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Proton Partners With E-Bidding Companies

Proton has established formal strategic alliances with three reputable E-Bidding Companies (EBC) to improve the way that trade-in vehicles are disposed of for customers. The company is certain it has made great progress towards providing a quicker and more effective means for clients to own new cars by working with EBCs myTukar, MUV, and Carsome.

It has become clear that customers need a better option to trade in and get rid of their old cars as sales volume keeps increasing. Customers may expect a variety of advantages from these collaborations, including improved convenience, reliability, competitive trade-in values, pricing transparency, safe payment and ownership transfer, daily auctions, quicker disposal, and thorough inspections.

Customers will be able to send their vehicles for auction through an easy-to-use online portal thanks to Proton’s relationship with EBCs. Customers might save time and effort by not having to visit numerous dealerships or haggle with potential buyers as a result.

Customers will be able to earn competitive trade-in values for their cars through an honest and open auction system. Consumers receive a flawless experience thanks to the clear pricing approach, which guarantees that consumers can make knowledgeable decisions during the trade-in process. The payment and ownership transfer processes are also accelerated to reduce any potential delays or issues.

Perodua Sales Better Than 2022, And It’s About To Get Better

Perodua has been on a sales rampage of sorts. In comparison to the 131,641 cars produced in the same period of 2022, Perodua produced 153,813 cars in the first half of 2023, which is a 17% increase.

In the first half of 2023 (1H23), registrations increased by 13.6% to 144,690 vehicles from 127,343 units sold during the same time in the previous year as a result of this manufacturing achievement.

With a total of 40,555 units sold between January and June, the Perodua Bezza has been the brand’s best-selling model thus far this year. The Perodua Myvi and Perodua Axia have each sold 32,319 and 28,199 units, respectively.

Perodua also stated that it will continue to increase its operational efficiencies, and as a result, is on track to fulfil its 330,000 production and 314,000 registration targets.

When comparing quarter to quarter, Perodua produced 69,013 automobiles in 2Q23, up 1% from 68,316 at the same time last year.

According to Perodua, one of the significant advancements it has made is a reduction in the tact time (the amount of time it takes to build a vehicle) at the Perodua Global Manufacturing plant (PGMSB) from 1.35 minutes to 1.25 minutes.

The recently launched Axia E was well received and the ready stock of 2,500 vehicles were completely distributed within 48 hours.

In addition to that, Bank Negara Malaysia kept its overnight policy rate steady at 3% which helped ease the financial cost of Perodua’s lower income earning customers.

Chery Re-Enters Malaysia With RM170 Million Investment

To spearhead its salvo at the ASEAN market, Chery has selected Malaysia as its regional hub for Right-Hand Drive (RHD) vehicles. This is a significant turning point for Malaysia’s automotive industry, where a known Chinese OEM has a longstanding presence.

For its growth plans in Malaysia, the Chinese automaker has agreed to invest an initial capital of RM170 million.

According to Tengku Zafrul, it is anticipated that the ASEAN EV market would expand by approximately 33% annually, reaching US$2.7 billion (RM12.6 billion) by 2027. From the standpoint of the manufacturing sector, mass electrification in the automotive industry fits in well with our national ESG and net zero strategy. To that end, Malaysia’s attempts to decarbonize its economy will be aided by the release of Chery’s new electric vehicle (EV) models, which will also help expand the country’s EV market.

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Chery Launches The Omoda 5: 156hp, 230Nm – RM108,800!

While Chery may have not have enjoyed a good brand perception 20 years ago, they have improved and now have the numbers to support R&D to develop their own technologies and invest in the most advanced manufacturing techniques to attain excellent quality.

Chery recently launched the Omoda 5 and the Tiggo 8 Pro and we were taken away by the pricing! For this article we will focus on the Omoda 5. It aims to compete with cars like the Honda HR-V and Proton X50 in the lucrative B-segment crossover market.

The Omoda 5 comes in two variants: The Omoda 5 C (comfort) and the Omoda 5 H (honor).

