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
Designed and engineered in Wolfsburg with input from U.S. staff, the Atlas evolved from VW’s 2013 CrossBlue concept and is starting to roll off the line in Chattanooga, TN. The automaker invested $900 million at the plant for the Atlas launch.