Once a darling of Southeast Asia’s automotive industry, Thailand’s economy is currently in a bad position. From January to July, Thailand’s new car sales added up to just 354,421 units. In comparison, Malaysia, which has only half the population of Thailand, sold 462,088 units. Year-to-date, Thailand’s new car sales are down by 24% year-on-year, according to figures compiled by the Federation of Thai Industries. The car segments that saw the biggest drop are pick-up trucks and pick-up-derived SU

Hans

Aug 28, 2024

Bermaz Auto, the parent company of Mazda distributor Bermaz Motor and Xpeng distributor Bermaz Xpeng, has a strong reputation for growing new automotive brands in Malaysia. It is the distributor of choice for many new brands looking to enter Malaysia, putting it in the enviable position of having the luxury to pick and choose which brands it wants to add to its portfolio. Investors also love Bermaz Auto because it is one of the best dividend-generating automotive-related stock in Bursa Malaysia.

Hans

Aug 28, 2024

Proton’s first production battery electric vehicle (BEV) model, the Proton e.MAS 7 will be making its first public appearance on 31 August 2024 at Malaysia’s 67th National Day. The electric SUV will then embark on a journey that will culminate in its market launch at the end of the year. The e.Mas 7 which will be appearing at the Merdeka Day parade will feature a special camouflage motif representing the colours of the Jalur Gemilang as part of a 25-car contingent featuring various Proton models

CY Foong

Aug 28, 2024

EON Berhad is proud to announce its partnership with Zoo Negara to promote wildlife education and conservation. Through its “Drive for Conservation: Zoo Negara Wild Wheel Partner Programme”, EON is sponsoring a Mitsubishi Triton VGT 2.4 AT which will be used to enhance Zoo Negara’s educational outreach programmes. EON’s provision of the vehicle is aimed at addressing the zoo’s specific logistical needs. The vehicle will facilitate the transportation of educational materials, props, and even smal

CY Foong

Aug 28, 2024

Chinese carmaker Xpeng has introduced its new line of "mass-market" models under the Mona name, and this is the first model—the battery electric (BEV) Xpeng Mona M03. Billed as a natural rival to the Tesla Model 3, it is, however, priced to kill, especially since it's half of what Tesla asks for. Three variants of the M03 were announced yesterday, priced as follows: 515: CNY 119,800 (~RM 73k) 620: CNY 129,800 (~RM 79k) 580 Max: CNY 155,800 (~RM 95k) Comparatively, the Tesla Model 3 ranges from C

Sanjay

Aug 28, 2024