President and CEO Aminar Rashid Salleh is quoted as saying the transition to aluminum not only will improve fuel economy but also help the Malaysian automaker reach its goal of reducing costs 20%-30% by 2015....More
Sales slumped as consumers took a wait-and-see attitude toward the government’s price-rollback pledge. The market revived when a top industry official urged would-be buyers not to wait, as the cuts will be phased in over the next five years....More
Consumers may be holding off vehicle-buying decisions to see what prices do after the government’s election-campaign promise to reduce the cost of new autos and make changes in national automotive policy....More
Despite the year-on-year gain, April sales fell 9% from prior-month because of uncertainty in the market over the general election, which the ruling party predictably won amid claims of fraud by the opposition....More
A robust first-quarter output schedule calls for the completion of 4,237,400 vehicles, more than for any similar quarter since 2003, when 4,233,600 assemblies were logged in North American plants in...
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