Latest news with #ZainalAbidinAhmad
The Star
7 days ago
- Automotive
- The Star
Perodua, Maybank Islamic unveil agility financing
Perodua president and chief executive officer Datuk Seri Zainal Abidin Ahmad. — Bernama KUALA LUMPUR: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) and Maybank Islamic Bhd have partnered to provide the country's first syariah-compliant agility financing plan, the Perodua flexiplan, powered by Maybank Islamic myimpact drive financing-i. The plan allows customers to enjoy a highly competitive murabahah vehicle term financing deal which leads to a more affordable monthly payment over an initial five-year term. 'Perodua will buy back the customer's vehicle at a competitive price compared with market value for the purchase of a new Perodua model, subject to terms and conditions,' it said in a joint statement yesterday. Additionally, there is flexibility in ownership where customers may trade-in freely for a new model or keep the current vehicle with a revised payment plan. Customers may choose between four models under the Perodua flexiplan, namely the Myvi, Axia (excluding Axia E), Ativa, and Aruz. 'In the fifth year of the plan, customers have the option to trade-in their current Perodua vehicle for a new one. The secured residual value can be used to offset the down payment, effectively renewing the five-year term,' it said. Alternatively, customers may choose to keep their current vehicle by settling the outstanding balance or extending the financing for up to four additional years under a revised payment plan. 'Perodua and Maybank Islamic are breaking new ground as we join forces to offer the best possible financing package – one that ensures a win for everyone,' said Perodua president and chief executive officer (CEO) Datuk Seri Zainal Abidin Ahmad. According to Maybank community and financial services group CEO Syed Ahmad Taufik Albar, the group is committed to empowering its customers with flexible, transparent, inclusive, and sustainable financial solutions, and the Maybank Islamic myimpact drive financing-i reflects its values-based approach to banking. —Bernama
New Straits Times
12-08-2025
- Automotive
- New Straits Times
Maybank Islamic, Perodua offer 'flexible' vehicle ownership plan for Malaysians
KUALA LUMPUR: Maybank Islamic Bhd and Perodua have jointly introduced Malaysia's first Shariah-compliant agility financing plan, offering customers greater flexibility and accessibility in vehicle ownership. The Perodua Flexiplan, powered by Maybank Islamic myimpact Drive Financing-i, is the first collaboration of its kind for both companies. It features a Murabahah vehicle term financing arrangement, resulting in lower monthly payments over an initial five-year term. Under the scheme, customers can choose to trade in their Perodua vehicle at year five for a new model. Perodua is offering a buy-back price competitive with market value or opt to keep their existing vehicle under a revised payment plan for up to four more years. Perodua president and chief executive officer Datuk Seri Zainal Abidin Ahmad said the plan is available for four models: Myvi, Axia (excluding the Axia E), Ativa and Aruz. The collaboration is aimed at delivering a win-win solution for all parties involved "Today, both Perodua and Maybank Islamic broke new ground as we join forces to offer the best possible financing package which ensures everybody wins; Perodua, Maybank Islamic and especially, our valued customers," he said. "We believe that with the backing of Malaysia's biggest bank combined with the trust that we have earned from Malaysians, the Perodua Flexiplan will be well accepted." Maybank group CEO of community and financial services Syed Ahmad Taufik Albar said the financing plan reflects the bank's values-based approach to customer service. "Across the Maybank Group, we have always been committed to empowering our customers with flexible, transparent, inclusive, and sustainable financial solutions, and Maybank Islamic myimpact Drive Financing-i is a reflection of that," he said. The innovative approach to all Malaysians alongside Perodua, addresses the preferences of modern car buyers and empowers them with flexible ownership choices, he added. The plan integrates other Shariah-compliant offerings such as Perodua Total Protect Plus comprehensive takaful underwritten by Etiqa, which includes RM5,000 special peril coverage, and Credit Reducing Term Takaful for added protection. Both companies said the initiative not only enhances car ownership accessibility but also creates a convenient structure for customers to adapt their vehicle choices to different life stages, setting a new benchmark in Malaysia's automotive financing landscape.
