At the 5th International Green tech & Eco Products Exhibition and Conference Malaysia (IGEM 2014), UMW Toyota Motor unveiled the Lexus NX 300h for the first time in Malaysia. Powered by the famed Lexus Hybrid Drive, the Lexus NX 300h will join the ranks of Lexus Malaysia’s existing range of hybrid models including the CT, ES, IS, GS, LS and RX.
UMW Toyota Motor also announced the order taking of the all new Lexus NX starts on 16 October 2014, (which is today by the way) at all Lexus centres in Malaysia. Below is the summary of the estimated On-The Road prices (OTR) that are available for the Lexus NX variants.
Apart from that, visitors at IGEM 2014 will also witness first-hand the future fuel efficient FT-Bh concept car. In addition to high environmental performance, the “ecomotion” (eco + emotion) FT-Bh aims to provide an “enjoyable driving experience through highly responsive and nimble operability.”
This is made possible thanks to reduced mass at just 786 kg, reduced road and air resistance, a highly efficient powertrain, effective thermal energy management and reduced power consumption by half of that of traditional B-segment cars of its kind. “We are truly glad to be participating yet again in another instalment of IGEM. As can be testified by both the Lexus NX 300h and the Toyota FT-Bh on display, as we showcase Toyota’s commitment to continue developing even better cars to benefit the people and the environment,” said Datuk Ismet Suki, President of UMW Toyota Motor.
Datuk Ismet Suki also commented on consumer speculation that vehicle prices will go down following the implementation of the Goods and Services Tax (GST) in April 2015. He stressed that consumers should not adopt a “wait-and-see” approach in buying cars as year-end promotions could be more attractive than a probable ‘zero to minimal’ price change following the GST implementation.
“Now is the best time to buy a car. The affect GST will have on car prices is relatively uncertain. To say that prices will go down because the 6% GST will replace the existing 10% Sales and Service tax is too simplistic. There are more factors at play, especially in the automotive market. We cannot be too sure until the GST is fully implemented,” he explained.
Members of the public who wish to visit the Lexus and Toyota booths at IGEM 2014 can do so on 19 October from 10.30 am to 5.00pm. Lexus and Toyota will be at Hall 4 of the Kuala Lumpur Convention Centre.