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Proton’s Iranian subsidiary dissolved

KUALA LUMPUR: Proton Holdings Bhd’s indirect wholly owned subsidiary Proton Motor Pars Co (PMP), set up in Iran in 2011 to engage in car assembly or building of vehicles and relevant accessories and spare parts, has been dissolved without starting any operation.

Proton previously eyed Iran as a core market in the long term.

China could allow foreign-owned electric vehicle businesses

BEIJING: China is discussing a plan to allow foreign carmakers to set up wholly owned electric-vehicle businesses in its free-trade zones in a major revision of a fundamental principle governing the country’s auto industry policy since the 1990s, according to company officials briefed on the matter.

Selangor authorities prepare for tidal floods

COASTAL areas in Selangor are on alert as high tides of up to 5.3m are forecast until Friday.

Port Klang Fire and Rescue Department has an amphibious rigid inflatable boat attached with retractable wheels on an outboard motor that can be operated on land and water.

Doctor killed in highway accident

KUALA KANGSAR: A doctor lost his life when his car crashed into the side barricade along the North-South Expressway.

Toyota offers souped-up Prius

TOKYO: Toyota Motor Corp is introducing a high-performance series consisting of souped-up staples as it accelerates efforts to jazz up its image.

Toyota Prius GR

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

Toyota president says will continue to make variety of vehicle types

TOKYO: Toyota Motor Corp president Akio Toyoda on Tuesday said his company would continue to make a variety of vehicle types available to customers, even as tighter global regulations are prompting automakers to develop more electric vehicles.

Rickshaws to jump start India's all-electric drive

India will roll out nearly 100,000 battery-powered buses and autorickshaws onto its sulphurous city streets in the coming weeks, setting it on the bumpy road to making new vehicle sales all-electric by 2030.

Nissan Motor is testing its Leaf model to see how it performs on Indian roads and copes with pollution and extreme weather conditions. — AFP Relaxnews

Tencent, Guangzhou Auto agree to collaborate on Internet-connected cars

China's Tencent Holdings and Guangzhou Automobile Group Company Ltd have agreed to collaborate on Internet-connected cars – a strategic pact that sent shares in Guangzhou Auto surging.

From grudge to nudge: tech firms help insurers shift gear

Insurers are counting on real-time technology to help them cut back payouts, from a system warning ships of nearby pirates to an app offering to buy sleepy drivers a coffee on the motorway.

Traffic flowing along the M56 motorway as the sun sets near Manchester, Britain. The aim is to move insurance from a "grudge" purchase, when the only interaction with customers is after something has gone wrong, to a "nudge" product, encouraging safer behaviour. — Reuters