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

Edgy and in-your-face, the 2023 BMW iX is as much about making a statement as it is about being a EV powerhouse and engaging SUV to drive. Since its formal introduction in Malaysia in 2021, the BMW iX has taken the EV market by storm, offering customers a solid entry point to EV ownership given it’s overall luxury, practicality, driving range and efficiency. Also read: Review: BMW iX xDrive40 Sport - Brilliant to drive, shame about the looks Additionally, with three variants on offer, and prices

The next-generation electric vehicles (EV) by Mercedes-Benz, set to arrive at the end of 2024, will reportedly drop the EQ brand name, according to the German daily Handelsblatt. Mercedes-Benz currently markets its EVs under the EQ brand, with the EQC being the first model that was announced in 2016. It has since expanded to include EQA, EQB, EQE, EQS, and SUV models of the last two. Also read: Malaysia will CKD a Mercedes-Benz EQ model in 2023 - first EV from Pekan As Mercedes-Benz plans to bec

Mercedes-Benz Malaysia has confirmed that it will be launching a new locally assembled (CKD) battery EV model next year. “We are certainly working on localizing the EQ models. In 2023, we will announce our first EQ model that will be localized, so I ask you to stay tuned for that,” said Sagree Sardien, CEO & President of Mercedes-Benz Malaysia, at the sidelines of the launch of the Mercedes-Benz EQE today. Mercedes-Benz Malaysia’s plant in Pekan, Pahang currently only makes one electrified model

Following the tabling of Budget 2023 on Friday, BMW Group Malaysia is upbeat about the future of electric vehicles (EVs) in the country. Managing Director Hans de Visser says EV and green technology promotion measures outlined in Budget 2023 fits well into the company’s vision for the BMW Group in Malaysia. The following is a commentary from de Visser, released on Friday evening: -------------- The announcements from Budget 2023 tabled today signal a brand-new era for Electrified and Sustainable

Price down by RM 56k depending on variant Output of 326 PS, 630 Nm with 425 km range The tax-free prices of the BMW iX xDrive40 have been confirmed, starting from RM 379,800 to RM 430,400 (OTR without insurance, with extended warranty and service package) for the xDrive40 Sport with Power Package. Previously, prices at launch ranged from RM 435,800 to RM 493,400. This marks a reduction of RM 56k for the base variant. Prices of 2021 BMW iX in Malaysia xDrive40 RM 379,800* xDrive40 Sport RM 425,80