Toyota Motor Corporation’s Chairman, Akio Toyoda, has pledged a massive THB 55 billion (~RM 7.2 billion) investment in Thailand to boost hybrid vehicle production in the Kingdom. Industry Minister Akanat Promphan announced that this investment will focus on upgrading production lines to accommodate both internal combustion engines and battery-electric motors for hybrid vehicles, Bangkok Post reports. The initiative is also expected to drive job creation, facilitate technology transfer, and enhan

Arvind

Dec 24, 2024

The sixth instalment of anything is usually the point where things get a bit too much. That's where Fast and Furious 6 started having a 'Marvel sequel or car movie?' identity meltdown, and I'll belanja you if you remember what the heck went on in Terminator: Dark Fate. Quite simply, this largely happens because they've lost track of what they should do. As it is though, you'll find similar happenings in other industries, and even in our beloved sphere of automobiles, parallels can be drawn to a

Sanjay

Dec 24, 2024

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

Hans

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

Hans

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,

Hans

Dec 23, 2024