Hyundai's line of performance vehicles under the N name are slated to launch in Indonesia as locally assembled products, reports local media Otodriver. Joonwoo Park who is currently the Vice President of the N Brand Management Group, said: "We hope to bring the Ioniq 5 N to Indonesia this year," when speaking to the Otodriver team in South Korea recently. Park mentioned that this high-performance product will likely be introduced in Indonesia around July ahead of its planned sales in October. He

The current import and excise tax exemptions for battery electric vehicles (battery EVs) is set to expire by 31-December 2023. The Malaysia Automotive Association (MAA) is of the opinion that the exemption period, which was announced in Budget 2022, is too short to see any meaningful investments into EVs. “We seek extension of full import and excise tax exemption for CBU EVs while the market is preparing for the growth of EVs in Malaysia. We hope there will be incentives for up to 10 years,” sai

The biggest difference between the Japanese and the Koreans is speed of execution, and related to that – their openness to drop something that they have invested a lot of money in to, if the benefits are obvious. If Japanese business culture is defined by kaizen (continuous improvement), then Korean business culture is defined by pali pali (faster, faster). There's not much deep thought or philosophy behind Korean industries. It's all about trying to beat the Japanese by being better and faster

CKD Ioniq 5 to launch in Indonesia Standard Range and Long Range variants, all RWD World's first production of Ioniq 5 outside of Korea Hyundai Motor Manufacturing Indonesia (HMMI) will start local assembly (CKD) production of its fully electric Ioniq 5 soon. It’s probably the world’s first CKD production for the electric compact SUV. Currently, the Ioniq 5 is only produced at Hyundai Motor’s Ulsan plant. According to our sister-site Autofun Indonesia, the Indonesian market Ioniq 5 will be launc

The Ioniq 5 has finally made its world debut! This is the first model under Hyundai’s newly formed dedicated electric vehicle (EV) brand, Ioniq, and is the first production model to be built on Hyundai’s new E-GMP architecture dedicated to underpin all Hyundai Motor Group’s (including Kia) future battery EV (BEV) models. Also read: The Singapore-assembled Hyundai Ioniq 5 will be rear-wheel drive Designers drew inspiration from the Hyundai Pony, the company’s first production car 45 years ago for

Alongside the Fortuner facelift, the locally-assembled (CKD) 2021 Toyota Innova three-row MPV facelift is the other half of a pair of new models launched today by UMW Toyota Motor (UMWT) and prices start from RM 111,622. The 2021 Toyota Innova is available with three variants and all variants see a price increase of between RM 1,588 and RM 4,119. The prices stated below are excluded from SST which is valid until 30-June 2021. 2021 Toyota Innova facelift price list Variants Price 2.0 E (AT) RM 11