Naza Officially Becomes Exclusive Chevrolet Distributor For Malaysia
Naza is now the official and exclusive distributor of the Chevrolet brand in Malaysia, adding to its stable of franchised brands which includes Kia, Peugeot, Ferrari, Maserati and Brabus. This comes after the recent breakup between DRB-HICOM and General Motors. By the end of the year, Naza is targeting for there to be 18 3S (sales, service and spare …Read More
Proton Talking To Three Companies; Campro Turbo By Early 2011
Proton is in the midst of “intense discussions” with companies that include Volkswagen, Mitsubishi and Renault, says Proton Managing Director Datuk Syed Zainal Abidin Tahir, adding that various types of collaboration on engine platforms and component parts are on the table. But he refused to say more, or name a date for the announcement of …Read More
Hummer Brand Shuts Down After Talks Collapse
The sale of the Hummer brand from General Motors to Sichuan Tengzhong Heavy Industrial Machinery Co. has fallen through, despite the two companies putting pen to paper for the deal which would have been worth USD 150 million (RM 510 million). GM will not pursue new buyers, however, deciding to shut down Hummer for good. GM did not provide any reasons …Read More
Cadillac Brand Officially Back In Europe
After a one-year hiatus, General Motors has announced the return of Cadillac, its flagship luxury brand, to Europe via Cadillac Europe, a newly-formed company responsible for the import, distribution and marketing of selected Cadillac models. The financial crisis which lasted from 2008 to 2009 brought about the collapse of the Kroymans Group, the European distributor of Cadillac, meaning that GM had to …Read More
Toyota Rejects Award For The Prius
Perhaps it is the fear of looking bad in the eye of the public, or perhaps it is down to a genuine sense of regret, but Toyota has rejected an energy efficiency and ecological quality award handed out by the Japanese Government’s Ministry of Economy, Trade and Industry. That award was of course for Toyota Prius, the hybrid vehicle embroiled in …Read More
Honda Recalls 437,000 Vehicles Due To Faulty Airbags
Honda has decided to recall a further 437,000 vehicles due to faulty airbags, adding to a global recall that has lasted 15 months and involved nearly one million vehicles. Of the 437,000, 378,000 vehicles are in the U.S., 41,000 in Canada and 17,000 in Japan, Australia and other Asian countries. According to Honda, the airbag inflator on the …Read More
Toyota Recalls The Prius; UMW Toyota Motor Follows Suit
Toyota has finally decided to recall almost half a million of the Prius and two other hybrid cars over the braking issue. And UMW Toyota Motor is following suit, announcing that there will be a special service campaign from February 12, aimed at fixing the problem for over 60 units of the latest Prius in Malaysia. Globally, a total of 437,000 …Read More
Toyota’s Apology Not Good Enough, Say Japanese Media
In the face of unprecedented events—the massive recall and Toyota Prius’ brake issue, that is—Toyota Motor President and CEO Akio Toyoda made a formal apology in his first public appearance since the media storm started two weeks ago. But, ironically, the Japanese media were critical of their flagship auto company, complaining that the apology was too little, too late—especially so when …Read More
Berjaya Corp Set To Locally-Assemble BYD Auto Models
Berjaya Corporation Bhd has signed a memorandum of understanding (MOU) with BYD Auto Company Ltd, China’s fourth largest automaker by volume, to set up a manufacturing plant in Malaysia, which would eventually be used as a regional hub for the manufacture, assembly and distribution of cars targeted at right-hand drive passenger markets. With the …Read More
Sime Darby Becomes Official Distributor Of Porsche For Malaysia
Sime Darby has signed a Letter of Intent (LOI) with Porsche Asia Pacific, which would see it becoming the sole and exclusive distributor of Porsche cars in Malaysia. Taking over the Porsche franchise from Jaseri Automotive Group, Sime Darby will continue to operate the Porsche Centre Glenmarie, with additional Porsche Centres to be added later on. Needless to say, …Read More
Honda Malaysia Recalls 16,025 Jazz & City Models
Honda Malaysia has announced an official recall for 16,025 units of the first-generation Jazz and the second-generation City models, following three incidents (two in the US and one in South Africa) in which the power window master switch caught fire when exposed to large amounts of water—a real possibility in tropical, rainy Malaysia if the window is left open. 3090 units …Read More
Malaysia Spared From Toyota’s Massive Recall
Akio Toyoda’s worst nightmare is playing out in real life. Toyota USA had to recall 4.2 million cars in November 2009 and 1.1 million more on January 26 due to floor mats that could trap accelerator pedals, potentially causing accidents. To make things worse, a further 2.3 million cars had to be recalled on January 21 for a whole new problem: sticking accelerator …Read More
Hyundai Posts Record Quarterly Profit
Hyundai has posted a record high quarterly operating profit of 837.2 billion won (RM 2.46 billion) for the October-December period, up 44 percent from a year ago. Net profit increased by almost four times to 945.5 billion won (RM 2.78 billion), while sales grew 9.3 percent to 9.65 trillion won (RM 28.4 billion). The excellent results were …Read More
Spyker Saves Saab From Shutdown
Spyker has pulled off the last-minute deal, successfully buying Saab from General Motors for USD 74 million (RM 254 million) in cash and USD 326 million (RM 1.12 billion) in preferred shares. The deal is, however, subject to the approval of a €400 million (RM 1.93 billion) loan from the European Investment Bank, although that is no more than …Read More
Alfa Romeo, Maserati & Abarth Heading For Merger?
