Despite troubles in China, Honda has set a record high operating profit of 1.38 trillion Yen (~RM 42 billion) for the financial year period of April 2023 to March 2024 (FY2024). The figure is 77% higher than the previous financial year. Honda credits the stellar results to its well-balanced portfolio that includes the highly profitable motorcycle business (with a 17.3% profit margin), which contributed 40 percent of the company’s total profit, nearly equal to that of Honda’s automobiles division
Hans
13.05.2024
Is the time for the new Proton X70 facelift's launch quickly approaching? Perhaps but this latest spyshot of an undisguised X70 might be hinting that speculation a lot closer. Taken by a user named Prince El Rachid and posted on Pandu Laju's social media page, the new-look X70 shows off a new front grille treatment similar to the Proton X90 and Proton S70. It also gains a new redesigned front bumper as well as slimmer LED headlights which resemble that of the Geely Boyue facelift. Besides the ni
CY Foong
10.05.2024
Perodua's expansion of its export business now includes Bangladesh, with the Malaysian carmaker inking a partnership with ex-Proton partners PHP Motors. For now, the range includes four models: the Aruz, Axia, Bezza, and Myvi. Managing Director of PHP Motors, Mohammed Akhter Pravez, added that the company will be assembling the models in their Chattogram factory, while working on bringing the full range of Perodua models to Bangladesh. The named models will begin sales there by the end of this m
Sanjay
10.05.2024
UMW Toyota Motor (UMWT) announced yesterday that it sold 7,345 units of Toyota and Lexus vehicles in April 2024, with Toyota-badged models contributing 7,213 units, while the imported-from-Japan only Lexus contributed 132 units. Year-to-date, the company sold 30,789 units in the first four months. The company didn’t share its sales numbers for March 2024, but figures compiled by RHB Investment Bank put it at 9,688 units. That’s a that month-on-month, UMWT’s sales had dropped by 25 percent, but t
Hans
09.05.2024
At Thursday's media conference on Proton’s quality assurance journey, P1 confirmed some details of the Proton X70 facelift which is due to be unveiled this year including the addition of ACC with Stop & Go. However, another tidbit of information officially revealed by P1 is the expected launch of the company’s first plug-in hybrid (PHEV) or battery electric vehicle (BEV). In a slide explaining the company’s future mobility plans beyond 2030 called CASE (Connected, Autonomous, Shared, and Electri
CY Foong
07.05.2024
Perodua is set to increase its exports by 79% in 2024, with Brunei marking its initial expansion into foreign markets this year. From 1, 094 units in 2023, the company aims to export 1,960 units in 2024, reflecting its ambition to diversify its global presence. On 3-May 2024, Perodua introduced the Alza along with the Axia to Brunei, targeting sales of 120 and 40 units respectively. Additionally, the Bezza 1.0L G will be exported to Brunei with a sales goal of 300 units, bringing the total expec
Sanjay
06.05.2024