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Nissan president and CEO Makoto Uchida has met his Honda counterpart Toshihiro Mibe to call off merger talks after Honda proposed making Nissan a subsidiary, a source told Reuters. Rumours surrounding the two carmakers merging […]
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Mitsubishi slashes FY2024 net profit forecast by 76% due to poor sales, increased competition
Mitsubishi may think it could be better off not joining the potentially sinking ship that is the Honda-Nissan merger, but it’s not doing so well on its own. The company has just slashed its net […]
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Aston Martin Valkyrie to enter Le Mans, IMSA this year with ICE V12 engine – only road car derived entry
The Aston Martin Valkyrie first emerged as an electrically assisted 6.5 litre, naturally aspirated V12 hybrid mid-engined halo model that has been co-developed with Red Bull Advanced Technologies. For those who preferred even more motorsport […]
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China responds to Trump’s tariffs with 10% tax on large-displacement cars, pick-up trucks from the US
Following US president Donald Trump’s decision to impose tariffs on imports from China (as well as Canada and Mexico), the Chinese government has responded in kind by announcing a broad package of economic measures targeting […]
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Volkswagen announces new entry-level EV – concept in March, production version in 2027; around RM92k
The Volkswagen Future Plan is how the German carmaker aims to increase its competitiveness and improve revenue. Announced on Wednesday, the most important part of the ambitious plan is the introduction of a future entry-level […]
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Nissan calls off RM265 billion merger talks with Honda
Nissan will reportedly call off talks for a merger with Honda as the two Japanese carmakers could not reach a consensus on the terms of the merger deal, Reuters wrote citing a Nikkei report. Honda […]
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Ferrari EV reveal on October 9, will be “unique” in style, performance; 5 more models planned for 2025
It would have seemed sacrilegious only a few short years ago, but Ferrari is – shock, horror! – making an electric vehicle. That much had been known for some time, but the company has now […]
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Toyota signs carbon neutrality partnership agreement with Shanghai for new Lexus EV; production from 2027
Lexus RZ in Malaysia Toyota has announced that it will be signing a comprehensive partnership agreement with the Shanghai municipal government in China for carbon neutrality, and to that end the Japanese manufacturer will establish […]
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Honda, Nissan postpone merger details to mid-Feb
The proposed merger between Honda and Nissan isn’t going quite as smoothly as planned. Both firms announced on Friday that they will only release details of their plans – originally slated to be revealed at […]
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Toyota GR Corolla facelift in Japan – 6MT and 8AT, exclusive Circuit Mode with anti-lag, from RM163k
Toyota may be Japanese, but it’s taken a surprisingly long time to bring the facelifted GR Corolla to its home country. The refreshed über hatch only just made its debut there today, meaning that this […]
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Norway nears 100% EV goal, could be first in the world
Almost 96% of new cars registered in Norway in January were fully-electric (EV), reports AFP. According to the Norwegian Road Federation (OFV), 8,954 of the 9,343 new cars sold last month were zero-emission vehicles, and […]
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Aston Martin to keep making V12 engines until 2030; manual transmission coming back – EV in next decade
Aston Martin is aiming to launch its first fully electric vehicle by 2030, reported Autocar. According to Aston Martin CEO Adrian Hallmark, the brand’s first EV will arrive by then, and hybrid versions of its […]
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Xiaomi YU7 AWD set to get up to 760 km CLTC range
The drip feed of Xiaomi YU7 news continues ahead of its launch in either June or July this year. The car was revealed in December, and a recent filing with China’s ministry of industry and […]
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GWM to launch new luxury brand – Confidence Auto
Everybody wants to go upmarket, it seems, likely pushed there by intensifying competition in the volume segments and the ensuing price war. Now Great Wall Motor (GWM) wants a piece of that caviar pie too, […]
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Audi changes naming convention for models again, reverting to e-tron for EV, TFSI for petrol, TDI for diesel
What’s in a name? Some confusion, apparently – Audi has decided to revert to its previous, long-standing model naming convention, just two years after it had changed its naming strategy to use even numbers for […]