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Local News · Page 1196

Cars

Geely Freedom Cruiser assembled in Malaysia

Zhejiang Geely Automotive Company is China's biggest privately-owned automaker and specialises in making budget cars for first-time buyers like it's 1.3 litre Geely Merrie which looks like a mutated Mercedes Benz and …

Cars

Naza and KIA sign MoU for training centre

Naza Kia Academy Sdn Bhd and Kia Motors Corp signed a memorandum of understanding last Friday to make Naza's RM 21 million academy one of Kia's overseas training centres. The Naza Kia …

Cars

MV Agusta stake sale complete

A statement has been given by Proton Berhad regarding the completion of the sale of it's stake in MV Agusta SpA to Gevi SpA on 1st March 2006. As of 1st March …

Cars

Mercedes Benz popular among youth

Hmm. According to Naza Group head honcho Tan Sri Nasimudin S.M. Amin, Mercedes Benz is now getting popular with youths as young as 22 years old, especially the C and A class …

Cars

Perodua targets 27 percent market share

Perodua aims to increase it's automotive market share to 27 percent from the 25.3 percent it achieved in 2005. The latest Perodua Myvi waiting list statistics - 90,000 bookings so far, 45,000 …

Cars

Proton Updates: Q3 Profitable

Proton Holdings Bhd reported a net profit of RM86.51 million in Q3 which ended on December 31 2005, thanks to higher car sales and lower debt provisions. This is good, compared to …

Cars

Petrol prices up – RM1.92 for RON97

I got a news flash from The Star's SMS alert regarding a petrol price hike effective from Tuesday onwards, which is tomorrow. The journey home was pretty jam packed, with queues at …

Cars

Recycled APs used to import vehicles

New scandal related to Approved Permits! The Royal Customs Department has uncovered 105 luxury cars worth nearly RM50 million which were imported using "recycled" APs while doing a routing inspection of 142 …

Cars

UMW Toyota to release new model in 2 months

UMW Toyota managing director David Chen said in an interview that Toyota would be introducing several new models this year. They will be CBU units as previously reported, and the first will …

Cars

Tan Chong’s plans for Nissan in 2006

Edaran Tan Chong Motor Sdn Bhd's plans for 2006 includes introducing new models - the Nissan Teana luxury sedan and the Nissan Murano luxury crossover SUV. This is part of Edaran Tan …

Cars

UMW Holdings profits up 67 percent

It's been a good year indeed for UMW Holdings Bhd. Have you seen the Toyota Avanza advertisement with the little boy fully decked out in beach gear but standing sadly outside the …

Cars

Naza KIA Academy Overseas Training Centre

The Naza KIA Academy in Gurun, Kedah is a 20 million ringgit joint-venture investment by Naza KIA Sdn Bhd and Naza Automotive Manufacturing Sdn Bhd. The Naza KIA Academy has a basic …

Cars

AP Policy Unchanged; Tun Dr. M disappointed

Tun Dr. Mahathir Mohamad expressed his disappointment on the AP policy due to the fact that no change had been made although several abuses in it's issuance has been exposed. "I'm disappointed, …

Cars

PM’s comments on Proton

The last we heard our Prime Minister Abdullah Ahmad Badawi say anything about Proton at all was back in October when he said Proton would sell stake to Volkswagen AG. The issue …

Cars

DAP questions Proton

The Democratic Action Party (DAP) secretary general Lim Guan Eng handed over a 20-question memorandum over to Proton corporate communications head Yusri Yusof on Friday at Proton's HQ in Shah Alam. The …

Cars

Proton not selling Lotus

Proton managing director Syed Zainal Abidin Syed Mohd Tahir has stated Proton is not selling the British sports car manufacturer Lotus, in reply to Tengku Mahaleel and Tun Dr. Mahathir's offer to …

Cars

Volkswagen to supply 3 models to Proton

After a failed partnership with Volkswagen AG, Proton signed an agreement on the 28th of January indicating that the two companies will collaborate on certain projects but abandoning any possibilities of a …