The Omoda 5 measures at 4400 mm in length, 1830 mm in width and 1588 mm in height and is capable of seating 5. It is built on the Modern T1X Platform. All variants include split LED headlights and 18-inch black alloy turbine wheels.

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All-New Alphard And Vellfire Available For Booking, Toyota Continues Market Dominance

UMW Toyota Motor maintained its market dominance in June, earning remarkable sales figures of 8,559 units for Toyota and 110 units for Lexus. Toyota and Lexus combined total sales for June 2023 reached 8,669 units, exceeding the 8,004 units reported in May 2023.

Year-to-date sales for June 2023 have shown excellent growth, with a total of 48,659 units sold. This result indicates a strong 6.0% increase over the 45,911 units sold year to date in June 2022.

Another major highlight for the month of June was the unveiling of the highly anticipated all-new Toyota Innova Zenix, featuring both Hybrid Electric Vehicle (HEV) and Internal Combustion Engine (ICE) models. This introduction was a big step forward in the company’s persistent commitment to carbon-neutrality and sustainability.

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Caterham Project V Sneak Peak Before Official Debut

Caterham was a stand-alone corporation until it was acquired by Team Lotus in 2011, resulting in the formation of the Caterham Group. You may remember a group of Malaysians being involved, including a certain Tan Sri Tony Fernandes.

Later in 2021, Caterham Cars was acquired by VT Holdings, the Japanese importer of the Caterham Seven since 2009.

Recently, Caterham teased the front end of the Project V, and now we’re getting a glimpse at the back end a week before the complete product makes its debut at the Goodwood Festival of Speed.

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EV Batteries Still A Great Concern For Insurers

Thatcham Research has stated that a lack of data on EV batteries continues to present problems for insurers who are obliged to write off EVs after minor accidents, possibly jeopardising EV adoption.

In a report titled “Impact of BEV Adoption on the Repair and Insurance Sectors,” which the UK Government’s innovation agency Innovate UK funded to examine differences between EVs and fossil-fuel models, the British automotive risk intelligence company cited a “concerning lack of affordable or available repair solutions and post-accident diagnostics.”

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Volkswagen Tiguan Allspace Family Now Available With IQ.Drive

Updated IQ.Drive features for the Tiguan Allspace family, which comes in three different variants—the R-Line 4Motion, the Elegance, and the Life—have been announced by Volkswagen Passenger Cars Malaysia (VPCM).

The rejuvenated Tiguan family now offers a number of new IQ.Drive functions such as Front Assist, Adaptive Cruise Control, Side Assist, Rear Cross Traffic Alert, and Lane Assist. Additionally, wireless charging is now standard for all models.

A 9.2″ Discover Pro infotainment system with wireless App-Connect and a Digital Cockpit are among the connectivity technologies included in the interiors of the three models.

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Mercedes-Benz Malaysia Apprenticeship Program Now Accepting Applications

Applications are now being accepted for the 2023 Advanced Modern Apprenticeship programme at Mercedes-Benz Malaysia Training Academy. The programme provides a platform for young Malaysians who want to work for one of the most prominent firms in the world as passenger car technicians.

Since 1984, the Training Academy of Mercedes-Benz Malaysia has produced over 900 apprentices who are currently employed in a variety of jobs and specialisations within the brand’s approved dealer network. Since 2017, the programme has had 500 candidates on average yearly.

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Proton Sells 77,321 Units In First Six Months Of 2023

Proton achieved a productive first half of 2023 by attaining its highest overall sales figures since 2012. With 14,351 units sold in June (domestic + export), total sales have reached 77,321 units, an increase of 28.6% over the same month last year and more than three times faster than the industry’s overall sales growth.

Total industry volume (TIV) is predicted to be 61,900 units in June, translating to a market share for Proton of 23.2%. Year-to-date market share has climbed once more to 21.3%, an increase of 3.2% over the same period in 2022.

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