Auto sector eyes stronger 2H performance
The automobile and components sector's growth outlook remains tepid as earnings risks from intensifying market competition and unfavourable foreign exchange movements loom over automakers.
Proton posts strongest first-half sales in 15 years, surpasses 100,000 units
KUALA LUMPUR: Proton Holdings Bhd recorded its strongest first-half sales performance in 15 years after delivering more than 100,000 vehicles in the first six months of 2026.
German carmakers face next round of cutbacks
Around March last year, Volkswagen AG (VW) had settled on a hard-won plan to cut 50,000 jobs to revive profits and shore up its troubled German operations.
Used car market stable on value-conscious buyers
PETALING JAYA: The outlook for Malaysia's used car industry this year is expected to remain stable, underpinned by sustained demand from value-conscious consumers seeking cost-effective and dependable transportation.
Bermaz Auto terminates Deepal EV distributorship in Malaysia
KUALA LUMPUR: Bermaz Auto Bhd (BAuto) has mutually terminated the distribution agreement for the Deepal electric vehicle (EV) brand in Malaysia with China's Mobitech Co. Ltd.
Volkswagen CEO aims to cut up to 100,000 jobs in next years, Manager Magazin reports
BERLIN: Volkswagen CEO Oliver Blume aims to slash up to 100,000 jobs from its current workforce worldwide over the next few years, Manager Magazin reported on Friday.
MAA hopes govt will extend additional 100-litre subsidised diesel to MPV owners
KUALA LUMPUR: The Malaysian Automotive Association (MAA) hopes the government will consider extending the application for the additional 100 litres of subsidised diesel to multi-purpose vehicle (MPV) owners.
China sees autos as a consumption lever
CHINA unveiled on Tuesday a list of 40 pilot cities for automobile consumption-boosting initiatives, a move aimed at removing unreasonable restrictions and cultivating new consumption scenarios that integrate commerce, tourism, culture and sports.
Inokom stays ahead of the curve by building on global automakers’ trust
Malaysia's automotive assembly capabilities have been further strengthened by Inokom Corp Sdn Bhd, whose contract assembly operations have earned the trust of leading global automotive brands through consistently high manufacturing standards.
Auto sector holds steady
The automotive market in Malaysia has remained relatively insulated despite rising fuel prices stemming from the Middle East conflict and reduced traffic through the Strait of Hormuz.
