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

The current import and excise tax exemptions for battery electric vehicles (battery EVs) is set to expire by 31-December 2023. The Malaysia Automotive Association (MAA) is of the opinion that the exemption period, which was announced in Budget 2022, is too short to see any meaningful investments into EVs. “We seek extension of full import and excise tax exemption for CBU EVs while the market is preparing for the growth of EVs in Malaysia. We hope there will be incentives for up to 10 years,” sai

Yes we know the 2022 Kia EV6 has already been launched, and yes we love it, but unlike other cars on sale, the unit you're looking at here is your only chance at getting up close and personal with this snazzy new EV. Why? Well simply because the first shipment of EV6s has all been spoken for, and will be delivered to customers starting in Q3 of 2022. The EV6 is not even available in Kia showrooms, and thus your best chance of viewing it is at the WapCar Auto Show 2022. To recap, the recently lau

Dinamikjaya Motors, the subsidiary of Bermaz Auto and official distributor of Kia vehicles in Malaysia hosted its first public preview of the Kia EV6 today at the Glenmarie Golf & Country Club. The preview is in conjunction with the PGM Kia Championship golf tournament. The battery electric Kia SUV is a sister-car of Hyundai’s Ioniq 5, riding on the same E-GMP battery electric drive-only platform. The display car is a right-hand drive model, so it’s likely to be very close to the forthcoming Mal

It’s going to be an electrifying time on the road for the first 11 customers that put money down on the futuristic-looking Hyundai Ioniq 5 as Hyundai-Sime Darby Motors (HSDM) commenced with the first batch of deliveries for the Crossover Utility Vehicle (CUV) at their Ara Damansara showroom. In addition to receiving their new vehicles, the first 11 Ioniq 5 customers were also provided a complimentary one-year membership with chargEV; sponsored by Yinson GreenTech. chargEV is a leading provider o

Mercedes-Benz Thailand has just announced today that it will be launching its first ever all-electric Mercedes-Benz EQS in 2022. The EQS will be locally-assembled (CKD) in Thailand, and will be powered by 107.8 kWh batteries made at the Thonburi Energy Storage Systems (TESM) plant in Bangkok. The EQS is commonly referred to as an electric S-Class, but actually it’s positioned slightly below the S-Class, which will remain as Mercedes-Benz’s flagship sedan, at least for now. When it goes on sale i