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China’s car industry set another record in November 2024. Total production of passenger and commercial vehicles reached 3.437 million units, up 14.7% month-on-month and 11.1% year-on-year, while sales hit 3.316 million units, up 8.6% month-on-month and 11.7% year-on-year, according to data from the China Association of Automobile Manufacturers (CAAM). As is typical with Chinese data, the figures should not be taken at face value. The sales numbers include cars shipped out of China that are still
Dec 24, 2024
Perodua is partnering with TM to develop solutions for electric vehicle ecosystem, in-car infotainment systems, digital marketing tools, and manufacturing. A memorandum of collaration was signed last month but announced only today. The partnership covers four strategic areas: hyperconnected network, advancing digital technology, enriching customer experience, and environmental sustainability. TM via TM One, its enterprise and government sector solutions arm, aims to upgrade Perodua’s infrastruct
Dec 23, 2024
Honda and Nissan have signed a memorandum of understanding (MoU) to start discussions and considerations toward the formation of a joint holding company. The new company will be listed on the Prime Market of the Tokyo Stock Exchange (TSE) by August 2026. Both Nissan and Honda will become wholly owned subsidiaries of the joint holding company. As a result of this reorganization, both companies will be de-listed from the TSE. The shareholding structure of the holding company is yet to be decided,
Dec 23, 2024
The egg-shaped Toyota Estima could be making a comeback, if this scoop by Japan's Best Car magazine is correct. The Toyota Estima bowed out of the market in 2019, clearing the way for the more popular Toyota Voxy / Noah and Toyota Alphard / Vellfire to grow further. The decision was controversial because although sales were nowhere near its peak, the Estima still commanded a very strong following. Unlike the Voxy/Noah and Alphard/Vellfire twins, the Estima’s third row of seats can be folded unde
Dec 23, 2024
Sime Darby Beyond Auto, the distributor of BYD cars in Malaysia, is closing 2024 with an expanded 21-service-centre-wide after-sales support network across Malaysia, 17 of which provide body and paint (B&P) services for collision repairs. No matter where you are in Peninsular Malaysia or East Malaysia, Sime ensures that all BYD owners receive the support they need. For reference, Tesla, still the biggest rival to BYD, has only two B&P centres, one in Penang, another in Johor. It has two more bod
Dec 23, 2024