The Malaysian Automotive Association (MAA) has released its vehicle sales data for October 2024, showing a strong rebound in sales activity. A total of 69,859 vehicles were delivered to customers, marking a 20% increase compared to the 58,032 units sold in September. This boost in sales was attributed to a longer working month in October and aggressive year-end promotional campaigns by various car manufacturers, aimed at driving customer demand. With this monthly increase, the total industry vol

Arvind

Nov 13, 2024

Fuel price movements in Malaysia from 14- to 20-November 2024 are as below: Fuel Price Update 14- to 20-November 2024 RON 95 RM 2.05 RON 97 RM 3.19 RON 100 RM 5.00 Shell V-Power RM 6.30 Diesel EURO 5 B10 RM 3.01 Diesel EURO 5 B7 RM 3.21 Follow fuel price live updates: Petrol Price Malaysia

Sanjay

Nov 13, 2024

The discourse regarding the Europe Union’s increased tariff on China-made battery EVs (up to 45.3%) is centered on how subsidized, low-cost Chinese battery EVs (BEVs) pose a threat to Europe’s manufacturing base. VW’s proposed closure of up to three automotive plants in Germany has also been juxtaposed against the threat of lower-cost Chinese BEV models. But sales data compiled by the Germany-based Schmidt Automotive Research suggests that the threat to the VW Group, Stellantis, and Renault – Eu

Hans

Nov 13, 2024

As part of a visit to Egypt, Prime Minister Datuk Seri Anwar Ibrahim along with official Malaysian delegates including key Proton management officiated the launch of the CKD Proton Assembly Plant in Egypt. The PM said this initiative was part of Malaysia’s efforts to foster a new approach to cooperation between countries stating, “Proton is not just an automotive company; it is a source of pride and part of Malaysia's identity.” "Malaysia's presence in Egypt is built on trust and friendship," he

CY Foong

Nov 13, 2024

Thailand is currently the biggest market for battery EVs (BEVs) in Southeast Asia. Nearly 15% of new cars sold in Thailand are BEVs, an adoption rate that’s higher than even the USA (~7%). At the same time, Thailand is not convinced that it should adopt a European Union-style ‘all-in’ approach in promoting BEVs, reasoning that the automotive industry is still in a state of flux and a one-track, BEV-only approach may not be the correct one. Deputy Finance Minister Paopoom Rojanasakul told the Ban

Hans

Nov 13, 2024