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New developments from X70 CKD output
TANJUNG MALIM: The kick-start of Proton sport utility vehicle, X70, completely-knocked-down (CKD) production has unofficially set off new developments in Malaysia’s automotive vendor ecosystem, International Trade and Industry Minister Datuk Darell Leiking said.
Argo takes different road to skirt self-driving challenges
Sky's the limit optimism about self-driving cars is giving way to tougher questions about how expensive automotive artificial intelligence will ever make a profit.
BAuto sees satisfactory performance for remainder of FY20
PETALING JAYA: Bermaz Auto Bhd (BAuto) anticipates a satisfactory performance for the remainder of its current financial year ending April 30,2020, underpinned by steady demand for its Mazda models.
Vietnam’s richest man bets US$2bil to sell cars to US
Hanoi: The billionaire behind six-month-old Vietnamese auto startup VinFast plans a feat even Toyota Motor Corp and Hyundai Motor Co couldn’t pull off during their early days: sell a car in the United States.
Vietnam’s richest man bets US$2bil to sell cars to Americans
Pham Nhat Vuong, the South-East Asian country’s richest man and now in charge of the new automaker, is so intent on exporting electric vehicles to the lucrative American market in 2021 that he’s plowing as much as US$2bil of his own fortune to reach that goal, a feat even Toyota Motor Corp. and Hyundai Motor couldn’t pull off during their early days.
A US$1b grudge drove GM’s shock suit against Fiat Chrysler
SOUTHFIELD: General Motors Co. executives had laid the groundwork for a new labour agreement with the United Auto Workers union in September 2015. The company had met most of the union’s demands with a proposal that would have boosted pay and benefits by almost $1 billion over four years.
The plan to turn your car into a virtual ATM
A former trader launched a non-profit that aims to turn cars into rolling wallets able to autonomously make and receive payments in a virtual currency.
Schneider banking on growth despite challenging environment
SINGAPORE: In an increasingly challenging economic environment where growth is seemingly becoming a taboo word, one MNC believes that for it, growth is very much intact.
It pays to think green
SCHOOLS practising green initiatives were once again rewarded in Seberang Prai City Council’s (MBSP) Green School Award.
Nazi-era Porsche fails to sell after auction blunder
The Porsche Type 64 car was expected to change hands for more than US$20mil (RM83mil) in Monterey, but the event plunged into chaos when initial bid increments were shown incorrectly on a media screen.