Perodua Viva News From Malaysia

NEW PERODUA VIVA FROM MALAYSIA

KUALA LUMPUR, July 30 (Bernama) - Perusahaan Otomobil Kedua Sdn Bhd (Perodua) aims to sell 10.000 units compact Viva car worth RM370 million under the new special promotion scheme for staff of government and government-linked companies from July 24 until October 15 this year.

Perodua today signed a memorandum of understanding (MoU) with Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) and Takaful Ikhlas Sdn Bhd to offer car financing facilities and personal protection for civil servants.

"We hope this campaign will increase sales of Viva and provide opportunities for government employees to purchase new cars with easy loans and insurance," said Perodua managing director Datuk Syed Hafiz Syed Abu Bakar told reporters after the ceremony permeterian here, today.

He said buyers who purchase cars Viva during the campaign that will become members automotik Perodua Malaysia Club and receive one year free maintenance worth RM350.

Under the agreement, the People's Bank will provide financing up to 100 percent for the next 10 years.

The bank offers two financing schemes that Annaqlu 1 and Annaqlu 2.

Under Annaqlu 1, margin financing is 90 percent with interest rates between 3:30 and 3.75 percent.

For Annaqlu 2, the margin is 100 percent financing with rates between 4:05 and 4:25 per cent.

Buyers who signed the agreement will also get free personal takaful protection package worth RM100, 000 for a period of three years from Takaful Ikhlas.

Bank Rakyat managing director Datuk Che Mat said Kamaruzaman total financing for Perodua cars amounted to more than 50 percent compared to other car companies, making it the highest car financing portfolio for the bank.

Kamaruzaman said car financing portfolio of the bank is expected to increase to more than RM2.0 billion with the new scheme from RM1.8 billion currently.

"We are ready to pay whatever amount it even more than 10,000 customers who apply for car loans under this package," he said.