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IRIS Corp Bhd, which has seen the entry of new shareholders, is looking at putting in a bid to join the bidding for the mandate to undertake a government road tax and insurance initiative for the launch of a connected cars project. The other company which is interested in this project is Green Packet Bhd.
THERE was a time when European cars were made for a niche market and more than a decade ago, most of these vehicles were associated with luxury and an opulent lifestyle that many people could only dream about.
KUALA LUMPUR: Two leading luxury carmakers have questioned plans by the Government to link the petrol subsidy to engine capacity, saying such a scheme overlooks fuel efficiency and also incentives to manufacturers under the revised National Automotive Policy (NAP).