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Malaysia's new EV rules force industry-wide reset, says Dongfeng dealer
2+ day, 14+ hour ago (245+ words) KUALA LUMPUR (May 22): Malaysia's latest policy change has triggered an industry-wide reset that is forcing automakers to accelerate localisation plans, said a Chinese car brand distributor. Volt Auto Pte Ltd, the exclusive dealer of Dongfeng-branded electric vehicles (EVs) in Malaysia…...
Stellantis to produce small E-Car in Italy's Pomigliano from 2028
5+ day, 14+ hour ago (204+ words) MILAN (May 19): Stellantis on Tuesday'announced plans to launch a new small, low-cost electric vehicle for the European market, betting on a revival of the region's shrinking entry-level car segment. Production of the so-called E-Car " designed to be affordable, compact and…...
Ford bets on Bronco SUV to revive flagging European sales
6+ day, 9+ hour ago (378+ words) (May 18): Ford Motor Co is seeking to reignite its struggling European passenger car business with a new version of the rugged Bronco SUV, following the success of bringing back the model in North America. The US automaker will build a…...
Honda and Nissan's shifting fortunes may bolster case for tie-up
1+ week, 2+ day ago (818+ words) (May 15): Honda Motor Co and Nissan Motor Co have essentially traded places since plans to combine the two companies collapsed dramatically last year. Back then, Nissan's financial position was deteriorating rapidly and Honda was seen as a white knight. But…...
Perodua sees auto TIV hitting one million by 2030
1+ week, 3+ day ago (204+ words) RAWANG (May 14): Perodua has projected Malaysia's automotive total industry volume (TIV) to be about one million by 2030. President and CEO Datuk Sri Zainal Abidin Ahmad said: "We think by 2030, 20% of the total volume will be electric vehicles (EVs) or XEV,…...
Toyota to build new plant in India to make SUV model
1+ week, 5+ day ago (276+ words) (May 12): Toyota Motor Corp is adding another vehicle assembly plant in India to meet growing domestic demand and boost exports to nearby countries. The world's largest automaker announced the new factory will create about 2, 800 jobs and be built in the…...
Malaysia's EV policy aimed at developing local automotive industry, not just protecting national carmakers, says deputy Miti minister
1+ week, 6+ day ago (439+ words) KUALA LUMPUR (May 11): Malaysia's electric vehicle (EV) policy is focused on developing the local automotive industry, not just protecting national carmakers Proton and Perodua, Deputy Investment, Trade and Industry Minister Sim Tze Tzin said. The government is encouraging foreign EV…...
Toyota issues lower outlook on Iran conflict supply impact
2+ week, 2+ day ago (427+ words) (May 8): Toyota Motor Corp put forward a conservative profit forecast after posting record sales, as the growing fallout from the conflict in the Middle East weighs on businesses across the globe. The stock reversed gains and fell as much as…...
Malaysia raises entry bar for imported EVs from July 1, sets RM200, 000 minimum price threshold
2+ week, 4+ day ago (267+ words) KUALA LUMPUR (May 6): New regulations for fully imported electric vehicles (EVs) will take effect in Malaysia starting July 1, 2026, requiring higher minimum vehicle value and revised performance standards for all incoming units. The Ministry of Investment, Trade and Industry (Miti) in…...
Tesla'to recall nearly 219, 000 US vehicles on rearview image issue
2+ week, 4+ day ago (115+ words) BENGALURU (May 6): Tesla'is recalling 218, 868 vehicles in the US due to delayed rearview camera images that could increase the risk of a crash, the National Highway Traffic Safety Administration (NHTSA) said on Wednesday. The regulator said the rearview camera display in…...