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Paultan
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Chery Malaysia obtains SIRIM certification for EV battery; Tiggo 8 Pro e+ PHEV facelift coming in 2025?
- Chery Malaysia has received SIRIM certification for its electric vehicle battery pack, making it the first such achievement for an automotive brand in the country.
- Chery Malaysia plans to expand its range of electrified vehicle offerings in Malaysia and will introduce plug-in hybrids next year.
- Chery's current electric vehicle offering in Malaysia is the Omoda E5, which features a 61 kWh lithium iron phosphate battery and offers a range of up to 430 km.
- Chery showcased the Tiggo 8 Pro e+ facelift, a plug-in hybrid model, at a recent event in Malaysia and plans to launch it in the local market in 2025.
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Technode
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Image Credit: Technode
TuSimple rebrands as CreateAI: shifts focus from autonomous driving to AI
- Delisted autonomous driving company TuSimple has rebranded as CreateAI and shifted its focus to generative AI.
- CreateAI has launched its first large-scale model called 'Ruyi' for open-source image-to-video generation.
- The company has also secured the official license for the wuxia IP 'The Legend of the Condor Heroes' and plans to develop a large-scale open-world RPG game based on the series.
- TuSimple has undergone multiple transformations and faced challenges in recent years, with changes in leadership and partnerships.
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Motor1
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Image Credit: Motor1
The Kia Syros Is a Tiny Car With a Huge Personality
- Kia is launching the Syros in India, a small crossover positioned above the Sonet.
- The Syros features unique styling with a boxy shape and vertical headlights.
- It comes with a turbocharged 1.0-liter gas engine or a 1.5-liter diesel engine, with manual or automatic transmission options.
- The interior offers a large screens setup, wireless smartphone integration, and various advanced safety features.
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Guardian
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Image Credit: Guardian
Watchdog gives lenders a year to respond to UK car finance complaints
- The Financial Conduct Authority has given lenders a year to respond to customer complaints regarding the sale of car loans.
- Firms have until at least 4 December 2025 to provide a final response to agreements not involving a discretionary commission arrangement (DCA).
- A court ruling in October deemed it unlawful for lenders to have paid a 'secret' commission to car dealers without informing customers and obtaining their consent.
- The deadline extension will cover motor leasing as well as motor finance credit agreements.
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Dezeen
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Image Credit: Dezeen
Dezeen video profiles hanok-inspired Muuun Hotel in partnership with Kia
- Dezeen and Kia have collaborated to showcase the hanok-inspired Muuun Hotel in South Korea.
- The Muuun Hotel is designed by Nomal and Onjium Housing Studio, drawing from traditional Korean hanok housing.
- The hotel features a blend of contemporary and historic elements, with open courtyards and natural lighting in each suite.
- Dezeen's video series also features Kia's EV3 compact SUV, highlighting the minimal design and interior cabin space.
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Paultan
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OMV excise duty revisions to take effect soon – CKD car prices in Malaysia to go up by 8% to 20% in 2025?
- The Malaysian government's upcoming excise duty revisions are expected to result in significant price increases for locally-assembled (CKD) cars.
- The revisions, initially scheduled to take effect in 2020 but repeatedly deferred, will introduce a new method of calculating the open market value (OMV) of CKD vehicles, which directly impacts the tax and selling price.
- The implementation of these regulations could lead to CKD car prices going up by as much as 20%, causing potential challenges for carmakers and consumers.
- Analysts predict lower vehicle sales in 2025 due to the OMV revisions and targeted RON 95 petrol subsidies.
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Classiccars
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Image Credit: Classiccars
AutoHunter Spotlight: 1975 Rolls-Royce Silver Shadow LWB
- Featured on AutoHunter, the online auction platform driven by ClassicCars.com, is a 1975 Rolls-Royce Silver Shadow LWB.
- The Silver Shadow luxury sedan was produced from 1965 to 1980 and had advanced features for its time.
- This specific Silver Shadow is finished in Acrylic White, has a red leather interior, and is equipped with a 6.8-liter V8 engine.
- The auction for this 1975 Rolls-Royce Silver Shadow LWB will end on December 20, 2024, at 11:15 a.m. MST.
