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While the Proton Saga pioneered the Malaysian automotive industry, it was the Perodua Kancil that shaped the country’s automotive landscape. When the second national carmaker introduced its first model 30 years ago, it cast aside all doubts and became a massive hit. The affordable price tag mobilised Malaysians of all creeds and backgrounds. Urbanites were attracted to its small size while lower-income families saw it as a great escape from squeezing four people onto a motorbike. The biggest suc
Sep 13, 2024
National carmaker Perodua has introduced a new online booking system, designed to make puchasing a new vehicle as easy as a few clicks, and being more secure at the same time. Customers can now select and book their desired Perodua model directly from the company's official website, eliminating the need for a visit to the dealership for initial bookings, and safeguard themselves from scam artists moonlighting as 'sales agents'. Though the process is relatively straightforward, here's a handy gui
Sep 13, 2024
What better way to celebrate unity than uniting yourself with a new car, especially a Honda? Now that barrier is even lower, courtesy of Honda Malaysia's 'Jiwa Madani' promotions. The clue is in the name – 'One Nation, Triple Joy' – so there's a stackable system of rebates going on. The base promotion will see you getting at least RM 3,000* off, with some models having a higher quantum of rebates. Take the Honda Civic 1.5 E for example. You already get an RM 7,500* Unity Rebate, and that is then
Sep 13, 2024
Revenue grew 9% QoQ to above USD310million in 2Q2024, with more than 3x QoQ EBITDA increase Strengthened its clear market leadership position in Southeast Asia, having traded 35,000 cars in 2Q2024, significantly ahead of competitors Continues to ramp up ancillary business, supported by new financing lines from banking partners CARSOME Group Inc (CARSOME or The Group), Southeast Asia’s largest integrated car e-commerce platform, today announced its most successful quarter to date. In 2Q2024, CARS
Sep 12, 2024
EP Manufacturing Bhd (EPMB), an automotive parts and components manufacturer has entered into a conditional share subscription agreement with Mutual Concept Sdn Bhd and Bermaz Capital (Bermaz Anshin), a subsidiary of Bermaz Auto Bhd. According to an EPMB announcement on Bursa Malaysia, the proposed placement intends to raise RM 39.65 million to partly finance the construction of EPMB’s manufacturing hub in Melaka. Bermaz Anshin will be the second largest shareholder of EPMB with 11.54% after Mut
Sep 12, 2024