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    • Honda HR-V knocked Proton X50 out of the top 10 best-sellers of H1 2024 - Can it sustain?

      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 FoongCY Foong

      Jul 9, 2024

    • Lexus RZ 450e: Bookings opened in Malaysia, from RM 430k, 71.4 kWh, up to 440 km range

      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

      HansHans

      Jul 9, 2024

    • CIMB's Thai unit concerned over loan defaults as resale value keeps dropping amid price wars

      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

      ArvindArvind

      Jul 9, 2024

    • Even with a RM 50k price gap, BYD Atto 3 and Tesla Model Y are neck and neck in June 2024 sales

      During the first half of 2024, BYD managed to inch its way into the top 10 best-selling car brands in Malaysia. Placing in tenth place with 4,368 units, the Chinese battery electric vehicle (BEV) maker is also Malaysia’s best-selling BEV brand for the year so far. But what about the main hero when it comes to BEVs? Well, Tesla doesn’t publish sales data for individual markets but a quick look at the Road Transport Department’s (JPJ) registration data shows that even though the American BEV maker

      CY FoongCY Foong

      Jul 9, 2024

    • 2024 H1 sales: Honda HR-V reigns as Malaysia's favourite, Proton X50, Toyota Corolla Cross, Chery Omoda 5 trail behind

      The Honda HR-V is proving to be an insurmountable challenge to its nearest rivals as it leads Malaysia's sub-compact SUV category in the first half of the year (H1 2024), according to registration data released by the Road Transport Department. To date, Honda has moved 10,803 units of the HR-V, qualifying it to be among the top-10 best-selling cars in Malaysia so far, eclipsing the Toyota Corolla Cross, Proton X50, and Chery Omoda 5. Sales of the HR-V was at its highest in March 2024, with 2,550

      SanjaySanjay

      Jul 9, 2024

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