While China remained the world’s largest car consumer last year, sales of new vehicles in the country have slowed down in recent years. To boost sales of new passenger vehicles, particularly plug-in hybrids (PHEVs) and battery electric vehicles (BEVs), the Chinese government began introducing subsidies under a scrappage program in late April. Still, retail sales of new passenger vehicles which include sedans, crossovers, SUVs, and MPVs dropped for the third straight month in June. According to t

CY Foong

Jul 26, 2024

Following Puspakom's recent announcement that it will have to comply with the Inland Revenue Board's (LHDN) move to adopt e-invoicing, many car companies and dealers are bracing for a slowdown in sales of imported cars (CBU), especially battery EVs (BEVs), pick-up trucks, and reconditioned (recon) cars. As with any change in processes, a temporary slowdown in sales is expected in the near term due to the period of adjustment required for phasing in a new system. This should improve in the coming

Arvind

Jul 26, 2024

Proton recently performed a groundbreaking ceremony for new additions to its stamping facilities in Tanjung Malim. Known as stamping E- and F-Line, the new lines will expand the volume of parts stamping at Proton’s Tanjung Malim plant as it prepares to relocate production of the Proton Saga from Shah Alam by 2026. The Shah Alam plant currently only produces the Proton Saga following the discontinuation of the Proton Exora last year. The other Proton models are built at the Tanjung Malim facility

CY Foong

Jul 26, 2024

The recent Puspakom ruling change requiring owners and companies to provide their Tax Identification Number (TIN) before conducting any service transactions has resulted in an abrupt influx of appointments, already causing delays in vehicle deliveries – particularly fully imported (CBU) BEVs, pick-up trucks, and recon cars. Earlier this week, Puspakom announced that starting 25 July 2024, all customers must provide a Tax Identification Number (TIN) for all service transactions via the MyPuspakom

Arvind

Jul 26, 2024

Following its public Malaysian debut at the 2024 Malaysian Autoshow, Intro Synergy Sdn Bhd, the sole distributor of Neta vehicles in Malaysia has launched the Neta X fully electric (BEV) SUV. Fully imported (CBU) from China, the Neta X is available in Malaysia in three variants: Neta X 400 Comfort – RM 119,888 Neta X 400 Luxury – RM 127,888 Neta X 500 Luxury – RM 135,888 The Neta X comes with an 8-year/180,000-km battery warranty, whichever comes first. All three variants look similar and are po

CY Foong

Jul 25, 2024