New Straits Times
13-05-2025
- Automotive
- New Straits Times
High-octane autoshow week
A week of high-octane launches, smart mobility showcases, family activities and special industry days kicked off on Thursday as the nation's premier motor show returns to MAEPS Serdang till May 15. Malaysia Autoshow 2025 (MAS 2025) is set to deliver the nation's most immersive automotive experience yet, featuring over 50 car and motorcycle brands and more than 50 new vehicle launches. From cutting-edge electric mobility to visionary concept designs, MAS 2025 promises something for every auto enthusiast and family. One of its standout attractions is the 5km test track, where visitors can experience over 50 vehicles first hand. Designed with simulated corners, gradients and ADAS sensor challenges, it offers a dynamic evaluation ground for modern automotive technology. Adding excitement are curated zones such as the car modified showcase and motorsport showcase, car and bike gatherings, and the unique AutoFashion show. Special programmes include a Women's Day for female motorists and an automotive education and career day to inspire the next generation of automotive professionals. National Showcases MAS 2025 serves as a national stage for Malaysia's homegrown carmakers to showcase their transition to electric mobility. During the press day on Thursday, Perodua - the country's largest car company by sales and market share - showed the 'almost' production-ready version of its first battery electric vehicle (BEV). Perodua teased the EV prototype in a half-cut form. The updated display is the final episode to the carmaker's EV journey, highlighting the interior as well as inner workings of the prototype. Visitors can have a brief experience of a simulated drive of this prototype at MAS 2025. "Our display highlights our Malaysia's capabilities in adopting assimilate EV technologies as our own," said Perodua president and chief executive officer Datuk Seri Zainal Abidin Ahmad. Perodua also showcased two other displays: the X06E and an initiative with Emerald Horizon. The X06E is a collaboration between Perodua and Politeknik Muadzam Shah to develop its own HEV/BEV working prototype. The parctnership with Emerald Horizon, an Austrian-based company, is to develop an alternative energy source with the use of thorium, which is a rare earth element. Proton previewed its second EV model, the It is a five-door hatchback based on Geely Geome Xingyuan platform, and is targetted for launch later this year. Proton's booth also features the brand's best-selling models, such as the popular X50, X70, X90 MHEV and the top-selling C-segment sedan, the S70. Strong Chinese Contingent Chery and its sub-brands such as Omoda and Jaecoo are taking up acres of space at MAEPS to display their current and new offerings. Chery pulled the wraps off its newest compact SUV, the Tiggo Cross. Earlier previewed as the Tiggo 4 in its home market, the SUV has been rebranded as Tiggo Cross for the Malaysian market. Bookings for the B-segment Tiggo Cross are now underway with guaranteed delivery by August for the first 500 customers. The Chery stand also saw the preview of Tiggo 7 CSH as part of the launch of the Chery Super Hybrid (CSH) brand. Tiggo 7 CSH brings the Super Hybrid System plug-in hybrid powertrain from the Jaecoo J7 PHEV to the mother brand's stable. Chery's sub-brand iCAUR, meanwhile, made its official Malaysian debut at MAS 2025 on Thursday. Malaysia becomes the first Asean market to introduce iCAUR, a brand borne from a strong collaboration between Chery and SmartMi Tech following its global launch at Auto Shanghai 2025 last month. Positioning itself as a dedicated off-road new energy vehicle brand, iCAUR previewed three fully electric SUVs - the 03, 03T and V23 - ahead of their official launches. The iCAUR 03 is leading the charge as the first model slated to go on sale in the third quarter of this year. Jaecoo marked its first anniversary in Malaysia at MAS 2025 with a refreshed brand image and is hereafter known as Omoda/Jaecoo. "Together with our sleek and high-performing vehicles, we are passionate about delivering a personalised lifestyle experience as Malaysia's challenger premium off-road SUV brand," said Omoda/Jaecoo vice president Emily Lek at the unveiling. Omoda/Jaecoo teased the market with a sneak peek of Omoda C7 Neo Crossover. The C7 is expected to shake up the C-segment crossover segment here. The brand's notable milestones include growing a respectable demand of over 12,000 registrations for its premium off-road internal combustion engine (ICE) and hybrid SUVs. It has also established a strategic network of 45 authorised dealerships nationwide to support its growing customer base. On the international stage, the Omoda/Jaecoo brand