The May result saw new-car sales drop 8.0% to 45,874 units for a 5-month total down 3.7% at 235,838. The much smaller commercial-vehicle segment fell 11.5% to 5,380 units for a year-to-date total off 2.7% at 28,909....More
The Myvi is based on the Daihatsu Boon, and came about from Perodua’s collaboration with Daihatsu. The Toyota affiliate also is working with Perodua on development of the Malaysian automaker’s first sedan....More
Trade and Industry Minister Mustapa Mohamed says Proton adopted this collaborative approach because it is more economical. He says developing its own car would have cost the automaker between $500 million and $2 billion....More
In the initial aluminum-to-steel production program, GM will be moving cautiously, replacing only a couple of the rivets currently used to test the manufacturing process and prove part durability before moving on to more extensive applications....More
Each vehicle nominated for Wards 10 Best Interiors is scored based on aesthetics and design harmony as well as materials, ergonomics, safety, comfort, value and fit-and-finish. Editors also test the user-friendliness of the human-machine interface.
Last year, Hyundai was the first automaker in the world to sell a vehicle powered by a hydrogen fuel cell. Hyundai Vice Chairman Woong-chul Yang makes it clear the automaker plans to be a trailblazer in hybrids as well as fuel cells....More
New-car sales in China are expected to grow at least 5% this year. But margins on those sales, already small, have vanished for many dealers. Retailers now are looking to look to areas such as finance and insurance and used-car sales for profits....More