toyota capital

Toyota takes 5 percent stake in Suzuki, forms new capital alliance

Toyota takes 4.94 percent of Suzuki Suzuki acquires 0.2 percent of Toyota Suzuki to gain Toyota’s hybrid tech while Toyota gains Suzuki’s engine for compact cars, plus expertise in India Following a joint announcement by Toyota and Suzuki earlier in March, both companies have confirmed today that they will form a capital alliance. The deal, still subject to approval by the respective countries’ competition authorities, will see Toyota acquiring 4.94 percent of Suzuki via the purchase of 24 milli


Aug 28, 2019

Believe it or not, this is a Toyota Innova

Here in Malaysia, or even anywhere else in South East Asia, we don’t think very highly of the Toyota Innova. Malaysians in particular can’t get over the fact that it rides on the same underpinnings as a rudimentary Toyota Hilux pick-up truck. Tough and good for carrying loads yes, but not for refinement. Over in Indonesia, theToyota Innova is very popular. It’s seen as a step up from the Toyota Avanza, the default car for Indonesia, similar to our Perodua Myvi. Still, Indonesians don’t see it as


Apr 1, 2020

Nak langgan Toyota serendah RM 1,678 sebulan? Anda boleh dengan pelan Kinto One!

Kinto One ialah pelan langganan kenderaan lengkap menyeluruh dengan ansuran bulanan tetap yang terkenal di seluruh dunia termasuk Amerika Utara dan Selatan, Asia, serta di Eropah. Kini ia ditawarkan untuk pasaran Malaysia. Diperkenalkan di bawah label Kinto One oleh Toyota Capital Malaysia, ia menawarkan medium baru kepada pelanggan untuk memiliki dan memandu kenderaan tanpa perlu terbeban dengan kaedah pembelian sewa-beli kenderaan secara tradisional sebelum ini. Ansuran bulanan tetap berkenaan

Zamil SyaheerZamil Syaheer

Jan 18, 2021

UMW memperkenalkan pembiayaan Lexus Next Step – Lexus UX serendah RM 1,938/bulan!

UMW Toyota Motor hari ini memperkenalkan "Lexus Next Step" untuk anda yang berminat dengan Lexus UX. Dihasilkan oleh Lexus Capital Services, Lexus Next Step memberikan kemudahan pembiayaan yang lebih fleksibel terhadap pelanggan yang ingin memiliki Lexus UX. Anda kini boleh membawa pulang Lexus UX varian Urban dengan hanya serendah RM 1,938/bulan. Untuk anda yang berminat, pembiayaan Lexus Next Step juga merangkumi varian Luxury dan F Sport. Harga yang termaktub adalah tanpa insurans dan termasu


Jan 13, 2021

Wapcar Weekly News Round-up

31 August - 6 September 2019 Fuel Price Update: RON97 1 Sen Down Mercedes-Benz Malaysia Commemorates 15 Years Of Production At Pekan Plant Mercedes-Benz Malaysia has commemorated 15 years of production at its local production facility in Pekan, Pahang. Further adding to the historic milestone is the roll-out of the 100,000th vehicle from the Pekan facility. Mercedes-Benz Malaysia has also started production of left-hand drive vehicles for the Philippines market. More on: Mercedes-Benz Malaysia C


Sep 1, 2019

WapCar Morning Insiders (Oct. 8, 2019)

Today is Tuesday, October. 8 local News There will be no Immediate toll abolition According to the Prime Minister Tun Dr Mahathir Mohamad, the immediate abolition of toll cannot be carried out as it requires purchases to be made by the government. “But we may be able to afford reduced toll rates. If anyone from the private sector has suggestions to reduce toll, these can be considered,” he said in a statement today. The price of RON95 will be floated gradually from January 2020 Domestic Trade an


Oct 8, 2019

Five launched in Malaysia: AI-powered petrol stations with Petronas-sourced fuels

Five Petroleum Malaysia Sdn Bhd (Five) is a new Malaysian petrol station brand that was just launched earlier today through their Facebook page, Five Petroleum Malaysia. Five's launch was officiated by the Minister of Domestic Trade and Consumer Affairs, Dato' Sri Alexander Nanta Linggi. Among other things, Five aims to extend enterprise opportunities to new entrepreneurs by offering smaller and easier station setups. This could mean a lower barrier of entry due to potentially reduced capital, a


