Malaysia's Auto Industry Hits Record 816,747 Units In 2024

KUALA LUMPUR, Jan 21 (Bernama) -- Malaysia’s automotive industry achieved a record Total Industry Volume (TIV) of 816,747 units in 2024, surpassing the 800,000-unit mark for the first time. 

Kenanga IB: Banking Sector Loan Growth Projected At 6.0 Pct In 2025

KUALA LUMPUR, Jan 3 (Bernama) -- Malaysia’s banking loan growth is projected at 6.0 per cent in 2025 amid uncertainties in foreign trade policies, said Kenanga Investment Bank Bhd (Kenanga IB). 

Kenanga IB Projects TIV To Rise To 805,000 Units In 2025

KUALA LUMPUR, Dec 30 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) projects a total industry volume (TIV) of 805,000 units for the automotive industry in 2025, a marginal increase from an estimated 800,000 units in 2024.

Malaysia's TIV For New Vehicle Sales Set To Fall To 755,000 Units In 2025 - CIMB Securities

KUALA LUMPUR, Dec 26 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by four per cent year-on-year to 755,000 units in 2025, compared with 790,000 units in 2024, according to CIMB Securities Sdn Bhd.

Automotive Sector Revs Up To Another Resilient Performance In 2024 As First National EV Debuts

KUALA LUMPUR, Dec 25 (Bernama) -- As 2024 draws to a close, the automotive industry stands out not only because of the better-than-expected vehicle sales for the third year running but also due to the much-anticipated launch of Malaysia’s very own electric vehicle (EV).

Malaysia Has Potential To Become Regional Hub For EV Production - Fadillah

KUALA LUMPUR, Dec 4 (Bernama) -- Malaysia has the potential to become a regional hub for electric vehicle (EV) production and innovation, said Deputy Prime Minister Datuk Seri Fadillah Yusof. 

Sime Darby’s Net Profit Soars To RM800 Mln In 1Q FY2025

KUALA LUMPUR, Nov 28 (Bernama) -- Sime Darby Bhd's net profit for the first quarter ended Sept 30, 2024 (1Q FY2025) surged to RM800 million, up from RM589 million in the same period last year.

MAA Projects Malaysia's 2024 Vehicle Sales To Increase To 800,000 Units

KUALA LUMPUR, Nov 14 (Bernama) -- The Malaysian Automotive Association (MAA) has projected Malaysia's 2024 total industry volume (TIV) for motor vehicle sales at 800,000 units, an increase of 35,000 units or 4.57 per cent from the previous estimate of 765,000 units.

Malaysia's New Vehicle Sales Fall 4 Pct In Oct 2024 -- MAA

KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia’s new vehicle sales fell by four per cent to 69,859 units in October 2024 compared to 76,173 units in the same month last year, according to the Malaysian Automotive Association (MAA).

Malaysia Poised To Become ASEAN's Regional Hub For EV Manufacturing -- Liew Chin Tong

KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia has significant potential to become a regional hub for electric vehicle (EV) manufacturing in ASEAN, thanks to its 40-year history in automotive production since 1983 and its strong semiconductor cluster, said Deputy Minister of Investment, Trade and Industry Liew Chin Tong.

Malaysia's Journey To Net-Zero Emissions: TNB Leads The Charge

By Zairina Zainudin

KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia's ambitious goal of achieving net-zero emissions by 2050 reflects a commitment not only to global climate targets but also to sustainable development and economic resilience.

Proton October Sales Up 13.6 Pct, YTD Hits 125,557 Units

KUALA LUMPUR, Nov 5 (Bernama) -- Proton Holdings Bhd reported sales of 12,799 units for domestic and export markets in October, a 13.6 per cent increase over the previous month’s 11,269 units, raising its year-to-date (YTD) sales volume to 125,557 units.