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China tells carmakers to pause investment in EU countries backing EV tariffs, sources say

China tells carmakers to pause investment in EU countries backing EV tariffs, sources say

The EU agreed to support extra tariffs on Chinese-built electric vehicles.
Wed Oct 30 2024
Volkswagen plans major layoffs, to shut at least three German plants, works council head says

Volkswagen plans major layoffs, to shut at least three German plants, works council head says

Europe's biggest carmaker has been negotiating for weeks with unions over its plans to overhaul its business and lower costs.
Mon Oct 28 2024
ASEAN sees surge in EV sales, Malaysia among top performers - Maybank Investment

ASEAN sees surge in EV sales, Malaysia among top performers - Maybank Investment

The investment bank said that favourable regulations, local brands and penetration of Chinese carmakers will drive sales higher.
Thu Aug 01 2024
Tesla Malaysia cuts prices for two models by RM8,000 in Malaysia

Tesla Malaysia cuts prices for two models by RM8,000 in Malaysia

The electric carmaker said the price "decrement" has made Tesla EV more affordable and accessible to a border range of audiences.
Fri Apr 26 2024
Could Tesla's Cybertruck become the first amphibious electric car?

Could Tesla's Cybertruck become the first amphibious electric car?

Musk suggests that the Tesla Cybertruck, the US carmaker's first electric pickup, will be able to travel short distances on water.
Tue Oct 04 2022
Proton records third consecutive year of sales growth in 2021

Proton records third consecutive year of sales growth in 2021

National carmaker Proton Holdings Bhd's total sales rose by 4.5 per cent year-on-year in 2021 to 114,708 units for the domestic and export markets -- its highest closing figure since 2014.
Tue Jan 04 2022
Tesla delivers almost one million cars globally

Tesla delivers almost one million cars globally

The US electric carmaker delivered more than 936,000 cars of all models in 2021, an increase of 87 percent over the previous year.
Mon Jan 03 2022
German auto giants place their bets on hydrogen cars

German auto giants place their bets on hydrogen cars

BMW is hydrogen's biggest proponent among Germany's carmakers, charting a path to a mass-market model around 2030.
Wed Sep 22 2021
Hybrid leader Toyota turns on electrics

Hybrid leader Toyota turns on electrics

Toyota plans for its first global line-up of battery electric vehicles as other carmakers have pulled ahead in electrification.
Wed Apr 21 2021
Betting on death of petrol cars, Volvo to go all electric by 2030

Betting on death of petrol cars, Volvo to go all electric by 2030

The Swedish carmaker said 50 pct of its global sales should be fully-electric cars by 2025 and the other half hybrid models.
Tue Mar 02 2021
Aston Martin says back on the road to profitability after 2020 loss

Aston Martin says back on the road to profitability after 2020 loss

The British company's shares jumped 9 pct in early Thursday trading after it kept a forecast for around 6,000 sales to dealers this year.
Thu Feb 25 2021
French carmaker Renault announces 15,000 job cuts worldwide

French carmaker Renault announces 15,000 job cuts worldwide

The job cuts come as part of a plan to cut costs by 2 billion-euro
Fri May 29 2020
China's Geely takes 49.9 percent stake in Malaysia's national carmaker Proton

China's Geely takes 49.9 percent stake in Malaysia's national carmaker Proton

Geely, parent company of Hong Kong-based Geely Automobile Holdings Ltd and Sweden's Volvo Car Group, would also acquire 51 percent of Proton unit Lotus, the companies said.
Wed May 24 2017
Porsche-Piech clan to stay out of VW management: Porsche chairman

Porsche-Piech clan to stay out of VW management: Porsche chairman

Members of the Porsche-Piech clan that controls Volkswagen will no longer be eligible to serve as executives of the carmaker, Porsche Automobil Holding SE Chairman Wolfgang Porsche said.
Mon Apr 10 2017
Proton's win-win tie-up with foreign partner to create more jobs for Malaysians

Proton's win-win tie-up with foreign partner to create more jobs for Malaysians

This will not only translate into better sales for the national carmaker, but also ramp up production at the Shah Alam and Tanjung Malim plants which are now producing below capacity.
Sun Feb 19 2017
'No one will win a trade war,' China says after Trump tariff threat

'No one will win a trade war,' China says after Trump tariff threat

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.
Tue Nov 26 2024
What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.
Tue Nov 26 2024
One woman or girl killed every 10 minutes by intimate partner or family member - UN

One woman or girl killed every 10 minutes by intimate partner or family member - UN

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".
Tue Nov 26 2024
Sweden urges Chinese ship to return for undersea cable investigation

Sweden urges Chinese ship to return for undersea cable investigation

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.
Tue Nov 26 2024
[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.
Tue Nov 26 2024
Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.
Tue Nov 26 2024
‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.
Tue Nov 26 2024
Man charged with mother's murder, storing body in freezer

Man charged with mother's murder, storing body in freezer

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.
Tue Nov 26 2024
Abolition of examination in schools to reduce pressure on pupils - Fadhlina

Abolition of examination in schools to reduce pressure on pupils - Fadhlina

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.
Tue Nov 26 2024
Google, Meta urge Australia to delay bill on social media ban for children

Google, Meta urge Australia to delay bill on social media ban for children

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Tue Nov 26 2024