Big changes are coming up for Alfa Romeo, the Italian brand famous for producing beautiful cars. According to the Automotive News, Alfa Romeo, Maserati and Abarth, all companies under Fiat SpA, could be heading for a merger. This news follows the appointment of Maserati and Abarth CEO Harald Wester as the head of Alfa Romeo. Wester is tasked with determining the synergies …Read More
Audi To Halt A3 Production Due To Poor Sales
How unpopular is Audi A3? Very, it seems. Audi is suspending production of the A3 for one week starting February 15, requiring over half of the 4500 workers at Audi’s plant in Ingolstadt, Germany to go on leave. Audi would have plenty to worry about if the A3 were a new car. Launched in 2004, the seven-year-old A3’s aging …Read More
Malaysia’s 2009 Car Sales Beat Expectation; 2010 Forecast To Be Record Year
Malaysians have beaten expectations, buying a total of 536,905 vehicle units in 2009 versus the 500,000 units forecast by Malaysian Automotive Association (MAA). The better-than-expected results can be attributed to “the introduction of the Government’s stimulus packages and its decision to liberalise the 27 sub-sectors, the introduction of the auto-scrapping scheme, improved business confidence, increased consumer …Read More
Chrysler-Lancia Merger To Form ‘Full Line-Up’ By Year’s End
Ever since the alliance with Fiat, Chrysler’s survival has been certain, though the same can not be said for its prospects. Speculation are abound with regards to whether Fiat models will be re-badged as Chryslers in the U.S., and vice-versa for the European markets. Not quite, according to Fiat/Chrysler CEO Sergio Marchionne, who confirmed that Chrysler and Lancia, Fiat’s subsidiary company, are likely …Read More
Peugeot Branches In Malaysia To Undergo Re-Branding Exercise
Nasim Sdn Bhd, the sole and official distributor of Peugeot vehicles in Malaysia, will carry out a re-branding exercise at all of its branches and dealers nationwide, following Peugeot’s unveiling of a new global brand identity which brought with it a new logo. The exercise is expected to take till year’s end. “The re-branding exercise will take …Read More
China Displaces U.S. As World’s Largest Automotive Market
For the first time in history, China has overtaken the U.S. as the largest automotive market in the world in 2009, a year of global recession it must be added. Thanks to a series of government incentives announced to encourage vehicle sales, 13.6 million vehicles were sold in 2009, representing a 45 percent year-on-year growth, according to the China Passenger Car …Read More
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2011 Toyota Vios Mid-life Facelift Launched In Thailand
The 2011 mid-life facelifted Toyota Vios has been officially launched for the Thai market. Changes are mainly for ...
All-New Saab 9-1 Rendered & Speculated
With Spyker successfully buying over Saab, Victor Muller, CEO of Spyker Cars, is focusing on creating a new ...
Geneva Motor Show: Carlsson C25
Remember the Carlsson C25, the limited-edition supercar based on Mercedes-Benz CL-Class? It looks great in rendering, but not ...
Toyota FT-86 New Photos Released
With no Toyota sports car on the market for some time now, the automotive scene was of course ...
Geneva Motor Show: Lamborghini Gallardo LP570-4 Superleggera
Following the success of the last-generation Lamborghini Gallardo Superleggera, the lightweight, stripped-down version of the new Gallardo LP560-4 ...
Geneva Motor Show: 2011 Audi RS5
Nowadays, it is common for automakers to “leak” official photos or information, just before the unveiling of their ...
Geneva Motor Show: 2011 All-New Volkswagen Touareg
The 2011 all-new Volkswagen Touareg has been officially unveiled at the Geneva Motor Show. It is said to ...
Naza Officially Becomes Exclusive Chevrolet Distributor For Malaysia
Naza is now the official and exclusive distributor of the Chevrolet brand in Malaysia, adding to its stable ...
Geneva Motor Show: 2011 MINI Countryman
The 2011 MINI Countryman, the biggest MINI ever, has been unveiled at the Geneva Motor Show. Countryman has ...