A major shareholder in Perodua says the Malaysian automaker will launch a competitively priced energy-efficient vehicle (EEV) in the second half of the year. UMW Holdings President and Group CEO Hisham Wazir says the launch is expected to help the company keep its lead in the automotive market. Malaysia’s The Star newspaper reports Hisham made the comment after his company’s annual general meeting. UMW Holdings has a 38% stake in Perodua. “It will be something related to ...

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