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The world needs flying cars

Increasing traffic congestion has made travelling on the roads a commuting nightmare.


China five years forward: The new wave

AT its 19th National Congress – held once every five years – China’s President Xi Jinping pledged on Oct 18 to usher in a new era in building socialism with Chinese characteristics.


China's Geely surges after building US$9b Daimler stake

HONG KONG: Geely Automobile Holdings Ltd's shares jumped on Monday after its chairman Li Shufu revealed he had built a US$9 billion stake in Daimler - giving him major leverage as he attempts to persuade the German carmaker to cooperate on tech.


Geely covets Daimler tech with US$9bil stake

HONG KONG: Geely Automobile Holdings Ltd’s shares jumped after its chairman Li Shufu revealed he had built a US$9bil stake in Daimler AG, gaining leverage as he tries to convince the German carmaker to cooperate on technology


Report: Geely chairman not planning more automotive deals

FRANKFURT: Li Shufu, the founder and main owner of China’s Geely, has no plans to buy further stakes in carmakers after building up a holding of almost 10% in Germany’s Daimler, he told a German newspaper.


China's Geely 2017 net profit soars amid global push

SHANGHAI: Chinese carmaker Geely Automobile Holdings Ltd, whose chairman recently took a $9 billion stake in Germany's Daimler AG, said on Wednesday its profits more than doubled in 2017, driven by strong domestic sales of popular SUVs.


Volvo’s IPO valuation isn't built for safety

Timing is everything in investing, and China’s largest homegrown carmaker has decided that this is the moment to take Volvo Car AB public, at a potentially eye-popping valuation. Buyers should be wary.


Redzuan: Malaysia's first-ever flying car to be revealed this year

KUALA LUMPUR (Bernama): Malaysia's first flying car – driven by local technology – is expected to be unveiled this year, says Entrepreneur Development Minister Datuk Seri Redzuan Md Yusof.


Third national car not a flying car, says deputy MITI minister

KUALA LUMPUR: The third national car will not be a flying car, Deputy Minister of International Trade and Industry Minister Dr Ong Kian Ming clarified, following misconceptions that the two are related projects.


Third national car project aims to integrate auto sector

KUALA LUMPUR: The development of the third national car is not for the sake of adding another brand besides Proton and Perodua. The aim is for the integration of the automotive sector to make Malaysia the vendor for industry players in Asean.