Public Motor Enterprise

BYD has yet to trouble the top-tier Japanese brands like Toyota or Honda in Malaysia’s overall car sales, but it will soon surpass second tier brands like Ford and Nissan. It has already propelled past VW. According to data compiled by RHB Investment Bank, Sime Darby Beyond Auto, the distributor of BYD cars in Malaysia, sold 1,919 units in the first quarter of 2024. RHB says BYD now controls 71% of Malaysia’s battery EV (BEV) segment. That puts BYD ahead of VW’s 412 units and Volvo’s 560 units,

Chery’s new Barcelona plant will have an annual production capacity of 150,000 units by 2029 and will be one of the Chinese company’s main export facilities, reports Reuters. Chery’s Zona Franca plant in Barcelona was first opened in 1983 by Nissan, in partnership with Spanish truck manufacturer Motor Iberica (producing the Patrol, Terrano, and later the Pathfinder, Navara, NV200 and Primastar light truck. Nissan shut down the plant in December 2021. Earlier this month, Chery announced that it i

Nissan has revised its financial forecast downwards for fiscal year ending 31-March 2024. Forecast sales volume has been lowered from 3.55 million to 3.44 million. This second downward revision, after the company’s earlier announcement in February, which trimmed down its forecast from 3.77 million to 3.55 million. Forecasts for net revenue, operating profit, and net income has also been trimmed down to 12.6 trillion Yen (down 400 billion Yen), 530 billion Yen (down 90 billion Yen), 370 billion Y

Chery has signed a joint venture deal with Spain’s Ebro EV Motors to produce vehicles at its first factory in Europe. The Chinese carmaker will begin assembling the Omoda 5 in semi-knock-down (SKD) form at the former Nissan plant in Barcelona which shut down in 2021. Chery acts as the junior partner in the joint venture with its Spanish partner being the majority shareholder. The plant will produce both Chery and Ebro EV vehicles in the fourth quarter of the year. The Anhui-based carmaker was la

The third-generation (J12) 2024 Nissan Qashqai facelift has been unveiled, bringing with it a range of design and equipment updates over the pre-facelift model that was first introduced in 2021. The Nissan Qashqai, mainly sold in Europe and Australia, is built on the Renault-Nissan 'CMF-C/D' platform which also underpins the Nissan X-Trail and the now discontinued US-market Rogue Sport. The latter is replaced by the all-new Nissan Kicks set to launch later this year. Also read: A very different