Lexus RX dominates the luxury car market in Malaysia, with BMW and Mercedes-Benz close behind!
Recently, the Malaysian Road Transport Bureau (MAA) announced vehicle registration data, which can be used to view the best-selling cars in Malaysia as of October 2024. The best-selling high-end model is the Japanese Lexus RX, with a registration volume of 3,591 units, far ahead of the second place BMW 3 Series. Of the top ten models in this statistic, two models are from BMW, two models are from Lexus, five models are from Mercedes-Benz, and one model is from Porsche.It is reported that the Lex
WilliamNov 15, 2024
Global electric car sales are soaring, with China's market leading the way!
Data from market research company Rho Motion shows that in October this year, global sales of pure electric and plug-in hybrid vehicles increased by 35% year-on-year, with the Chinese market particularly impressive, with sales surging by 54%.Although the growth rate in the European market in October was only 0.8%, it has achieved year-on-year growth for two consecutive months. Data Manager Charles Lester said that the European electric vehicle market is expected to see stronger growth before the
MichaelNov 14, 2024
Nissan lays off 9,000 employees, profit halved, where is the auto giant headed?
Nissan is in trouble, announcing massive layoffs and cutbacks, and the Japanese auto giant significantly lowered its annual profit forecast on Thursday, reducing its 2024 fiscal year revenue guide from 500 billion yen to 150 billion yen, far below market expectations. In response to the continuous decline in sales in major markets, Nissan has decided to take a series of aggressive measures: laying off 9,000 people worldwide, cut production by 20%, and sell some shares of Mitsubishi Motors. These
RobertNov 8, 2024
Toyota's profit declines for the first time in recent two years, global car market cools down!
According to the financial report released by Toyota on Wednesday, the company saw of its first quarter profit decline in two years, indicating the recent continuous rise in the performance of this Japanese auto giant has encountered obstacles. Specifically, Toyota's operating profit for the quarter ended September was 1.16 trillion yen (about $7.81 billion), a year-on-year decrease of 20% to 1.4 trillion yen, which is roughly in line with the average expected by nine analysts surveyed by LSEG.
JohnNov 7, 2024
The EU imposes high tariffs on Chinese electric cars, escalating trade friction between China and Europe!
The European Commission announces that a high tariff of up to 35.3% on electric vehicles made in China, a decision that will undoubtedly exacerbate trade friction between China and Europe. This move aims to protect the domestic auto industry in Europe, dealing with the intense competition from Chinese electric vehicles. This move by the European Union has provoked strong dissatisfaction in Beijing. It is reported that China has taken countermeasures, instructing Chinese car manufacturers to
LienNov 1, 2024
Volkswagen's third-quarter profits plummet 42%!
Volkswagen reported on Wednesday that its operating profit dropped sharply by 42% in the third quarter. The main reasons for this result are the poor performance of the core passenger car division and the cost increase caused by model changes. So far, the operating sales return rate of the core division for the first nine months is only 2%. In response, Volkswagen's CFO, Arno Antlitz, said: "This shows that we urgently need to significantly reduce costs and improve operational efficiency."Analys
JamesOct 31, 2024
Suspected new Tesla Model Y Plaid spy shots exposed without camouflage, with through taillights appearing!
Recently, a group of suspected new Tesla Model Y Plaid uncamouflaged spy shots were exposed in South Carolina, USA, causing widespread attention. Different from previous spy photos, the exposed model has no camouflage at all, which made people doubt its authenticity. However, from the details of the pictures, this model could possibly be the upcoming new Model Y Plaid.The rear design of the new Model Y Plaid has become one of the highlights of this exposure. Especially the tail lights, which are
AshleyOct 31, 2024
Tesla Halloween Carnival: Cybertruck, Robotaxi Gather, Step into the Cyberpunk World
Tesla will host a special "Frunk or Treat" Halloween event at its super factory in Texas. In addition to exclusive exhibits like the first batch of Tesla Cyber trucks used for crash testing, the most eye-catching exhibit is the uncrewed Tesla Robotaxi. This self-driving car, which does not requires steering wheel or pedals, successfully exhibited at the Warner Bros. studios, with its smooth driving leaving a deep impression.The Tesla Robotaxi features upward-opening doors that resemble
JohnOct 29, 2024
Perodua and Proton: Actively Responding to Create Domestic Electric Cars!
The Malaysian government is vigorously promoting the development of electric vehicles, and local car manufacturers Perodua and Proton have responded positively. Perodua expects to launch electric vehicles priced below RM100,000 by the end of 2025. Perodua has previously displayed a prototype of an electric vehicle modified from Perodua Myvi at the 2024 Malaysian Auto Show. It's worth mentioning that Perodua will collaborate with several local universities such as the National Energy University,
WilliamOct 25, 2024
Tesla achieves outstanding performance in the third quarter, with the 7 millionth car officially rolling off the global assembly line.
Tesla recently announced that its 7 millionth vehicle worldwide has officially rolled off the production line, a milestone achieved in just seven months, demonstrating again Tesla's strong production capacity and market influence. At the same time, Tesla released its third-quarter 2024 financial report, showing that Tesla's delivery volume reached 463,000 vehicles in the quarter, setting a new record for quarterly deliveries.In China market, Tesla's Shanghai Super Factory had two important momen
JamesOct 24, 2024
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