Vietnam’s trade ministry announced yesterday that China’s Chery has signed a joint venture agreement with Vietnamese company Geleximco to build a USD 800 million (~RM 3.8 billion) plant to manufacture electric vehicles. The plant will be costal province of Thai Binh, and will produce battery EVs (BEVs) for Chery’s Omoda and Jaecoo brands. Phase one of the plant’s construction will be completed by Q1 2026. The Omoda 5 EV is already on sale in neighbouring Thailand as the Omoda C5 EV. The upscale

In response to the burgeoning demand in the used car market, Honda Malaysia is expanding their Honda Certified Used Car (HCUC) network, setting up an additional 32 sales hubs nationwide. This significant expansion aims to meet the increasing number of customers seeking pre-owned Honda vehicles or looking to trade in their current ones. HCUC services are available in the company's showrooms across the country since 2022. Vehicles under the HCUC banner have been given a comprehensive 288-point ins

Customers of the Japan-market 2024 Honda WR-V, which is set to go on sale in the country beginning 22-March 2024, will be facing long wait times stretching up to eight months, reports portal Creative311. The eight-month timeline is across all variants of the WR-V, though the site also says that it could stretch up to 1 year, owing to a 'perfect storm' of situations that the model finds itself in. The good news is most of the interest comes from customers who previously looked at the Toyota Raize

Chery is on track to make its return to Malaysia by the second half of 2023. The brand will be re-launched here with two SUV models – the Chery Tiggo 8 Pro and Chery Omoda 5. Both models will be locally assembled (CKD), so prices are expected to be competitive against equivalent Toyota, Honda, and Mazda models. The identity of the Malaysian assembly partner has not been revealed but Chery has previously said that the plant will have a 30,000 units per year capacity. Also read: Chery confirms 30k

UMW Toyota Motor (UMWT) is set to introduce a new model in Malaysia on 27-September 2021. Though the exact model is still a mystery, there are some key words in the press release that lean it to be a hybrid. Toyota's press release reads, "Stepping into tomorrow today, this journey ahead promises greater excitement, silence, harmony, energy, endurance and power, an experience that will inevitably become a life changing one." “At the risk of not revealing too much, let me just say we will be makin

The Toyota Corolla Cross is the all-new SUV rivalling the likes of the Honda HR-V, Subaru XV, Mazda CX-30, and even the Proton X70. The Corolla Cross comes in two variants, the Corolla Cross 1.8 G and the Corolla Cross 1.8 V. The former starts at a price of RM 124,000 and the latter at RM 134,000. How much money to put aside for a Toyota Corolla Cross? This depends on what variant you opt for and how the parameters of the financing service (amount, tenure, and interest). To keep things simple, w