KUALA LUMPUR, Jan 16 — Automotive players with US dollar-denominated imports are expected to benefit from a stronger ringgit as a weaker greenback effectively reduces import costs, said MIDF Research.
KUALA LUMPUR, Dec 29 — Automotive component makers are calling on the government to defer the implementation of the “sudden upward revision” of the electricity tariff surcharge by more than 566 per cent to between 20 sen and 27.7sen/kWh beginning January 1, 2023, from 3.0 sen/kWh currently.
By Suhaila Shahrul Annuar KLANG, Dec 4 — The state government through the Selangor Workers’ Empowerment Unit (UPPS) has donated RM19,750 to the Pertubuhan Kebajikan Siswa Siswi for training and career assurance programme in the automotive sector. State executive councillor for community...
KUALA LUMPUR, Dec 4 — It's been a bumper year for car sales! Malaysia’s total industry volume (TIV) is poised to settle at a record high this year, driven by strong initial bookings figures and sustained demand. Car sales and accumulated bookings recorded by several marques in the first half...
KUALA LUMPUR, Sept 2 — Perodua's vehicle registration for August 2022 rose by about 42 per cent to 26,039 units compared with 18,346 vehicles registered in July 2022, an improvement in the supply of automotive components.
KUALA LUMPUR, Feb 3 — Perusahaan Otomobil Kedua Sdn Bhd (Perodua) aims to sell 240,000 vehicles this year on the back of sustained strong demand for its existing models and the extension of the sales tax exemption announced by the government.
KUALA LUMPUR, Jan 14 — Malaysia Automotive, Robotics and IoT Institute (MARii), an agency under the Ministry of International Trade and Industry has developed new opportunities in automated and connected technologies.
KUALA LUMPUR, Jan 1 — Perodua registered sales of 220,154 vehicles in the whole of 2020, beating its 210,000-unit target on the back of strong demand for its vehicles as consumers took advantage of the government’s sales tax exemption.
KUALA LUMPUR, Dec 10 — UMW Holdings Bhd’s automotive segment is on track to meet its full-year sales target supported by strong sales in November 2020 by both subsidiary UMW Toyota Motor Sdn Bhd (UMWT) and associate company Perusahaan Otomobil Kedua Sdn Bhd (Perodua).
KUALA LUMPUR, Nov 3 — Perusahaan Otomobil Kedua Sdn Bhd (Perodua) continued to achieve record monthly sales with 26,852 cars sold in October, just after setting an all-time monthly sales record of 25,035 units in the previous month.
KUALA LUMPUR, Aug 10 — A recent survey found that over 90 per cent of Malaysians are concerned about taking public transportation amidst the Covid-19 health threat, preferring to self-drive as a safety measure.
TAIZHOU, Aug 10 — Chinese carmaker Geely plans to use a platform developed with input from Volvo to build new models in Malaysia for its partly owned Proton brand, a strategy that shows how it aims to accelerate its push to become China's first global auto giant.
KUALA LUMPUR, June 26 — DRB-Hicom Bhd has recorded a net loss of RM173.27 million in the first quarter (Q1) ended March 31, 2020.
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