Oct 16, 2020

Delhi gov instructs 5% parking allocation for EVs, buildings to comply by end of year

To encourage the adoption of electric vehicles, Delhi Power Minister Satyendar Jain has directed buildings in the Indian Capital to reserve 5% of parking space for electric cars. The reserved EV parking spots are also required to have suitable slow EV chargers, and the instruction is only for buildings with parking capacities of more than 100 vehicles. To speed up the process, a Rs. 6,000 (RM340) subsidy is given for every charging point installed. The deadline for buildings to comply with the n


Mar 17, 2021

Hideyuki Miyakawa – Japan’s secret agent of car design you never heard of

The early days of the car industry was dictated by Europe and America. Germany invented the combustion engine and the automobile, Italy made the best bodies, while USA pioneered mass production and market segmentation. Although Nissan, Toyota, Mitsubishi, and Isuzu – the earliest of Japanese manufacturers - traced their history back to the 1930s, Japan didn’t enter the automotive industry in a big way until the ‘60s. Intervention by the Japanese military government prior to World War 2 had force


May 31, 2020

Goodbye Proton Ertiga, the budget MPV many forgot existed

The Proton Ertiga is no more as Proton has dropped the model from its line-up. The last Proton Ertiga rolled off Proton’s Tanjung Malim plant in May, with saw only 31 units assembled, including 4 units with manual transmission. These 31 units languished for a few more months at dealers, but the last unit should have been sold by the time you read this. It was a quiet and somewhat dismal end to Proton’s much-hyped but short-lived partnership with Suzuki. In total, Proton assembled just 148 units


Sep 6, 2019

Nissan-Honda merger proposal fizzled before discussions even started

According to a report from the Financial Times, the Japanese government have tried to propose a merger between Nissan Motor Co. and Honda Motor Co. The merger was proposed due to the government’s growing concern over the future of Nissan following the growing rift in the weakening Renault Nissan Alliance, as well as disruptions posed by electric and driverless cars. Unfortunately, the idea has since fizzled as both companies had immediately rejected the idea. Concern for Japan’s once mighty car


Aug 18, 2020

Looking for a Lexus UX? Get one from RM 1,938 with this financial plan!

Lexus is a brand that's about pursuing perfection but with Lexus Malaysia’s Next Step financial plan, you can afford to own a brand-new Lexus UX from as low as RM 1,938 a month. The Lexus Next Step is an innovative and affordable customisable financial solution by Lexus Capital Services. Under this initiative, customers can enjoy slightly lower monthly installments compared to standard hire purchase loans. As such, purchases made through the Lexus Next Step plan also includes the standard five-y

CY FoongCY Foong

Jan 13, 2021

Carsome appoints new CEO to spearhead Carsome Certified

Carsome recently appointed Mei Han as the Chief Executive Officer (CEO) of Carsome Certified, the business-to-consumer (B2C) arm of Carsome’s offerings. This appointment comes as Carsome looks to expand Carsome Certified in Southeast Asia, as part of the Carsome’s natural growth progression. Prior to this, Mei was Director of Platform Strategy in Carsome, responsible for product development and business intelligence. Moreover, he has been in the automotive industry for more than a decade. Mei al


Mar 19, 2021

Turbo producer Garrett powers down as it files for bankruptcy

Fans of turbocharged engines, please pour out a little motor oil for our fallen hero as legendary turbocharger manufacturer, Garrett Motion Incorporated has filed for chapter 11 bankruptcy. It has nothing to do with the popcorn brand of the same name. The reasons for this sad turn of events were due to a combination of plunging sales and the additional financial burden that was brought on after Garrett became independent from longtime parent company, Honeywell International. According to an arti

CY FoongCY Foong

Sep 23, 2020

Owning a Lexus UX is easy with Lexus Next Step Plan!

Want a taste of the famed Lexus ownership experience? Perhaps you thought it would be unattainable financially? If you, like me, always adored the Lexus UX and wanted to own one, well, it just got harder to say no. Introducing the Lexus Next Step Plan. What is Lexus Next Step Plan? Lexus Next Step Plan is a financing facility tailored by Lexus Capital Services to give you peace of mind when purchasing a Lexus UX. It affords you more financial flexibility compared to traditional hire purchase loa


Feb 23, 2021

Perodua holds its first-ever Body & Paint skill contest

Perodua has successfully held its first-ever Body & Paint (B&P) Skill Contest in a move to step up its human capital development efforts and provide higher standards of B&P service to its customers. Established in 2009, Perodua’s B&P business deals with the repair and restoration of vehicles that have been involved in collisions. “Our B&P business aims to take much of the hassle away from the repair of collision-involved vehicles, with work carried out to the highest possible standards of qualit


Jul 23, 2019

Proton Saga dilancarkan di Nepal, harga bermula RM 123k!

