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

Great Wall Motor Sales Malaysia (GWM Malaysia) has announced penning a Memorandum of Understanding (MoU) with PEPS-JV (Melaka, a subsidiary of EP Manufacturing Berhad (EPMB), for local assembly (CKD) and manufacturing of Haval models in Malaysia. A key component of the MoU will see GWM Malaysia and EPMB propel their collaboration towards a definitive agreement in the coming three months, culminating in EPMB handling CKD operations for the selected GWM models. The move will see prominent models f

Tesla presented its much-anticipated Q2 2023 financial results yesterday. Investors have been waiting for the financial presentation because in the months prior, Tesla had started a price war on a scale that’s never seen in recent times. As the Chinese economy slows, demand for EVs also took a hit but Tesla responded by slashing prices, forcing many EV players into a corner. Thanks to its highly efficient Gigacasting production method, vertically integrated supply chain, and lean online-only sal

What's your idea of future cars? Nvidia says they'll pivot to become living spaces, so obviously gaming in them should be a pivotal part of vehicle ownership, powertrain discussions aside. At least that's the bigger idea behind the Californian company's latest innovation, bringing their GeForce Now cloud gaming service to cars. No special equipment needed, you can stream games and more through the car's infotainment system. GeForce Now is a game-streaming service which enables you to take most g

Dinamikjaya Motors to launch Kia EV6 in Malaysia in H2 2022 Sales will be low, capped by shortage in supply Bermaz's priority is to stablize Kia's profitability and sales volume, before putting in more resources into EVs Bermaz Auto, the parent company of Kia distributor Dinamikjaya Motors, is confirmed to launch the fully electric, E-GMP platform Kia EV6 in the second half of this year. This was confirmed by CEO Dato’ Francis Lee in an interview with BFM radio earlier this month. “We are going

Perhaps one of the cutest electric vehicles (EVs) available today, the Ora Good Cat, will be launched in Thailand within this month. According to our colleagues over at Autofun Thailand, the Ora Good Cat is said to be priced below the THB 1 million (~RM 123k) mark, undercutting a lot of rivals, including the MG ZS EV (THB 1.19 million). A right-hand-drive mule was spotted in the Kingdom earlier this year, fueling speculation that Great Wall Motors, or GWM in short (Ora’s parent company) has plan