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
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?
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
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
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
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
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
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
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
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
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
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
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
Proton Iriz enters Indonesia
Datuk Ahmad Fuaad Kenali says Indonesia is an important market for the national carmaker.
Sat Feb 18 2017
Trump hits Toyota in latest broadside against carmakers and Mexico
"Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S. NO WAY! Build plant in U.S. or pay big border tax," Trump said in a post on Twitter.
Fri Jan 06 2017
Who is Prabowo Subianto, incoming president of Indonesia?
A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'
The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel
Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?
The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office
Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21
Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say
Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death
Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence
Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end
Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024