Automotive

Auto and autoparts to see negative earnings growths, says research house

AUTOMOTIVE and automotive parts sector is expected to see negative earnings growth this year, in line with its expected cyclical…

7 months ago

DRB-HICOM’s FY2023 net profit surges on automotive sector growth

DRB-HICOM Bhd reported a net profit of RM238.88 million for the fiscal year ending Dec 31, 2023, compared to RM187.71…

12 months ago

Unlocking Malaysia’s global automotive potential

Entries by international EV companies signal a significant move towards EV transition, and longstanding local players also play pivotal roles  by…

12 months ago

Automotive sector in higher gear in 2023 with TIV set to hit all-time high

KUALA LUMPUR – Malaysia’s automotive industry picked up speed in 2023, bolstered by robust sales for new motor vehicles, efforts…

1 year ago

MBM Resources downgraded to ‘sell’ on cautious Perodua earnings outlook

Automotive group MBM Resources Bhd's counter has been downgraded to a 'Sell' from 'Hold' at a local research house due…

1 year ago

MAA president Aishah dies in Jeddah

KUALA LUMPUR – Malaysian Automotive Association (MAA) president Datuk Aishah Ahmad Badjunaid (picture) died in Jeddah on the morning of Feb 2.…

2 years ago

Mercedes-AMG G63 4×4² is bigger, badder, better

The German automotive brand makes its iconic G-Wagen an unapologetic joyride by HANNAH ELLIOTT WITH a top roofline nearly eight feet high,…

2 years ago

Malaysia’s 2022 TIV hits record high, surpasses 2015

KUALA LUMPUR – Malaysia’s automotive total industry volume (TIV) hit a record high of 720,658 units in 2022, breaking the…

2 years ago

MAA expects automotive sector’s TIV to hit 650,000 units in 2023

PETALING JAYA – Malaysia is projected to record a total industry volume (TIV) of 650,000 units in 2023, down 9.8…

2 years ago

UMW car sales jump 46% to 383,054 units in 2022

UMW Group delivered a record-high of 383,054 units of vehicles in 2022, 46% higher than the 262,685 units registered in 2021.…

2 years ago

Perodua to leverage on growth achieved, expand capacity in 2023

As such, the car maker is hoping that the material and fuel prices will remain manageable PERUSAHAAN Otomobil Kedua Sdn…

2 years ago

Bigger volume for automotive in 2023, but at slower pace

The sector saw an encouraging performance despite the discontinuation of SST, supply disruption and a challenging market  by NURUL SUHAIDI…

2 years ago

Proton’s YTD sales surpasses whole of 2021 by 10.4%

KUALA LUMPUR – Proton Holdings Bhd (Proton) has sold 126,682 units year-to-date (YTD), surpassing the 114,708 units it sold in…

2 years ago