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  Suzuki Motors may take control of Malaysian business

  21 September 2006 / 26 comments

  Suzuki Motors may establish it’s presence here in Malaysia officially, as part of it’s plans to take control of the marketing and strategic direction of the Suzuki business here. This would give Suzuki control over […]

   

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  GM and DRB-HICOM sign stake transfer MoU

  20 September 2006 / 15 comments

  Previously, there was news of a potential 51% acquisition of stake in Chevrolet distributor Hicomobil by General Motors, who owns the Chevrolet marque. DRB-HICOM dispelled these rumours by saying there is no official proposal yet. […]

   

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  Inokom Getz 1.4 later this month

  20 September 2006 / 29 comments

  Inokom will be launching it’s locally assembled version of the new facelift Hyundai Getz – to be called the Inokom Getz later this month, which will come in 1 variant – the Getz 1.4 litre […]

   

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  Proton and PSA Peugeot Citroen sign letter of intent

  18 September 2006 / 55 comments

  After rumours of talks between PSA Peugeot Citroen and Proton surfaced back in May 2006, we can finally see some results with Proton and Peugeot having signed a letter of intent in France to study […]

   

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  UMW Toyota facing difficulties exporting Hiace

  16 September 2006 / 26 comments

  Thailand’s reluctance to reduce duties for incoming Malaysian cars to the AFTA CEPT tax rate of 5% is making it difficult for UMW Toyota Motor Sdn Bhd to export it’s locally assembled Toyota Hiace vans […]

   

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  Volkswagen Malaysia appoints 3 dealers

  11 September 2006 / 53 comments

  Volkswagen Group Malaysia Sdn Bh has named the first three dealers that will sell fully imported CBU Volkswagen cars in Malaysia. The companies are Wearnes Automotive Sdn Bhd, More Cars Sdn Bhd and VW Cars […]

   

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  More barriers for us to get car loans

  10 September 2006 / 49 comments

  We will now find it harder to get our car loans approved, following measures taken by banks beginning two months ago which includes checking the applicant’s credit ratings with 3 different sources before considering approval. […]

   

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  BMW Art Car Tour – Sep 14 to Oct 22 2006

  9 September 2006 / 11 comments

  The BMW Group will be exhibiting it’s 4 BMW Art Cars in Asia, and the BMW Art Car Tour‘s first stop will be Malaysia. The BMW Art Car Collection was conceived by French race car […]

   

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  Proton Post-AGM Progress Updates

  9 September 2006 / 27 comments

  Domestic Sales Proton’s domestic car sales are up by 17.5% in August – 11,786 units – compared to the 10,018 units in July, which was in turn 21% higher compared to the 8,328 units sold […]

   

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  Malaysia to get locally assembled S-class next year

  8 September 2006 / 28 comments

  DaimlerChrysler Malaysia Sdn Bhd (DCM) will start selling CKD versions of the Mercedes Benz S-class luxury sedan beginning February 2007. So far it’s assembly plant in Pekan, Pahang has already produced 25 units of the […]

   

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  Traffic offence fine reduction postponed

  6 September 2006 / 51 comments

  Yesterday, the traffic police lowered fines for traffic offences by amounts between 15% to 75%, to help with the rakyat’s rising cost of living due to rising oil prices. The reduction in rates applied to […]

   

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  Naza, DRB-HICOM to buy Proton?

  4 September 2006 / 50 comments

  MalaysiaKini quotes financial weekly The Edge in reporting two proposals to buy over government investment arm Khazanah Nasional’s 42.7 percent stake in Proton. These proposals are said to be from Naza and DRB-HICOM. MalaysiaKini’s article […]

   

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  Perodua to enter used car market

  4 September 2006 / 21 comments

  Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is set to follow Toyota’s footsteps with TopMark and venture into the used-car business in a year’s time. Perodua Managing Director Syed Hafiz Syed Abu Bakar says Perodua has […]

   

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  Proton says Indonesian plant not for sale!

  2 September 2006 / 23 comments

  Proton has clarified that it’s US$24 million Cikarang plant in Jakarta is not for sale. Proton Managing Director Syed Zainal Abidin Syed Mohamed Tahir said The Jakarta Post’s report is inaccurate, and Proton plans to […]

   

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  Assorted Proton announcements

  1 September 2006 / 29 comments

  Proton has made a few announcements today, let me go through them one by one. They’re mostly to do with memorandum of understanding and intent signed with other companies. Proton reports that the Memorandum of […]

   

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