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Paultan
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Foxconn reportedly in talks with Renault to acquire stake in Nissan amidst possible Honda merger deal
- Foxconn executive Jun Seki is in France to discuss a possible stake purchase in Nissan.
- Renault, Nissan's biggest shareholder, is in talks with Foxconn about the potential deal.
- Honda is also interested in Nissan and is exploring a possible merger or capital tie-up.
- If Nissan partners with Foxconn, Honda may end its strategic software partnership with Nissan.
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Paultan
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KL-SG HSR to be revived? Cabinet to decide by Jan, followed by discussions with S’pore if ‘Yes’ – Loke
- Transport Minister, Anthony Loke, says cabinet decision on reviving KL-SG HSR project to be made in December or early January. This policy paper will not be the final verdict but for future discussions with Singapore.
- The KL-SG HSR project has been making headlines for a decade now with no decisions being finalised. It was supposed to have started construction in 2018 and to be completed by 2025.
- Both Malaysia and Singapore agreed to postpone the project in 2018 to allow for identification of cost reduction options. This postponement has resulted in Malaysia paying $15 million as compensation for the abortive costs incurred by Singapore.
- In May 2020, the deferment was further extended to December 31 of the same year. As of January 1, 2021, a joint statement confirmed that both governments had not reached an agreement and, therefore, officially called off the HSR project.
- In March 2021, Malaysia announced that it had paid $102.8 million to Singapore for costs incurred for the development of the HSR project as well as in relation to its extension of suspension.
- During July 2023, it was reported that the current Madani administration is looking for a public-private partnership model that will see the HSR built without using public funds.
- The HSR project was initially planned as a 350km double-track route with eight stops in total, including eight stops in total between Malaysia and Singapore.
- The HSR was meant to reduce rail travel time between KL and Singapore down to 90 minutes by running trains at average speeds of 300km/h.
- In 2018, an alternative upgrading existing infrastructure instead of developing a new line was proposed, estimated to cost RM20bn, compared to the HSR's cost of between RM60bn to RM70bn.
- Since the initial agreement in 2013, Malaysia has had four prime ministers and it remains to be seen what the final outcome of the HSR project will be.
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Paultan
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Hyundai and Chinese partner BAIC announce RM5 bil investment in Beijing Hyundai Motor joint venture
- Hyundai Motor and BAIC Motor will invest nearly USD1.1 billion in their Beijing Hyundai joint venture.
- The investment signifies Hyundai's commitment to the Chinese car market despite declining sales.
- The joint venture aims to develop products tailored to Chinese consumers and expand exports.
- No electric vehicles are currently listed on Beijing Hyundai's website.
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Paultan
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2025 Geely EX5 EV – registrations open for Proton eMas 7 twin in Australia; 218 PS, claimed 430 km WLTP
- Geely has opened registrations of interest for the Geely EX5 electric SUV in Australia.
- The EX5 will go on sale in the first half of next year in Australia.
- It will be powered by a 160 kW (218 PS) front-mounted electric motor with 320 Nm of torque.
- The EX5 is claimed to have a range of up to 430 km on the WLTP testing standard.
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Luxuo
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Image Credit: Luxuo
2024’s Most Sought-After Classic Cars
- Iconic Auctioneers emerged victorious in the classic car auction scene in 2024, setting world records of sales in celebrity-owned cars and Fords. The British racing driver Tim Harvey’s 1990 Ford Sierra RS500 and the two Ford RS200 models, produced in 1987 and 1989 respectively, made notable impacts with the auction house. The auctions’ real showstopper, however, was the sale of the 2010 Ford Focus RS500 Mk2. The auction house was entrusted to sell the bespoke Defender owned by Guy Ritchie and the Land Rover Heritage Defender owned by the famous actor and comedian Rowan Atkinson. One car that particularly stood out was the Peugeot 205 Turbo 16 Group B Homologation Special, which set a new UK auction record, and was valued at GBP 227,250. The auction house is confident that despite some challenges in the collectible car market in 2024, it ended the year on a high note.
