KUALA LUMPUR:Proton Holdings Bhd (Proton) has launched its used car website, Proton Certified Pre-Owned (PCPO) to allow customers to browse through current stocks available at 36 dealers nationwide, and also trade-in their cars to obtain great deals on a brand new Proton model.
In a statement today, Proton said as its sales grew in 2019, it became apparent that processing customers’ trade-ins efficiently was key to maintaining the growth rate.
Proton Edar chief executive officer Roslan Abdullah said to facilitate this, Proton has established a Used Car Management (UCM) division to grow a network of dealers to sell used cars alongside new ones.
"All of them need to meet several criteria to qualify and agree to undertake the necessary steps to prepare their trade-in stock for sale.
"Other requirements for PCPO cars include being less than seven years old with less than 130,000 kilometres covered at the time of trade-in, and they must also not have any flood or major accident damage that may affect their structural integrity," he said.
According to Roslan, Proton’s PCPO was the next step for the company to build a holistic ecosystem.
"As we continue to offer new and improved products, we also want to attract those interested in purchasing used cars and offer a quick and easy way for customers to trade-in their current vehicle," he said.
He added that all PCPO cars will get an extended one-year warranty for the engine and transmission as well as a free service, redeemable up to six-months after the date of registration.
Roslan said the website will also offer cars from other brands that have been traded-in via the PCPO, but noted that the vehicles will not receive an extended warranty from the company.
However, the vehicles will still be thoroughly inspected and repaired if necessary prior to being put up for sale.
“Aside from helping to drive new car sales, Proton’s UCM division aims to help stabilise and gradually build the residual value of Proton vehicles.
"By offering high quality used cars, we hope to see a general lifting of prices for all our models, making it easier for customers to obtain competitive financing rates and raise trade-in values when they want to buy a new car,” added Roslan.
More information is available at https://used-cars.proton.com.
-- BERNAMA
Bernama
Thu Nov 12 2020
Proton Edar chief executive officer Roslan Abdullah said to facilitate this, Proton has established a Used Car Management (UCM) division to grow a network of dealers to sell used cars alongside new ones. - REUTERS
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
NFOF will be operational in November 2024 with funding of RM1 bil
PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Minimum wage to increase to RM1,700 effective Feb 1, 2025
The Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.
Bursa Malaysia ends higher on Budget 2025 optimism
The benchmark index, which opened 1.85 points higher at 1,643.29, moved between 1,641.71 and 1,649.31 throughout the trading session.
Five important aspects relating to people’s lives in Budget 2025 - PM
The focus is on driving the MADANI Economy, speeding reforms, cutting red tape, raising wages, and tackling the cost of living.
Economic outlook: Govt plans to leverage, expand existing city transit system
The expansion aims to provide a more efficient and reliable public transportation network, reduce congestion, and improve accessibility.
Economic outlook: Budget 2025 to lay foundation for a digital-driven economy
The report said Budget 2025 will entail efforts to position Kuala Lumpur as a top 20 global startup hub by 2030 through the KL20 initiative.
Economic outlook: Corruption and lack of accountability hinder economic progress
Special Cabinet Committee on National governance is established to curb corruption, law reforms to modernise outdate regulations, MoF said.
National Wages Consultative Council will be strengthened
The govt will also incentivise hiring women returning from career breaks, offer job matching and improve care services facilities.
Economic outlook: Ensuring 11 years of compulsory education for all children
Budget 2025 will continue prioritising upskilling and retraining initiatives to equip workers with the latest skill sets necessary.
Consolidated public sector projected to record lower surplus of RM41.7 bil 2024
The MoF said the consolidated general government revenue is estimated to increase slightly to RM384.7 billion in 2024.
PM announces substantial Budget 2025 hastening Malaysia to become Asian economic powerhouse
Datuk Seri Anwar Ibrahim said it would create jobs and also tackle financial leakages to enhance public spending efficiency.