Sime Darby Berhad today announced that it has entered into a conditional share purchase agreement with Permodalan Nasional Berhad to acquire PNB’s 61.2% stake in UMW Holdings Berhad, which not only includes their aerospace and manufacturing businesses, but also the Toyota and Perodua brands. Under the terms of the agreement, Sime Darby will purchase PNB’s 61.2% stake for a total cash consideration of RM3.57 billion or RM 5.00 per share. Once the agreement becomes unconditional, Sime Darby will b

Ferrari S.p.A has found a new partner for their Malaysian operations in Ital Auto Malaysia Sdn. Bhd., which have been appointed as the supercar maker's authorised importer in our country. Ital Auto Malaysia Sdn. Bhd. is a subsidiary of Singapore-based Ital Auto Pte. Ltd, which also holds the same role in the island nation and in turn an affiliate of Komoco Holdings Pte. Ltd, a Shanghai-based regional automotive group that also dabbles in the fields of luxury retail, property, and food business.

Putting an automatic car on the racetrack sounds controversial enough, but say it has a CVT and things get rather heated. Cooling down is recommended. But this CVT didn't need any of that. Enter team Toyota Gazoo Racing Motorsport Thailand's 2023 AC100 Toyota Vios (sold as the Yaris Ativ there), which completed the 2022 Idemitsu 25-Hour Super Endurance Race last December with nary a tow truck in sight. Also read: To continue his teacher's dream, Akio Toyoda is racing in Thailand to show 5 soluti

The Nissan Almera, Mazda 2, and Honda HR-V have emerged as quality winners, according to J.D. Power's Thailand Initial Quality Study (IQS). 5,419 new vehicle owners were surveyed from May to September 2022, with their cars evaluated against 8 metrics: Exterior Driving experience Features/controls/displays Seats Audio/communication/entertainment/navigation Heating/ventilation/air conditioning Interior Engine/transmission. Initial quality is measured by the number of problems experienced per 100 v

You’ve probably heard or read comments that says something along the lines of “The Honda HR-V is not an SUV, it’s a crossover. An SUV is something like a Toyota Fortuner.” You can replace the former with any tarmac-biased tall riding vehicle, and the latter with any ladder frame 4x4. Some say an SUV that is based on a passenger car should be called a crossover, not an SUV. But 9 out of 10 SUVs today are based on passenger cars, so it's questionable if this is still valid today. Then there are ot

Two new kids on the block versus the current king on the throne. This is the age-old banter of SUV practicality, and we have a worthy opponent to the formidable Honda HR-V: the 2020 Proton X50 and 2021 Nissan Kicks. However, thanks to the Covid-19 pandemic, Nissan Kicks e-Power will not be here till 2021, while Proton X50 launch has been delayed later this year. 2018 Honda HR-V Gallery Honda HR-V Before we go into detail, let’s start with the king. The Honda HR-V has been enjoying tremendous sal