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Kuala Lumpur: The Perodua Myvi has bagged Frost & Sullivan's best Value­for-Money Car of the Year Award for the 1.3L-above category.The award was on the basis of quantitative measurements, including sales volume and selling price of the model in 2014, part costs, fuel consumption and total cost of ownership over a five­year period or about 100,000 km usage.

In a statement, President and Chief Executive Officer Datuk Aminar Rashid Salleh said the award demonstrated the company's overall commitment to bringing the best in terms of in­built quality and value preposition.

Perodua has sold more than 830,000 units of the Myvi since its launch in 2005 and the vehicle continues to be the nation's favourite. – Bernama