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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.
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.
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.
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.
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.
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.
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.
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.
SCHOOLS practising green initiatives were once again rewarded in Seberang Prai City Council’s (MBSP) Green School Award.
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.