Posts Tagged ‘Automotive’

DRB-Hicom returns to profitability on automotive, services income

News | Wheels
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

World
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 ...

Mercedes-Benz 1Q sales supported by financing packages and new models, says Raine

News | Wheels
By SHAZNI ONG / Pic By MUHD AMIN NAHARUL
Mercedes-Benz Malaysia Sdn Bhd (MBM) sold 2,944 vehicles in the first quarter of 2019 (1Q19), slightly higher ...

Ong: Embrace new tech in automotive engineering

Economy | News
By SHAZNI ONG / Pic By ISMAIL CHE RUS
Malaysia needs to embrace and adapt to new technologies in the automotive engineering industry, said Deputy ...

Hyundai in JV with Russia’s Yandex for autonomous cars

World
MOSCOW • A Hyundai Motor Group unit and Russia’s biggest technology company Yandex NV will jointly develop autonomous vehicles based on the South Korean ...

German car industry to invest RM183b in EVs

Business | World
By BLOOMBERG
MUNICH • Germany’s automotive industry will invest over €40 billion (RM183.34 billion) in electric vehicles (EVs) over the next three ...

DRB-Hicom Bhd returned to the black on services, auto biz

Business | News
By FARA AISYAH / Pic By MUHD AMIN NAHARUL
DRB-Hicom Bhd returned to the black in the third quarter ended Dec 31, 2018 (3QFY19), posting a net profit of ...

Govt may include ELV under new automotive policy

News
Project would be led by MARii while the MoT would be working on the vehicle deregistration
By AFIQ AZIZ / Pic By TMR The government may include the ...

Carmakers to step up their game as competition heightens

News | Wheels
Despite a more conservative outlook, new launches in 2019, particularly in the mass market, are likely to boost volume
By RAHIMI YUNUS / Pic ByMUHD ...

Major carmakers submit bids for 3rd national car project

News
MITI is expected to shortlist the proposals for the next stage soon
By RAHIMI YUNUS / Pic By MUHD AMIN NAHARUL Major auto brands and international ...

Carmakers brace for soft market after bumper tax-free period

Business | News
OEMs are expected to see a drop in sales post zero-GST due to advance purchases  and exhausted stocks
By RAHIMI YUNUS / Pic By MUHD AMIN NAHARUL ...

Almost 199,000 vehicles sold during tax holiday

Business | News
By RAHIMI YUNUS / Pic By MUHD AMIN NAHARUL
The automotive sector sold 198,518 vehicles during the three-month tax holiday period, almost 48,000 more ...