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KUALA LUMPUR: UMW Holdings Bhd’s financial performance for the first quarter ended March 31, 2015 was dragged down by the much reduced contribution from the automotive business.
PETALING JAYA: Automotive players have begun raising prices for their multi-purpose vehicle (MPV) and sports-utility vehicle (SUV) models affected by the recent 5% hike in excise duties.
Existing measures which are considered necessary will be maintained, and new measures to replace existing measures which no longer serve national interest will be instituted, to continuously support the development and viability of the automotive sector.
The full text of the new National Automotive Policy.
The unregulated automotive workshop sector is slowly changing for the better.
KUALA LUMPUR: Proton Dealers Association Malaysia (Peda) yesterday called for the setting up of a statutory automotive council which will regulate and administer any new or revised governmental policy pertaining to the automotive eco-system.
THE UK-based Institute of the Motor Industry (IMI) recently affirmed its commitment to continue contributing to the Malaysian government’s skills agenda by delivering industry-leading qualifications developed in line with emerging technologies for the automotive sector.
KUALA LUMPUR: The Naza Group is taking proactive steps to become the franchisee for more automotive brands, said its group chief operating officer, Al-Jeffery Ibrahim.
KUALA LUMPUR: The third national car project provides an opportunity for Malaysia-based companies to be at the forefront of the global automotive industry evolution, according to industry watchers.