Rumours of a new Perodua SUV have been around for some time now, and a report by Kenanga Research may have confirmed that such a model exists. The unnamed SUV (codename D38L) is said to make its launch debut this year as part of efforts to ensure Perodua meets its sales target of 209,000 units for 2018.

The company had already stated it is seriously considering the introduction of a compact SUV in the past in light of current market trends, but has remain tight-lipped on the details. It has been suggested that the Daihatsu DN Trec Concept, a preview for a B-segment SUV, could be the model Perodua has in mind to re-enter the SUV market.

A budget rival to B-segment SUVs such as the Honda HR-V, Mazda CX-3 and Toyota C-HR will certainly be something that might pique the interest of car buyers. In an earlier report, Perodua president and CEO Datuk Aminar Rashid Salleh said the psychological price point for Perodua cars is RM 60,000.