Renault Group CEO Luca de Meo does not see a near future where prices of battery EV (BEVs) models can come down low enough to match combustion engine models. “I do not see this parity getting close,” said de Meo at the opening of the Paris Auto Show earlier this month. De Meo said that 8 years ago, EV analysts were predicting that battery prices will come down within the next 5 years and will soon reach price parity with combustion engine models, but clearly none of that has happened. In fact, p

Built with an investment of about RM 2 billion, including land and equipment cost, UMW Toyota Motor’s Bukit Raja plant is one of the most advanced and efficient ones in Asia, said the distributor of Toyota and Lexus vehicles in Malaysia. The new plant, operated by UMW Toyota Motor's manufacturing subsidiary Assembly Services Sdn. Bhd. (ASSB), has a capacity to build 50,000 cars per year (further expansions possible) and currently builds the Toyota Vios, Yaris, and Corolla Cross, including the Co

It was a Toyota year again in Japan as the it celebrated becoming the world’s best-selling carmaker by continuing its dominance in its domestic market. Data from the Japan Automobile Dealers Association (JADA) shows them with the top four best-selling models in the country and total of 8 models in the top 10 for 2021. Top 10 best-selling models in Japan for 2021 Model Units Toyota Yaris 212,927 Toyota Roomy 134,801 Toyota Corolla 110,865 Toyota Alphard 95,049 Nissan Note 90,177 Toyota Raize 81,8

After an absence of 26 years, the Honda City nameplate returns to the hatchback body style. Following its global debut in Thailand, the question among many Malaysians would be whether to decide on the 2021 Honda City Hatchback or the upcoming Toyota Yaris facelift. Granted, it would take a while before the City with a shorter booty comes to Malaysia. Meanwhile, the Yaris facelift is expected to be launched in December but nevertheless, we love comparing cars here at WapCar. Without dragging on f

Toyota has confirmed that the company will discontinue the Mazda 2-based Toyota Yaris in the US by this year. This piece of information first made its rounds via a leaked memo from Toyota to its dealerships, confirming that production of the Yaris for the US market will stop in June 2020. A Toyota spokesperson said, "The Yaris sedan and Yaris Hatchback will not be available for model year 2021. Model year 2020 will be the last year for Yaris in the US." Even more saddening is the fact that Toyot

UMW Toyota Motor Sdn Bhd announces special term financing for graduates to get a brand new Toyota Vios, Yaris and Avanza in collaboration with Maybank Islamic Berhad. The Murabahah Vehicle Term Financing-i (MVTF-i), in accordance with the Murabahah principles, will provide an additional financing option to the graduates besides the Islamic Hire-Purchase (HP) financing in accordance with Al Ijarah Thumma Al-Bai (AITAB). This financing package is only available in Peninsular Malaysia. Murabahah fi