Home / Local News (Page 1431)

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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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  Budget 2007 for the automotive industry

  1 September 2006 / 30 comments

  All of us have at least some reason to be glad with the new Budget 2007. The absurd idea of scrapping motor vehicles above 10/15 years of age was not implemented in the budget, not […]

   

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  Proton back in red, puts Indonesian plant on sale

  1 September 2006 / 56 comments

  Proton Holdings Bhd is back in the red again, with a Q1 2006 loss of RM58.65 million on RM1.42 billion revenue, higher than the corresponding quarter last year, where Q1 2005 losses were RM12.35 million […]

   

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  Inokom to assemble Hyundai Mighty

  1 September 2006 / 6 comments

  Sime Darby Bhd unit Inokom Corp Sdn Bhd will be investing a total sum of RM 10 million on a new assembly line for the Hyundai Mighty, Hyundai’s best selling commercial vehicle. The 5 tonne […]

   

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  Car scrapping policy – 15 years?

  31 August 2006 / 91 comments

  I am driving a 1984 Nissan Sunny 130Y. The original engine was a single overhead cam carburetted 8 valve 1.3 litre engine called the E13. It made about 65 horsepower. It still runs very well […]

   

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  Volkswagen and EON close to dealership deal

  29 August 2006 / 20 comments

  Volkswagen and Edaran Otomobil Nasional Berhad (EON) are said to be close to signing off a dealership deal for the distribution of Volkswagen cars in Malaysia by the latter company. EON had originally been in […]

   

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  Proton in talks for Thai distribution

  25 August 2006 / 111 comments

  Proton is in talks with a major Thai car distributorship for the distribution of Proton cars in Thailand, with black and white set to be signed before 2006 is up. This distributor is said to […]

   

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