial year, which accounts for being 7% higher than the 162,012 vehicles sold during the last financial year. This would move PROTON’s domestic market share up to 28%.

Meanwhile, PROTON also simultaneously introduced a new signature solid white colour for the Persona. The 1600cc solid white Persona is available in both automatic and manual and is priced at RM59,049 for the High Line (automatic), RM55,549 for the Medium Line (automatic), and RM52,549 for the Medium Line (manual).

Winner of the recent Frost & Sullivan award for Best Value for Money Car of Year 2011, the Persona averages the sale of 4,000 units per month with a total of 156,487 vehicles already on the road and more than 173,011 bookings to date. It is also one of the top selling cars in the domestic market.

“Competitiveness greatly depends on the flexibility of doing business, and in adapting quickly to take advantage of arising opportunities. The continual introduction of different variants complements the roll-out of new models and is in line with providing customers a greater variety of Proton cars to choose from,” said Dato’ Sri Haji Syed Zainal Abidin.

For further information about both models, visit your nearest PROTON showroom today. 






Proton Saga FL Executive 1.6L AT

Variant	Peninsular Malaysia	East Malaysia	Labuan	Langkawi
Saga FL Executive 1.6L AT	RM 46,549	RM 49,149	RM 44,549	RM 44,449

Proton Persona (solid white)

Model Variant	Peninsular Malaysia	East Malaysia	Labuan	Langkawi
High Line AT	RM 59,049	RM 61,549	RM 55,099	RM 55,449
Medium Line AT	RM 55,549	RM 58,049	RM 52,549	RM 52,349
Medium Line MT	RM 52,549	RM 55,049	RM 49,749	RM 49,549

source from Proton.com news