Sime Darby Berhad today announced that it has entered into a conditional share purchase agreement with Permodalan Nasional Berhad to acquire PNB’s 61.2% stake in UMW Holdings Berhad, which not only includes their aerospace and manufacturing businesses, but also the Toyota and Perodua brands. Under the terms of the agreement, Sime Darby will purchase PNB’s 61.2% stake for a total cash consideration of RM3.57 billion or RM 5.00 per share. Once the agreement becomes unconditional, Sime Darby will b

Globally, Honda is seen as the closest rival to Toyota but in its home market in Japan, Honda is actually closer to Daihatsu and Suzuki than Toyota. This is because more than 50 percent of Honda’s sales in Japan come from kei minicars, the sort of cars Daihatsu and Suzuki sell most. The Honda N-Box has been Japan’s No.1 selling car for 7 consecutive years, since 2015. It contributes over 30 percent of and all signs point to 2022 being another dominant year for the N-Box. Combined with the N-Box’

New to the 2020 Toyota Vios facelift is the addition of the GR-Sport (GR-S) variant, sitting on top of the G variant. The Toyota Vios GR-S adds a few goodies like a reprogrammed CVT with 10 virtual ratios, sports-tuned suspension, and 17-inch wheels just to name a few. Trade in User's Car Form If you’re pondering on whether to fork out another RM 8k over the G variant – we’ve listed pros and cons to help on your buying decision. Pros Superb suspension tuning Aggressive exterior styling Cons Slow

Hyundai-Sime Darby Motor has just previewed the all-new, seventh-generation 2021 Hyundai Elantra in Malaysia. HSDM has yet to announce prices of the new model, only mentioning that it will be priced from RM 1xx,888. Bookings are opened, and those interested can place a booking fee of RM 777 for one. What do I need to know? The Hyundai Elantra is a C-segment sedan that competes against the Honda Civic and Toyota Corolla Altis, but being imported from Korea (Ulsan plant), it will inevitably be pri

** This article is the personal experience of a 2017 Hyundai Elantra Sport 1.6T owner and does not necessarily reflect the views of WapCar. Facebook: Joshi Immanuel When C-Segment Sedans are mentioned the first thought that comes to people's mind is the Honda Civic FC, Toyota Corolla Altis E210 and Mazda 3 BP. The Hyundai Elantra AD will unlikely be meat and potatoes of the conversation. However, in this story, it will. I still remember vividly the first time I saw the spy shots of the Hyundai E

Nissan owners in Malaysia, you are now able to give your Nissan its much-needed service, as Tan Chong Ekspres Auto Servis (TCEAS) has received approval from the Ministry of International Trade and Industry (MITI) to partially resume their operations. Do note that services are limited by MITI's approval to just: service maintenance, minor repairs, and vehicle breakdown services. Owners can set an appointment either by calling their nearest service centre, DriveOn mobile app, TCEAS website or Niss