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

Sanjay

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

CY Foong

Sep 12, 2024

Honda Malaysia has unveiled the 2024 Honda City Special Edition (SE) a limited edition variant, capped at 99 units, which is based on the popular City V variant, with value-added features for added style and convenience. Exclusively available in Platinum White Pearl, the 2024 City SE is priced at RM 95,200, which includes an RM 300 premium over the City V variant for the special paint finish. However, please note that the actual car will only be in showrooms starting next week, so the main image

Arvind

Sep 12, 2024

Honda Malaysia has introduced the 2024 Honda WR-V RS Special Edition (SE), a limited-run version of the popular B-segment SUV. As the name suggests, the WR-V RS SE is based on the range-topping RS variant but comes with eight additional features that enhance both style and functionality. Exclusively available in Stellar Diamond Pearl colour, the WR-V SE is priced at RM 107,900; at no additional charge from the RS variant. However, it is limited to only 99 units. Additionally, Honda has also laun

Arvind

Sep 12, 2024

This is it, the 2024 Mitsubishi Xpander facelift is now open for booking in Malaysia, ahead of its official launch later this month. Locally assembled (CKD Pekan), the sole Xpander Plus variant is sold at a special estimated introductory price of RM 115,000. Par for the course of a mid-life refresh, the 7-seater receives a sharper exterior and improved features within, whilst retaining things that made it a dependable people carrier for the 40,000-odd customers thus far. Exterior: Evolved Dynami

Sanjay

Sep 12, 2024