The Ministry of Finance announced today that private diesel vehicle owners who meet certain eligibility criteria can apply under the BUDI Individual category, while small farmers and small commodity growers can apply under the BUDI Agri-Commodity category. "Eligible recipients under both categories will receive Budi Madani of RM200 per month in line with the implementation of targeted diesel subsidies," the statement said. The Ministry of Finance stated that this implementation follows the Natio

Sanjay

May 28, 2024

BMW recently unveiled the Concept Skytop at the Concorso d’Eleganza Villa d’Este, and according to Automotive News Europe, the company is contemplating a limited production run of the two-seat roadster. The Concept Skytop draws inspiration from the BMW Z8 roadster launched in 1998 and the BMW 503 2+2 coupe introduced in 1956. It features a minimalist yet muscular exterior with integrated winglets in place of door handles and light-alloy wheels with precise lamellas. It also includes advanced LED

Shaun

May 28, 2024

As of Friday, May 24, Chery Malaysia has completed inspections for 92% of the 600 units of Omoda 5 affected by the rear axle recall. Meanwhile, Chery Auto Philippines has announced a recall for 90 units of the Chery Tiggo 5X Pro due to the same issue. The Philippines is the third country to announce the recall, after Malaysia (600 units) and Indonesia (420 units), though the recall in the Philippines is for a different Tiggo 5X Pro model. Chery's rear axle recall was triggered by a single car in

Hans

May 28, 2024

Hyundai's line of performance vehicles under the N name are slated to launch in Indonesia as locally assembled products, reports local media Otodriver. Joonwoo Park who is currently the Vice President of the N Brand Management Group, said: "We hope to bring the Ioniq 5 N to Indonesia this year," when speaking to the Otodriver team in South Korea recently. Park mentioned that this high-performance product will likely be introduced in Indonesia around July ahead of its planned sales in October. He

Sanjay

May 28, 2024

The government of the Philippines has included hybrid and plug-in hybrid passenger cars in its list of qualified electrified vehicles exempted from paying import tax. The so-called Executive Order No. 12 now exempts battery EVs (BEVs), hybrids (HEVs), plug-in hybrids (PHEVs) as well as electric two-wheelers from import tax. The import tax exemption will be valid until 2028. Import tax for passenger cars in the Philippines range from 5% to 30%. Currently, Toyota hybrids dominate over 70% of Phili

Hans

May 28, 2024