Honda slashes price of Civic Hybrid

After Toyota Prius price was cut, now it was Honda Civic Hybrid. More to come.....

Honda Malaysia Sdn Bhd today announced that the Civic Hybrid would now cost RM 21,000 less than the current price.

The price revision is in line with the government’s decision to extend the tax incentives for hybrid vehicles until Dec 31, 2011.

With the revised pricing, customers can now purchase the Civic Hybrid at an on-the-road price of RM108,980 in Peninsular Malaysia and RM109,980 in East Malaysia, said Honda Malaysia President and Chief Operating Officer, Rohime Shafie.

"As the pioneer in introducing the hybrid technology to the Malaysian market, we are pleased with the government’s decision to allow full exemption of import duty and excise duty as announced in the recent Budget 2011," he said.

These exemptions are certainly timely, as Honda is looking into expanding its hybrid vehicle line-up in Malaysia, he added.

Honda Malaysia believes that the tax incentives offered by the government will encourage more Malaysians to opt for environmentally responsible technology that is also fuel-efficient