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

PT Astra Daihatsu Motor (ADM), an Indonesian subsidiary of Daihatsu Motor, held a groundbreaking ceremony for the new assembly plant in Karawang, West Java, Indonesia, marking the start of its construction. The new plant (Plant Line 2) is being built in the area adjacent to the site of the first Karawang Assembly Plant (Plant Line 1) in West Java, and will replace the plant in Sunter which has been in operation for 27 years. The Sunter plant produces the Multi Purpose Vehicles (MPV) and Sport Ut

The Japan Automobile Dealers Association (JADA) and All Japan Light Motor Vehicle Associations have announced the sales figures of cars sold in the Land of the Rising Sun for the first half of 2022. For the first half of fiscal year 2022, which is recorded from April to September, the best-selling car is in fact the Honda N-Box, with 86,876 units sold overall. Year-on-year, sales of the N-Box has increased by 96 percent. Also Read: Honda Freed becomes Japan's No.1 minivan in H1 2022 as Toyota Si

Toyota Astra Motor, the distributor of Toyota vehicles in Indonesia has, overnight decided to slap the hallowed Gazoo Racing (GR) badge on its regular cars, a move that will make fans of pure-bred GR cars like the GR Yaris, GR Supra, GR86 go queasy. At least when Malaysian distributor UMW Toyota Motor introduced the Vios GR-Sport (a legit brand sitting one spot below pure GR cars), it had an upgraded chassis with fine-tuning done by local racing ace from the Toyota Vios Challenge one-make race’s

Our fellow media friend Tom Goh from zerotohundred.com will once again be participating in Season 4 of the Toyota Gazoo Racing (TGR) Malaysia Vios Challenge. Once again, Tom will be racing in car #33, in the mid-tier Sporting Class, under Team S&D Tama Motorsports. S&D Tama, better known as Toyota Penang, is a Japanese Toyota dealer that has expanded to Malaysia. It’s the local arm of Netz Toyota Tama, which has been operating in Japan for nearly 60 years. The first round of Season 4 will take p

(2020 Mazda CX-30 Specs & Price | Gallery) Following the announcement that the 2020 Mazda CX-30 is now open for bookings in Malaysia, the Mazda CX-30 is now on display at Bermaz Motor’s Petaling Jaya and Glenmarie showrooms. There will be 3 variants of the CX-30 on sale in Malaysia, priced from RM 143k to RM 173k. The Mazda CX-30 will be fully imported from Japan just like the Mazda 3 and local deliveries are expected to begin in early 2020 – likely before Chinese New Year. The Mazda CX-30 is no