The BMW Group announced its third quarter earnings before tax (EBT) margin came in at 10.6 percent, down 0.4 percent from the preceding quarter; however, the numbers were dragged down by its Motorrad motorcycle business. The company’s 4-wheeler automotive segment – the segment were are interested in - recorded an EBT margin of 9.8 percent, up 0.6 percent from the previous quarter, and 0.9% higher than the same quarter last year. The increase in profit came despite a marginal 0.6 percent drop in

Forwardism – defined not by Merriam Webster but by BMW as “the joy of seeing and feeling the future before it’s been created and continually challenging convention.” Sometimes, when you’re pushing the boundaries of something never done before, the word for it probably doesn’t exist… yet so BMW created their own. Apart from some of the best driving machines, BMW Group Malaysia has also been championing going beyond conventional norms by embracing the future of innovation as part of their journey.

The government has no intention of gradually ending the Approved Permits (AP) for imported vehicles, according to Minister of Investment, Trade, and Industry (MITI) Tengku Datuk Seri Zafrul Abdul Aziz. The system remains in effect even though the government allowed Tesla, to sell cars in the country without the usual AP requirements for imported cars. "We have not discussed this (abolishing the AP system) yet, there is no intention," he said while speaking to Bernama after inaugurating the Autom

Drama comes to the luxury-EV sphere as the 2023 Mercedes-AMG EQE sedan has just been launched in Malaysia. The all-electric, hyperactive version of the E-Class is fully-imported (CBU Germany), and priced from RM 649,888 (OTR without insurance) Sitting on the same EVA2 platform as the AMG EQS (launched simultaneously, article here), the AMG EQE is also built with 100% recycled steel. Specs It's all about the big numbers for the EQE – the front and rear electric (eATS) motors, which work together

Thailand may have become the second South East Asian country after Singapore to setup a Tesla store but Indonesia has no intention of following Thailand’s footsteps in become a mere sales agent. Instead, Indonesia wants Tesla to setup a 500,000 cars per year manufacturing facility there. The carrot? The Indonesian government is offering Tesla access to renewable geothermal-generated electricity (up to 400 MW to be made available to the proposed region), which will have a positive impact on Tesla

Our burgeoning electric vehicle (EV) market welcomes a new face as the 2022 Ioniq 5 has just been launched in Malaysia. There's three variants on offer, and prices are as below: Ioniq 5 Lite: RM 199,888 Ioniq 5 Plus: RM 229,888 Ioniq 5 Max: RM 259,888 All prices are inclusive SST discount, valid until 30-June 2022. Beginning July, full sales tax will apply to the model, but the Ioniq 5's status as a fully-imported (CBU Korea) battery-EV means import and excise duties, as well as road tax will be