9m ago
KUALA LUMPUR, March 20 (Bernama) -- ASEAN member states are working towards introducing a standard electric vehicle (EV) policy as part of efforts to strengthen regional sustainability initiatives and accelerate the transition to clean energy.
9m ago
KUALA LUMPUR, March 13 (Bernama) -- Malaysia remains committed to facilitating new investments while addressing challenges arising from the geopolitical and geoeconomic landscape, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
10m ago
KUALA LUMPUR, Feb 27 (Bernama) -- DRB-HICOM Bhd posted a significantly lower net profit of RM22.55 million for the financial year ended Dec 31, 2024 (FY2024), compared to the RM238.88 million net profit recorded in FY2023.
10m ago
KUALA LUMPUR, Feb 27 (Bernama) -- The total industry volume (TIV) in January 2025 declined by 40 per cent to 48,732 units compared with 81,735 units in December 2024, according to the Malaysian Automotive Association (MAA).
10m ago
KUALA LUMPUR, Feb 21 (Bernama) -- Petronas Dagangan Bhd’s (PetDag) shares on Bursa Malaysia emerged as the top gainer in early trade, rising 5.5 per cent, after posting stronger results in the financial year ended Dec 31, 2024 (FY2024).
10m ago
KUALA LUMPUR, Jan 31 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by seven per cent year-on-year to 760,000 units in 2025 from last year’s 816,674, said CIMB Securities Sdn Bhd.
11m ago
KUALA LUMPUR, Jan 28 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained its 2025 total industry volume (TIV) forecast of 805,000 units for the automotive industry, supported by forward buying interest following the deferment of new excise duty regulations.
11m ago
KUALA LUMPUR, Jan 20 (Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) and Universiti Teknologi Malaysia (UTM) have signed a memorandum of understanding (MoU) to collaborate on the development of next-generation electric vehicles (xEV).
11m ago
KUALA LUMPUR, Jan 15 (Bernama) -- The Malaysia Automotive, Robotics and IoT Institute (MARii) has appointed Datuk Dr Aminar Rashid as the chairman of its board of directors (BOD), effective immediately.
11m ago
KUALA LUMPUR, Dec 30 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) projects a total industry volume (TIV) of 805,000 units for the automotive industry in 2025, a marginal increase from an estimated 800,000 units in 2024.
1y ago
KUALA LUMPUR, Dec 26 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by four per cent year-on-year to 755,000 units in 2025, compared with 790,000 units in 2024, according to CIMB Securities Sdn Bhd.
1y ago
KUALA LUMPUR, Dec 25 (Bernama) -- As 2024 draws to a close, the automotive industry stands out not only because of the better-than-expected vehicle sales for the third year running but also due to the much-anticipated launch of Malaysia’s very own electric vehicle (EV).