Bloomberg reports that Geely Auto is set to assemble vehicles in Vietnam, with a USD 170 million (around RM 700 million) plan to build an assembly plant and expand local production. Partnering with Hanoi-based Tasco Joint Stock Company, Geely’s new facility will be able to crank out up to 75,000 cars a year, as confirmed by a company statement. Of the total investment, Geely’s contributing 36%, with the rest of the cash coming from Tasco. That means Geely will shell out around USD 60 million (ar

Shaun

Sep 25, 2024

At a recent launch conference in Nanning, China, SAIC-GM-Wuling (SGMW) announced its “One, Two, Three” ASEAN strategy to build a new energy vehicle (NEV) industry chain in the region by 2030. It also unveiled a bold concept representing the joint venture’s new goals for Southeast Asia. Called the “Light of ASEAN”, the concept has a sharp, clean look representing a design language for the region but its biggest draw is the pair of large gullwing doors. As fancy-looking as it is, we wouldn’t expec

CY Foong

Sep 25, 2024

Earlier this month, BMW Malaysia announced the locally-assembled (CKD) G60 2024 BMW 520i M Sport, priced at RM 376,700 on-the-road, minus insurance, with their five-year Service & Repair Inclusive package – that's warranty and free service bundled up. Now, we’re bringing you live photos of the new entry-level BMW 5 Series variant. On the outside, it's all about the M Sport package. You get 19-inch double-spoke 935 M bicolour wheels and the menacing M high-gloss Shadowline trim. You get Adaptive

Shaun

Sep 25, 2024

Volvo Car Malaysia has unveiled the Volvo EX30, the smallest battery electric vehicle (BEV) model in the Swedish carmaker’s stable. Fully imported (CBU) from China, 3 variants of the EX30 are available in Malaysia which are: EX30 Plus – RM 188,888 EX30 Ultra – RM 208,888 EX30 Ultra Twin Performance – RM 228,888 Local assembly (CKD) production for the EX30 is planned for later though initial deliveries will be CBU China. Both the Plus and Ultra are single-motor variants which are powered by a rea

CY Foong

Sep 25, 2024

Toyota Motor Corporation’s (TMC) Chairman Akio Toyoda will be flying to Seoul to meet Hyundai Motor Group’s (HMG) Chairman Chung Euisun in October, reports The Korea Economic Daily. The visit will be a first for Chairman Toyoda since 2012. Korea – which for historical reasons, is not a favourable place for Japanese brands to do business in - is not a big market for Toyota. However, the recent surge in interest in hybrids in Korea and more liberal attitudes towards Japanese cars are changing Toyo

Hans

Sep 25, 2024