Proton Saga Proton Saga baru sahaja dilancarkan di Nepal dengan harga bermula RM 123k untuk varian rendah. Ya, model kegemaran rakyat Malaysia ini berharga 4 kali ganda mahal apabila dibawa ke Nepal. Setelah dilancarkan di Kenya dan Mesir, Proton memilih Nepal untuk menjual model pengenalan ini. Model Proton di sana diedarkan secara rasmi oleh Jagdamba Motors Pvt. Ltd dan Proton Saga adalah model Proton pertama yang dilancarkan di sana. Terdapat dua varian yang tersedia untuk Proton Saga spesifi


Jan 14, 2021

From RM 123k, Nepal debuts the most expensive Proton Saga!

The Proton Saga is a humble, affordable car in Malaysia but can you imagine spending around RM 123k for one? It might sound hard to believe but that’s the price of a base-spec Saga after conversion in Nepal. After launching in Kenya and Egypt, the next stop for the entry-level Proton model is the hilly Himalayan terrain of Nepal. Proton cars are distributed by Jagdamba Motors Pvt. Ltd and the Saga is the first Proton model to be launched there. There are two variants available for the Nepal-spec

CY FoongCY Foong

Jan 14, 2021

Daimler AG to be no more, splitting Mercedes-Benz and Daimler Truck to win EV race

The familiar Daimler AG, one of the world’s most influential car company and owner of the famed three-pointed star logo and Mercedes-Benz marque, will soon undergo a massive restructuring that will see the company broken into the two smaller, nimbler companies – one for Mercedes-Benz luxury cars (and commercial vans), and another for heavy duty Mercedes-Benz trucks and buses. The company announced yesterday that Daimler Truck AG will be spun off as an independent company and will be floated on t


Feb 4, 2021

Are you old enough to remember these Proton logos?

Our national car brand Proton has gone through a series of logo changes since the launch of the Proton Saga in 1985. These practices are normal in the automotive industry, usually keep the brand fresh and relevant. Recall that both BMW and Volkswagen had also announced their new logos recently. 1985 – The Malaysian star and crest The first Proton Saga wore a motif that can be found on our Malaysian flag, representing the Proton as Malaysia’s national pride. What made the first Proton logo truly

Zamil SyaheerZamil Syaheer

May 25, 2020

Malaysia now classified as a risky investment destination by some manufacturers

The recently announced 2020 National Automotive Policy (NAP) and recent changes in the government are not sitting well with car manufacturers operating in Malaysia. “It’s a bit unsettling. Less than a week after announcing an auto policy that doesn’t say anything meaningful, the prime minister is stepping down?,” said an executive at a German automotive brand. However, the executive remained optimistic about the mid-term prospects of Malaysia, and sees the current episode merely as a speed bump


Feb 24, 2020

Better Mitsubishi products for Malaysia as MMC doubles down focus on ASEAN?

As a company, Mitsubishi Motors Corporation (MMC) have seen better days. Yes, the company still enjoys a strong market presence, especially in 4x4s and it’s still the only brand that’s in a position to challenge the Toyota Hilux's dominance, but it’s safe to say that company have long passed its peak. More than 100 ago, Mitsubishi Motors’ predecessor, the Mitsubishi zaibatsu conglomerate built Japan’s first series production car – the Model A, which was a copy of the Fiat Tipo 3. At its peak, th


Jun 28, 2020

Toyota C-HR digugurkan dari laman web Toyota, Toyota Corolla Cross menyusul?

Toyota C-HR Toyota Malaysia dalam diam sudah pun menggugurkan model Toyota C-HR dari laman web rasmi mereka. SUV dengan pesaing terdekat seperti Honda HR-V dan Subaru XV itu dijangka akan digantikan dengan model baharu, Toyota Corolla Cross. Nasib yang lebih baik mungkin menyebelahi Toyota Corolla Cross kerana ia telah dirancang sebagai model pemasangan CKD. Pemasangan akan dilakukan oleh kilang kedua anak syarikat UMW Toyota iaitu Assembly Services Sdn. Bhd. (ASSB) di Bukit Raja, Shah Alam. Sta


Dec 23, 2020

Toyota Yaris dan Toyota Vios dominasi pasaran segmen B bantu penjualan Toyota bulan Oktober!

