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
An industry group says anticipation of the launch of the locally built Perodua Axia and Proton Iriz curtailed bookings for other models, and stricter requirements for vehicle loans impacted sales, as well....More
The new policy’s goals include promoting a competitive and sustainable domestic automotive industry; making Malaysia the regional hub in production of energy-efficient vehicles; and supporting increased exports of vehicles and components....More
Industry analyst Kavan Mukhtyar says the government’s national automotive policy, expected to be announced in mid-January, will be the catalyst to transform Malaysia into a production hub for energy-efficient vehicles by 2020....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
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
We call out vehicles with problematic fit-and-finish, materials, ergonomics or unfortunate design choices. Each of these items resulted in points deducted as WardsAuto editors selected the 2016 Wards 10 Best Interiors.