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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 the RM154.33 loss […]
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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 every petrol station […]
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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 vehicles at the […]
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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 come in 2 […]
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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 Chong Motors’ strategy […]
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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 house because the […]
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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 technical training centre, […]
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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, that’s all I […]
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2006 Honda Civic launching on 9th March 2006
It’s coming soon to the Malaysian market! Honda has set up a teaser site for the 2006 Honda Civic over here. There are some teaser images there, but I suppose all of you know how […]
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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 of management control […]
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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 questions were mainly […]
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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 buy the company […]
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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 joint-venture involving an […]
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Volkswagen appoints AutoStadt as sole importer
Volkswagen Group Malaysia Sdn Bhd has appointed AutoStadt Asia Sdn Bhd as the sole importer of Volkswagen cars in the country. Want to know who owns AutoStadt? 499,999 shares are held by a certain Zulkifli […]
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All’s well at Perodua
While the folks at our first national car manufacturer are busy restructuring Team Proton, Perodua is grinning ear to ear at the runaway success of their latest model the Perodua Myvi. The Perodua Myvi has […]