Toyota Yaris Toyota Vios UMW mengumumkan bahawa anak syarikat mereka UMW Toyota Malaysia telah berjaya menjual sebanyak 6,468 unit kenderaan pada bulan Oktober, meningkat 15.4% daripada 5,605 unit yang dijual pada bulan September. Dalam sebuah pengumuman dari pihak mereka, penjualan kenderaan yang tinggi ini dipacu oleh bantuan pengecualian cukai jualan untuk kenderaan yang diumumkan. Kenyataan tersebut turut menjelaskan bahawa penyumbang utama penjualan pada bulan Oktober adalah Toyota Vios, To


Nov 4, 2020

Toyota Malaysia introduces unique Toyota Service Savers package

Regular service is part and parcel of car ownership, UMW Toyota (UMWT) aims to make servicing Toyota cars easier with the introduction of the Toyota Service Savers package. Toyota Service Savers (TSS) is a maintenance package that new Toyota owners can opt to purchase when they collect their new cars. UMWT has also made the package part of the Toyota EZ Beli Plan as an option. The TSS package covers all costs of the service in advance for the first 5 years from the time of purchase. This means a


Aug 4, 2020

Toyota Harrier, premium Toyota without the Lexus badge

(2019 Toyota Harrier Price & Specs | Gallery) The Toyota Harrier is a well-known name amongst Malaysians, as the model has long established itself as a premium crossover with solid Japanese reliability. But despite its long history in Malaysia, the model was never offered as an official Toyota product in Malaysia – instead it was sold by recon dealers. That soon changed with the third-generation model, as Toyota Malaysia finally realized the popularity of the Harrier in Malaysia, and brought the


Dec 17, 2019

Toyota Malaysia memanggil semula pemilik Toyota Fortuner dan Hilux?

UMW Toyota Motor hari ini melancarkan Special Service Campaign (SSC) yang melibatkan pemilik Toyota Fortuner dan Toyota Hilux. Pemanggilan semula ini adalah untuk memeriksa dan mengganti penguat brek (brake booster). Komponen injap brek di dalam booster ini boleh mengurangkan prestasi pemberhentian kenderaan. Menurut UMW, sebanyak 1,426 unit Toyota Fortuner dan 11,571 unit Toyota Hilux terlibat di dalam pemanggilan ini. Walau bagaimanapun, unit yang terkesan adalah keluaran dari Julai 2018 hingg


Dec 2, 2020

Is the Toyota Avanza a Toyota or a Daihatsu?

We all know the Toyota Avanza. The strangely proportioned 7-seater MPV that has the ground clearance of an SUV. While opinions are split between the car’s look, there was no denying that it was a helpful workhorse whether you’re ferrying workers or family around. Those on the elderly side also love the height clearance as it means easier ingress and egress! If you’re a very observant person, you would notice that according to the Avanza’s VIN plate, the car is made in Indonesia by PT. Astra Daih


Dec 18, 2019

The Bangkok-licious babes of the 2021 Bangkok Motor Show

Though the Bangkok Motor Show is clearly focused on the cars, there are other eye candies that attempt to vie for your attention and it’s the beautiful models that pose next to their four-wheeled or two-wheeled counterparts. This year’s motor show (BIMS 2021) is no exception when it comes to showcasing the best babes in the capital. Oh, you thought we’ll be talking about cars here? We’ll let the photos speak for themselves courtesy of our friends at AutoFun TH who also shared some of the models’

CY FoongCY Foong

Mar 27, 2021

Toyota files patent for BZ name – next Toyota 86?

Toyota has been quite busy these few months coming off the launch of the Corolla Cross, the refreshed Hilux, and the Yaris Cross. There seems to be nothing stopping the Japanese giant and the world’s largest automotive company. According to Indonesia’s Autonetmagz, Toyota has filed a trademark for a brand-new model name called the BZ. The trademark has been filed through the US Patent Office on 22 May 2020. What does this mean? The BZ name isn’t new to Toyota though. It was used in a few variant

CY FoongCY Foong

Jul 28, 2020