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Building Malaysian economy based on digital competency

THE Pakatan Harapan government has been in place for almost a year.

Geely aims to sell one million Proton cars in 10 years

HANGZHOU: China’s Zhejiang Geely Holding Group, which has a 49.9% stake in Proton Holdings Bhd, has raised its 10-year projection for the sale of Proton cars by over 100% to one million units.

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.

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.

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.

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.

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.

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.