For over 40 years, the Austrian lake of Worthersee has played host to the world’s biggest gathering of Volkswagen Golf GTIs. However, following the pandemic and as part of the lakeside council’s push for “environmental sustainability”, the annual gathering has been cancelled since 2023. Though the mecca for Golf owners no longer sees its annual pilgrimage, the love for Volkswagen’s legendary hot hatch name spreads beyond the Austrian waters with numerous clubs and gatherings popping up all over

CY Foong

May 31, 2024

At a recent event in Kuantan, Pahang, Volkswagen Passenger Cars Malaysia (VPCM) has confirmed that the company is keen to introduce a new SUV positioned between the VW Touareg and the VW Tiguan Allspace R-Line. The Touareg goes for RM 470k, while the Tiguan Allspace starts from RM 177k for the base Life variant. The RM 258k Tiguan Allspace R-Line closes the gap a bit, but there's still quite a price difference. Answering whether VPCM plans to fill this gap, Denyu Bostandzhiev, Managing Director

Sanjay

May 31, 2024

Polestar, the spinoff brand from Volvo focusing only on battery EVs (BEVs), is now trading on NASDAQ at just USD 76 cents. That’s 95% down from its high of USD 13 in 24-June 2022, the company first went public. The company has also missed its deadline for filing its financial report for Q1 2024 and 2023 (full year). The company has been served a deficiency notice from NASDAQ, and has 60 days (from 17-May) to comply. Polestar is latest BEV-only brand to run into financial troubles, as demand for

Hans

May 31, 2024

Following its return to the market last year, Chery has been widely accepted by Malaysians. Chery Malaysia currently has two models in its lineup, the Chery Omoda 5 and the Chery Tiggo 8 Pro, with both SUVs locally assembled (CKD) at the Inokom plant in Kulim. In the 8 months since CKD assembly began, 10,000 units of Chery SUVs have already been rolled out from the production line. This is based on a LinkedIn post by Mohd Aimanuddin Abu Bakar, Logistics Manager at Chery Malaysia. Aimanuddin also

CY Foong

May 31, 2024

Following our earlier post regarding a Hong Kong stock exchange filing by Tan Chong International Limited (TCIL), saying that Subaru will cease all local assembly (CKD) operations in Southeast Asia by 2025, we can now confirm that no new Subaru has been produced in Malaysia since June 2023. Local distributor TC Subaru’s sole CKD model in Malaysia is the Subaru XV. The model is assembled at contract manufacturer Tan Chong Motor Assemblies’ (TCMA) plant in Segambut. Checks with production data com

Hans

May 31, 2024