Hyundai and BAIC Bolster China Joint Venture with $1.1 Billion Investment Amid Sales Decline
Hyundai Motor and BAIC Group are committing $1.1 billion to revive their struggling joint venture, Beijing Hyundai Motor Co., as they aim to reposition themselves in China’s fiercely competitive auto market. The funding is set to stabilize the joint venture’s financial health and accelerate its transition toward electric vehicles (EVs), a segment dominated by domestic […]
Farewell to a Legend: Volkswagen Ends Production of Iconic VR6 Engine
After nearly 34 years of production and 1.87 million units, Volkswagen has officially retired its legendary narrow-angle VR6 engine. The final unit of the six-cylinder powerhouse was built on December 12, marking the end of an era for an engine that became synonymous with innovation and versatility. The Birth of the VR6 Introduced in 1991, […]
Nissan Launches Early Bird Promo for the KICKS e-POWER in Malaysia
Nissan Malaysia is creating a buzz with the launch of its exclusive Early Bird Promo for the highly anticipated Nissan KICKS e-POWER. This exciting initiative, available for a limited time, offers customers attractive incentives, making it the perfect opportunity to drive home Nissan’s revolutionary hybrid SUV. What is the Nissan KICKS e-POWER? The KICKS e-POWER […]
Next-Gen Fiat 500 To Arrive in 2032 Despite Sales Struggles
Stellantis is going through a tough time after CEO Carlos Tavares suddenly stepped down. Despite this, the company has confirmed that a new Fiat 500 will arrive in 2032. However, the current electric Fiat 500e sales have been slow, leading to production pauses. Keeping the Fiat 500 in Turin The Fiat 500, a popular city […]
Chery Malaysia Achieves SIRIM Certification for EV Batteries
Chery Malaysia has become the first automotive brand in the country to receive the prestigious SIRIM certification for its Electric Vehicle (EV) Battery Pack – Lithium Battery. This landmark achievement, awarded by SIRIM QAS International, Malaysia’s leading certification, inspection, and testing body, highlights Chery’s commitment to maintaining the highest quality and safety standards. Chery Malaysia’s […]
Mazda’s Iconic SP: Concept Moves Closer to Production
Over a year has passed since Mazda introduced the Iconic SP concept at the Japan Mobility Show, hinting at the return of its iconic RX series. The sleek two-seater coupe with a two-rotor engine sparked excitement and speculation about the revival of the RX line. Now, Mazda’s CEO, Masahiro Moro, has confirmed that work on […]
EV Battery Prices Hit Record Low, Sparking Optimism for Mass Adoption
Electric vehicle (EV) battery packs are now more affordable than ever, with average costs dropping 20% in 2024 to $115 (RM517) per kilowatt-hour (kWh), according to BloombergNEF’s annual battery price survey. This sharp decline, the most significant since 2017, is attributed to an oversupply of production capacity, reduced prices for raw materials and components, and […]
Petrol Stations Report RM181 Million Losses After Diesel Price Float
A total of 3,500 petrol stations across Peninsular Malaysia have reported collective losses amounting to RM181 million following the government’s decision to float the price of diesel in June this year. The financial strain has prompted a call for urgent reforms in the pricing mechanisms governing the fuel industry. According to The Star, Datin Hanny […]
Maserati and Sparco Bring Bespoke Racing Kits
Maserati Corse has announced a collaboration with Sparco, bringing fans of the iconic Trident brand closer to the heart of motorsport. The partnership introduces two bespoke racing kits—“Replica” and “MCXtrema”—designed to embody the pinnacle of performance, innovation, and craftsmanship. This initiative celebrates a shared passion for excellence and reaffirms Maserati and Sparco’s dedication to pushing […]
Das Treffen 9: A Celebration of Porsche Passion in Southeast Asia
On December 15, 2024, the ninth edition of Das Treffen—the ultimate gathering for Porsche enthusiasts—brought the karting circuit at Impact Speed Park in Muang Thong Thani, Bangkok, to life. What began as an intimate meet-up among friends with a shared love for Porsche, envisioned by founder Sihabutr Xoomsai (fondly called Tenn), has grown into a […]