It is based on sales volume, selling price, part costs, fuel consumption and total cost of ownership over a five-year period.
KUALA LUMPUR: The Perodua Myvi has bagged Frost & Sullivan’s best Value-for-Money Car of the Year Award for the 1.3L-above category.
The award was based on sales volume and selling price of the model in 2014, part costs, fuel consumption and total cost of ownership over a five-year period or about 100,000km usage.
In a statement, president and chief executive officer Aminar Rashid Salleh said the award demonstrated the company’s overall commitment to bringing the best in terms of in-built quality and value proposition.
Perodua has sold more than 830,000 Myvi since its launch in 2005 and the vehicle continues to be the nation’s favourite.