Honda Malaysia is off to a rousing start of the year, with three models dominating the sales chart in the first half of 2024 (H1) – namely the City, HR-V, and the CR-V, as data from the Road Transport Department (JPJ) shows. Year-to-date 2024 shows 6,072 units of the CR-V has found new owners thus far, a steady lead above the Proton X70. Speaking of which, at 2,808 units sold up till June, the aging X70 has also fallen behind the pricier Mazda CX-5 that has clocked 3,658 cars sold. Sales of the

Sanjay

Jul 9, 2024

Honda has announced that it will halt vehicle production at its Ayutthaya plant in Thailand by 2025, consolidating its operations at its remaining plant in Prachinburi. A company spokesperson told Reuters that the Ayutthaya plant, which was first established in 1996, will be repurposed for car parts production after 2025. The Ayutthaya plant, with a capacity of 150,000 units per year, has been producing models like the Accord, CR-V, and Civic e:HEV hybrid models. Honda has been exporting vehicle

Arvind

Jul 9, 2024

According to the Road Transport Department’s (JPJ) vehicle registration data, 6 of the top 10 best-selling cars of the first half of the year (H1 2024) are from Malaysian brands which also occupied the top six positions. The top 3 best-selling cars in Malaysia in 2024 thus far are the Perodua Bezza (47,100 units), Perodua Axia (42,922 units), and Perodua Myvi (34,688 units). P2 dominated the top 10 list with its entire lineup apart from the Aruz placed in the top 6 with the Alza (20,476 units) a

CY Foong

Jul 9, 2024

Lexus Malaysia has opened its order books for the Lexus RZ 450e, the first battery EV (BEV) for the Lexus brand in Malaysia. The 5-seater all-wheel drive BEV is priced from RM 429,888, excluding insurance. The model is imported from Japan. The electric version of the Lexus RX, the Lexus RZ is powered by a 71.4 kWh battery, driven by a 230 kW (313 PS) front-biased, Direct4 dual-motor setup, with a 150 kW motor on the front axle, and an 80 kW motor on the rear axle. The highlight of the Direct4 fe

Hans

Jul 9, 2024

CIMB Thai bank has raised alarms over potential loan defaults brought on by plummeting resale values due to ongoing new car price wars in the Kingdom. New car sales in Thailand have dropped dramatically, shrinking by 23.8 percent in the first 5 months of 2024 compared to the same period last year, marking the most significant decline in 15 years. Car brands have responded to this downturn by slashing prices to attract buyers, leading to fierce price wars. However, this strategy will have a detri

Arvind

Jul 9, 2024