Last week, a newsletter by RHB Investment revealed that Dinamikjaya Motors, Kia’s Malaysian distributor and a subsidiary of Bermaz Auto (BAuto), is looking to launch the new generation (NQ5) Kia Sportage in the fourth quarter of this year (Q4 2024). This has been further confirmed by BAuto CEO, Datuk Francis Lee, in a recent interview with The Edge. He told the local financial publication that Kia is the company’s “new workhorse” for growth over the next 2 to 3 years, replacing Mazda as it moves

CY Foong

Jul 2, 2024

With a starting price of RM 1.228 million, the all-new 2024 Lexus LM is never going to be a high-volume seller for Lexus Malaysia. Typically, the annual allocation for this class of cars, regardless of brand, is only around 25 units per year. Lexus Malaysia says they have collected less than 20 orders, which is more than enough because that figure is more than their currently available stock. More units are on the way, but there’s a four-month waiting period for the tycoon who is booking one tod

Hans

Jul 2, 2024

While sales of battery electric vehicles (BEVs) in Malaysia have experienced 3-digit growth figures year-on-year, they account for around 1.5% of the total automotive market share. Still, the growth of BEVs in Malaysia is largely driven by government-supported incentives as well as attractive prices, mostly from Chinese brands. Another Chinese BEV maker is heading into Malaysia but rather than going all out by bringing in higher volume, Bermaz Auto (BAuto) is instead looking to bring in XPeng th

CY Foong

Jul 2, 2024

Hyundai Motor Group is set to expand its battery-electric vehicle (BEV) footprint in Southeast Asia, leveraging its established presence in Indonesia, Vietnam, and Singapore to strengthen its position in the regional markets, reports The Korea Herald. In the first quarter of this year, Hyundai Motor Manufacturing Indonesia (HMMI), the company's first vehicle manufacturing plant in the ASEAN region, produced 22,520 units, achieving an operation rate of 110.9 percent. This rate marked the highest

Shaun

Jul 2, 2024

First, they came for the manual transmission, and now, they come for the entire car – the ZC33S Suzuki Swift Sport and the Jimny are facing the end of the road in the United Kingdom as legislative challenges mount. Alongside the two named models, Suzuki UK will also discontinue the Ignis and Swace in the coming months as the brand prepares to launch its first battery electric vehicle, reports Autocar. The decision has been attributed to the UK's zero-emission vehicle (ZEV) mandate, which require

Sanjay

Jul 2, 2024