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BMW: Diesel car to boost market share
BMW Malaysia Sdn Bhd hopes to capture a larger share of the local premium car market and become the leading brand in this segment in five years, said managing director Wolfgang Schlimme.
News in brief
GM Daewoo Automotive Technology Co plans to invest 1.74 trillion won (US$1.48bil) in the next few years to boost capacity and produce diesel engines and new car models.
TOM Online fizzles, Weichai sizzles
Wireless services firm TOM Online Inc fizzled on its first day of trading while diesel engine maker Weichai Power Co Ltd jumped 29% on its market debut here yesterday - a sign that investors are starting to watch earnings prospects amid the Chinese initial public offering (IPO) mania.
Rubber price set at minimum US$1.10
THE International Rubber Cooperation, set up by Malaysia, Indonesia and Thailand, has decided to sell rubber at a minimum price of US$1.10 a kilo in the world market.
My wife’s 10th birthday
Last week, I>The Star/Isub-editor Rena Goep told us how she looked forward to a special birthday every Feb 29. Here, her hubby PAUL SI tells how she was treated to a special party under the stars.
Not keen on clean fuel
WHILE much mention has been made of vehicles that run on conventional fossil fuels, namely gasoline (petrol) and diesel, most of us forget that Natural Gas Vehicles or NGVs form a significant number of vehicles on the road, especially in continental Europe and Scandinavia.
On the Frontier
IN life, might does not make right. In a truck, it might. At least, that's what Edaran Tan Chong Motor is counting on from its new Nissan Frontier 4X4 pick-up.
Petronas unit forms S. African giant with merger
SASOL Ltd and Engen Ltd will merge their liquid fuels business to create a leading South African entity with a petrol, kerosene and diesel refining capacity of about 14 billion litres a year, a statement from Petroliam Nasional Bhd (Petronas) said.
