At the sidelines of the Perodua and MRL, Kuantan Port Memoranda of Understanding (MoU) signing ceremony today, the carmaker's CEO, Dato' Sri Zainal Abidin Ahmad affirmed that the fuel subsidy rationalisation programme that recently went into effect won't affect its models' prices. "No, because as mentioned by the minister, for large companies...mostly our carriers use diesel, and they can enjoy [targeted fuel subsidy using fleet cards], so it will not be affected. If any also, it will be very sm

Sanjay

Jun 10, 2024

Earlier today, Perodua has signened a memorandum of understanding (MoU) with Malaysia Rail Link (MRL) to explore potential long-term collaborations for the East Coast Rail Link’s (ECRL) freight transportation services, set to launch by January 2027. MRL, which owns the currently in-progress 665 km ECRL network, itself inked another MoU with Kuantan Port for the same. The MoUs between MRL and Perodua, and between MRL and Kuantan Port, aim to encourage industry players to shift cargo movement from

Sanjay

Jun 10, 2024

The sales growth Chinese battery electric vehicle (BEV) brands into the Western European passenger car market has hit a roadblock, according to the latest industry data from Schmidt Automotive Research. Despite initial momentum, Chinese BEV sales have plateaued, holding at 2.9 percent of the total market share in the region during the first third of 2024. This stagnation precedes a critical decision by the European Commission on potential provisional extra tariffs on Chinese electric vehicle imp

Shaun

Jun 10, 2024

BMW Malaysia has announced the pricing for the G60-generation 2024 BMW 520i. This locally assembled (CKD) sedan is now available at authorised BMW dealerships across the country, starting at RM 359,700 (OTR without insurance, inclusive of the extended warranty and service package). Debuted at the Malaysia Autoshow 2024, the 2024 BMW 520i gets a B48 2.0-litre 4-cylinder turbocharged engine with 48-volt mild-hybrid technology (MHEV), delivering 208 PS and 330 Nm of torque. Power is sent to the rea

Shaun

Jun 10, 2024

As the European Union (EU) is looking to crack down on the influx of Chinese-made battery electric vehicles (BEV), Volvo is caught in the crossfire. The Swedish carmaker is considering moving production of its BEV models to Belgium according to Reuters. Citing a report made by UK’s The Times, the Geely-owned automaker is mulling plans to move BEV production from China to Belgium to avoid tariffs. This comes following rumours that Volvo might halt sales of Chinese-built models like the EX30 and t

CY Foong

Jun 10, 2024