Proton targets 200,000 sales in 2026 as xEV share reaches 17%
KUALA LUMPUR: Proton Holdings Bhd expects its total vehicle sales to reach 200,000 units in 2026, which will mark its highest annual sales performance in 15 years, following a strong first-half (1H) performance.
VW CEO faces workers angry over his plan to cut 100,000 jobs
Volkswagen AG Chief Executive Officer Oliver Blume will confront workers on Tuesday over his plans to radically shrink the carmaker, a test of his ability to push through sweeping changes at speed.
Thai auto centre faces pressure amid price wars
BANGKOK: Japanese carmakers will not relocate manufacturing hubs instantly, but the current flood of Chinese electric vehicles (EV) is catalysing price wars in the Thai market, according to Dr Archanun Kohpaiboon.
High oil prices, subsidies, affordable models rev up Europe EV sales
BRUSSELS: Electric vehicle (EV) sales have accelerated across much of Europe as high oil prices, subsidies and availability of more affordable models encourage consumers to ditch their combustion-engine cars, according to data shown to Reuters.
Resilient auto sales offset by margin pressures
While Malaysia's automotive total industry volume (TIV) remains resilient, analysts are seeing a mixed operating environment even as sales volumes strengthen.
Chinese automakers building more factories overseas
CHINESE automakers are accelerating their global expansion by integrating their entire industry chains into local economies, providing safe, eco-friendly and smart mobility solutions that boost local employment and economic growth worldwide.
National brands gain share as others slide
Malaysia's automotive sector is expected to maintain its resilience through the rest of 2026, supported by sustained demand for affordable models, strong order backlogs and a pipeline of new launches, although intensifying price competition is likely to pressure margins.
Proton posts second-highest monthly sales of 2026 in July
KUALA LUMPUR: Proton recorded its second-best monthly sales performance of 2026 in July, delivering 18,442 vehicles, up 14.9% from June, driven by steady demand for its internal combustion engine (ICE) and electrified vehicle (xEV) models.
Govt mulls levy on EV sales to fund public charging network
KUALA LUMPUR: The government is considering imposing a levy on every electric vehicle (EV) sold to establish a fund for expanding Malaysia's public EV charging network, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said.
Perodua slashes Axia prices by up to RM4,700
KUALA LUMPUR: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) has reduced the price of its Axia model, Malaysia's most affordable compact car model, by up to RM4,700, effective immediately.
