Mercedes-Benz Malaysia to expand EV portfolio with all-electric C-class
KUALA LUMPUR: Mercedes-Benz Malaysia plans to expand its electric vehicle line-up by introducing the all-electric C-Class as it has seen stronger growth in demand for battery electric vehicles (BEVs) in the country.
Thai EV import tax rises to 30% to aid local automakers
Thailand has approved a higher excise tax on some fully imported electric vehicles (EV), stepping up efforts to protect its auto-manufacturing base and encourage automakers to produce locally.
Proton October sales hit 21,624 units, second-highest this year
KUALA LUMPUR: Proton Holdings Bhd recorded sales of 21,624 units in October, its second-highest monthly performance this year and its strongest start to the fourth quarter since 2005.
Thailand raises tax on fully imported EVs to 35%, finance minister says
BANGKOK: Thailand's cabinet on Tuesday approved an increase in the excise tax on fully imported electric vehicles to 35% from 10%., the finance minister said, part of a new tiered tax structure aimed at encouraging investment and local production.
EPMB begins production of two GWM models in Melaka
KUALA LUMPUR: EP Manufacturing Bhd (EPMB) has commenced production of the GWM Wey G9 HEV and EC15S hybrid vehicles at its automotive manufacturing facility in Pegoh, Melaka.
Petrol vehicle resales weaken as NEVs gain popularity
Petrol vehicles are losing their advantage in resale value in China, as price competition and rapid technological change reshape the country's automotive market.
Chinese carmakers overtake Japan in Europe
SHENZHEN: Chinese automakers outsold Japanese rivals in Europe for the first time over a full quarter, underscoring how quickly brands like BYD Co and Chery Automobile Co are gaining ground in the region.
Auto sector eyes solid fourth-quarter sales recovery
The contraction in total industry volume (TIV) sales for September was expected with analysts expecting fourth quarter of financial year 2026 (4Q26) TIV to remain strong, supported by strong demand, promotional campaigns and new model introductions.
National carmakers to sustain 2026 sales momentum
National carmakers are expected to sustain their sales momentum into 2026, supported by Perodua's strong position in the entry-level and affordable segments and Proton's robust sales growth, according to Hong Leong Investment Bank (HLIB) Research.
BYD Sime Motors expands Klang Valley network with new Rawang showroom
KUALA LUMPUR: BYD Sime Motors has expanded its retail network in the Klang Valley with the opening of a new showroom in Rawang, Selangor.
