More Chinese automakers hit top global sales ranks
CHINESE automakers have overtaken Japanese peers in global sales for the first time in decades.
Guarded outlook for automotive sector
Analysts are mostly cautious on the automotive sector, as the weakness in total industry volume (TIV) is expected to cloud the sector's outlook moving forward.
Chinese automakers ride EV wave with strong 2025 growth
CHINESE automakers Geely and Chery reported strong earnings for 2025, with new energy vehicles and overseas expansion driving growth.
Kia targets 13 EV models by 2030, expands global production footprint
SEOUL: South Korean automaker Kia plans to roll out 13 electric vehicle (EV) models by 2030 and broaden its manufacturing presence across major global markets, according to the company's chief executive officer (CEO).
Stronger ringgit to cushion automotive sector earnings this year
The automotive sector earnings are projected to remain under pressure in 2026, on the back of lower sales volumes and rising operating costs due to intensified promotional efforts.
February vehicle sales take a dip
The automotive sector is expected to rebound this month, with sales projected to improve on the back of festive demand tied to Hari Raya Aidilfitri, following a softer performance in February due largely to seasonal factors.
Switch to BEVs likely to be longer than expected
PETALING JAYA: The local automotive sector may see a gradual move to battery electric vehicles (BEVs) in five years or more due to the general preference among motorists for internal combustion engine (ICE) for now.
Banks introduce goodwill discounts for early settlement of hire-purchase loans from June
KUALA LUMPUR: Banks in Malaysia will introduce changes to hire-purchase financing practices following the implementation of the Hire-Purchase (Amendment) Act 2026 (HPAA), which takes effect on June 1, 2026.
EV adoption gains momentum in auto sector
The automotive sector's earnings delivery saw a strong recovery boost from robust year-end sales promotions in the recently concluded fourth quarter of financial year 2025 results season.
EPMB targets to assemble 120-180 MG S5 EV units per month
ALOR GAJAH: EP Manufacturing Bhd (EPMB) aims to assemble 120-180 MG S5 Electric Vehicle (EV) units per month for the domestic market this year.
