Posts Tagged ‘Automotive’

Another tough year for steelmakers

by DASHVEENJIT KAUR/ pic by BLOOMBERG
REDUCED global steel demand in core industries as Covid-19 takes hold of steelmakers’ earnings in Asia, warned ...

Carmakers brace for slowdown

MAA wants the govt to relax hire purchase financing rules and provide tax reliefs for at least 1 year
by RAHIMI YUNUS/ pic by TMR FILE CARMAKERS want ...

DRB-Hicom strengthens on higher Proton sales

The conglomerate’s automotive sector contributed RM7b revenue with the renewed popularity of Proton which sold 100,821 units last year
by HARIZAH ...

UMW’s 4Q earnings helped by land sale

The group also saw stronger contribution from its continuing operations, as well as the manufacturing and engineering segment
By SHAZNI ONG / Pic By ...

Malaysia aims to boost car export market

NAP2020 incorporates 3 new advanced technological elements — NxGV, MaaS and the IR4.0, say PM
by RAHIMI YUNUS / pic by MUHD AMIN NAHARUL MALAYSIA ...

Karma Automotive plans an electric truck and SUV

By BLOOMBERG / Pic By BLOOMBERG
NEW YORK • The pickup truck market that has gone years without an electric entrant may have another competitor join the ...

Automotive industry on flat growth trajectory

The TIV was flat YtD with 549,445 vehicles sold compared to 550,410 units delivered in the 11 months last year
by RAHIMI YUNUS/ pic by MUHD AMIN ...

UMW’s 2Q19 net profit drops 54% to RM57m

by SULHI KHALID/ pic by MUHD AMIN NAHARUL
UMW Holdings Bhd’s net profit declined 54% year-on-year (YoY) to RM57.19 million in the second quarter ended ...

Automotive market ‘very tough’ now

The uncertain global environment is one of the factors that make the market very tough
By RAHIMI YUNUS / Pic By RAZAK GHAZALI THE local automotive ...

Luxury carmakers breaking SUV barriers

SUVs claim a record market share at 36.4% last year, up by 2.5% when compared to 2017
by RAHIMI YUNUS/ pic by MUHD AMIN NAHARUL THE fast growth of the ...

DRB-Hicom returns to profitability on automotive, services income

By MARK RAO / Pic By TMR File
DRB-Hicom Bhd returned to the black for its fourth quarter ended March 31, 2019 (4Q19), as key business segments, except ...

VW plots China push as trouble looms at home

FRANKFURT • A year into his tenure, Volkswagen AG (VW) CEO Herbert Diess is entering critical months as he seeks to expand the carmaker’s sprawling Chinese ...