Automotive Sector TIV Rises 31 Pct To 63,906 Units In February -- MAA

KUALA LUMPUR, March 19 (Bernama) -- The automotive total industry volume (TIV) recovered in February, increasing 31 per cent month-on-month to 63,906 units compared to 48,732 units in January, the Malaysian Automotive Association (MAA) reported.

LyondellBasell, Covestro Announce Permanent Closure Of Maasvlakte PO11 Unit

KUALA LUMPUR, March 19 (Bernama) -- LyondellBasell (LYB) and Covestro have jointly decided to permanently close the Propylene Oxide Styrene and Monomer (POSM) production unit (PO11) at the Maasvlakte site in the Netherlands.

TIV For Automotive Sector Down 40 Pct To 48,875 Units In January 2025 - MAA

KUALA LUMPUR, Feb 27 (Bernama) -- The total industry volume (TIV) in January 2025 declined by 40 per cent to 48,732 units compared with 81,735 units in December 2024, according to the Malaysian Automotive Association (MAA).

Hong Leong Asset Declares RM241 Mln income Distribution For 7 Funds 

KUALA LUMPUR, Feb 18 (Bernama) -- Hong Leong Asset Management Bhd (HLAM) has declared income distribution worth RM241 million for seven funds for the Jan 1 - Dec 31, 2024 period.

Petronas Unit Monitoring Low Production Of Oil And Gas In Peninsular Malaysia

By Siti Radziah Hamzah

KUALA LUMPUR, Feb 17 (Bernama) -- Petroliam Nasional Bhd's (Petronas) wholly-owned subsidiary Petronas Energy & Gas Trading (PEGT) is closely monitoring the low oil and gas production in Peninsular Malaysia and proactively collaborating with stakeholders to ensure a continued and stable gas supply in the country. 

Turkiye Aims To Double Trade With Malaysia To US$10 Bln As Economic Ties Deepen

PUTRAJAYA, Feb 10 (Bernama) -- Turkiye aims to double its trade with Malaysia to US$10 billion after surpassing the US$5 billion mark in 2024, President Recep Tayyip Erdogan announced today.

MAA, MARii Forge Partnership On Automotive Exhibitions

KUALA LUMPUR, Jan 21 (Bernama) -- The Malaysian Automotive Association (MAA) has signed a memorandum of understanding (MoU) with the Malaysia Automotive Robotics and IoT Institute (MARii) to collaborate on organising automotive exhibitions and motor shows on an alternate-year basis.

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. 

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. 

KLIMS 2024 To Showcase Cutting-edge Automotive Innovations, Targeting 250,000 Visitors

KUALA LUMPUR, Nov 14 (Bernama) -- The Kuala Lumpur International Mobility Show 2024 (KLIMS 2024) is set to offer the public an opportunity to experience the latest innovations in the mobility and automotive industry.

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.