has built a presence in 42 countries and regions, established over 1,300 global showrooms and garnered a remarkable 500,000 global users. The autoshow also saw the local debut of Zeekr 7X, a premium D-segment SUV built on Geely's cutting-edge 800V SEA platform. Poised to challenge premium rivals like the Porsche Macan EV and BMW iX2, the Zeekr 7X combines performance, luxury and tech innovation. At Jetour booth, the company officially launched Jetour VT9, joining the growing list of three-row SUVs aimed at large families and urban adventurers. Positioned above the five-seater Jetour Dashing, the VT9 is a D-segment, seven-seater SUV that will take on established players like Proton X90 and Chery Tiggo 8 Pro. GWM Malaysia used MAS 2025 as the launchpad for GWM Tank 500. The company said Tank 500 HEV marks a bold step forward in redefining the premium off-road SUV segment in Malaysia, combining luxury, advanced hybrid technology and exceptional all-terrain capability. Also taking centre stage during the media day was the exclusive preview of the smart #5, alongside the official opening of bookings for the exclusive smart #1 Brabus limited edition. The smart #5 marks a significant milestone for the brand, entering the premium mid-size electric SUV segment.
The Star
12-05-2025
- Automotive
- The Star
Perodua gives assurance of high safety standards in development of first EV
SERDANG: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) has emphasised that high safety standards are the top priority in the development of its first electric vehicle (EV). Its president and chief executive officer Datuk Seri Zainal Abidin Ahmad (pic) said Perodua is committed to ensuring that the EV, which is expected to be introduced by the end of this year, complies with strict safety standards. He added that the "safety first" concept is being applied comprehensively at every level of product development, covering vehicle safety, factory operations and worker safety. ALSO READ: Perodua to produce EV by October "InsyaAllah, we hope our car that will be released later will meet certain safety standards that we have selected and defined,' he told reporters after attending the launch of the Voluntary Next Generation Vehicle (NxGV) Labelling Scheme here on Monday (May 12). He was commenting on a recent incident involving an international EV brand that reportedly came to a sudden stop on the highway. Previously, local media reported that a family experienced a frightening moment when the electric vehicle they were in suddenly braked while in the fast lane of the Cheras-Kajang Highway on May 1. On May 8, Zainal Abidin said Perodua aims to finalise production of its first EV by October, with plans to market it by the end of the year. He said in the initial phase, the vehicle will have over 30% local content and will be assembled at its new plant in Rawang, Selangor, with a price tag under RM80,000. – Bernama
Daily Express
12-05-2025
- Automotive
- Daily Express
Perodua assures high safety standards in development of first EV
Published on: Monday, May 12, 2025 Published on: Mon, May 12, 2025 By: Bernama Text Size: Perodua aims to finalise production of its first EV by October, with plans to market it by the end of the year. - Bernama pic SERDANG: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) has emphasised that high safety standards are its top priority in the development of its first electric vehicle (EV). Its President and Chief Executive Officer Datuk Seri Zainal Abidin Ahmad said Perodua is committed to ensuring that the EV, which is expected to be introduced by the end of this year, complies with strict safety standards to prevent any untoward incidents. He added that the 'safety first' concept is being applied comprehensively at every level of Perodua's product development, covering vehicle safety, factory operations, and worker safety. 'Insya-ALLAH, we hope our car that will be released later will meet certain safety standards that we have selected and defined,' he told reporters after attending the launch of the Voluntary Next Generation Vehicle (NxGV) Labelling Scheme here today. He was commenting on a recent incident involving an international EV brand that reportedly came to a sudden stop on the highway. Previously, local media reported that a family experienced a frightening moment when the electric vehicle they were in suddenly braked while being driven in the fast lane of the Cheras-Kajang Highway on May 1. On May 8, Zainal Abidin said Perodua aims to finalise production of its first EV by October, with plans to market it by the end of the year. He said in the initial phase, the vehicle will have over 30 per cent local content and will be assembled at its new plant in Rawang, Selangor, with a price tag under RM80,000.