- For Ford enthusiasts, Iconic Auctioneers set multiple world records for sales of Ford cars this year, including the 1990 Ford Sierra RS500 BTCC, a 1987 Ford RS200 and a 1989 Ford RS200. Iconic Auctioneers also set personal sales records with a collection of Ford Focuses manufactured in the 2000s, which includes a 2003 Ford Focus RS Mk1 and a 2010 Ford Focus RS Mk2. The latter being the most sought-after model for Iconic Auctioneers was the 2010 Ford Focus RS500 Mk2.
- Iconic Auctioneers achieved significant success in the auction of celebrity-owned cars. The auction house sold a 1980 Ferrari owned by English rock musician Chris Rea and Guy Ritchie’s 2011 Land Rover Defender. The latest Lamborghini Murciélago Manual and Diablo VT 6.0 SE Coupé models were also presented for sale. A staggering sale of GBP 425,500 was commanded by the 1985 MG Metro 6R4 'Group B'.
- Despite some fluctuations in vintage sports car sales in 2024, iconic Automobile Auctioneers ended the year with continued enthusiasm from bidders in more than 18 countries in Europe and the Americas. The classic car auction company saw renewed interest in rare and high-quality collectibles, including vintage sports cars and celebrity-owned automobiles.
- Hubbard, managing director of Iconic Auctioneers believes that one reason for the success in Fords in auctions is the company’s reputation for being "THE auction house to sell unique Fords". The auction house has currently sold ten RS200s, "more than any other auction house".
- The Peugeot 205 Turbo 16 Group B Homologation Special was the headlining car of the Competition and Collectors’ Classic Sale at Silverstone Circuit, selling for an impressive GBP 227,250.
- The auction house set an auction record for the latest Lamborghini Murciélago Manual, selling at a live auction for GBP 149,625.
- The Lamborghini DIablo VT 6.0 SE Coupé model was one of just 42 produced, providing previous owner with a desirable collector's car.
- The audio house sold the bespoke Defender owned by Guy Ritchie at a price of GBP 84,375, and Rowan Atkinson’s Land Rover Heritage Defender for GBP 83,250.
- The 1985 MG Metro 6R4 emerged as a highlight at the Supercar Fest Sale in May. It was sold for GBP 425,500. The Metro 6R4 emerged as a highly sought-after rally legend and was crafted to International Tarmac specification, ultimately commanding such a high price.
- One thing is sure, the auction of classic cars has resulted in significant sales in 2024 and the trend is expected to continue in the upcoming years as well. The iconic auctioneers believe in the enduring appeal of high-end, limited-edition vehicles encouraging enthusiasts to keep bidding.
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Motor1
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Image Credit: Motor1
Volkswagen Has Built the Final VR-6 Engine
- Volkswagen has assembled the final VR-6 engine, marking the end of its production after nearly 34 years.
- The VR-6 engine was first introduced in 1991 and has been used in various VW models as well as non-VW vehicles.
- The rise of turbocharged inline-four engines with better fuel efficiency and power made the VR-6 obsolete.
- VW's decision to discontinue the VR-6 engine is driven by the need to achieve economies of scale with modern four-cylinder engines.
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CarExpert
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Image Credit: CarExpert
Lexus axes another petrol model variant in Australia
- Lexus Australia has discontinued the ES250 petrol model variant.
- The ES range in Australia is now exclusively hybrid.
- The ES300h hybrid model remains available.
- Lexus aims to transition to 100% hybrid or electric vehicle sales by 2030.
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Indiacarnews
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Image Credit: Indiacarnews
New Kia Syros SUV – Segment’s Best Cabin Experience
- Kia Syros, the all-new sub-4-metre SUV from the South Korean automaker is unveiled with six trims and eight color options. Booking for the new Kia compact SUV will begin from 3rd January, 2024, while its price is expected to be announced in January 2025. The interior of Kia Syros boasts the most spacious, flexible, and feature-loaded cabin in the segment. Dual-pane panoramic sunroof, an 8-speaker Harman Kardon premium sound system, an electric parking brake with auto-hold, 64-color ambient mood lighting are some of its features.
- Kia has equipped its new compact SUV with several segment-first features, including the Kia Connect Diagnosis, OTA (Over-The-Air) software updates, and second-row seat recline and slide with seat ventilation, along with the best-in-segment Trinity Panoramic display.
- The Syros is available with two engine options: a 1.0L T-GDi Smartstream petrol and a 1.5L CRDi VGT diesel, and both engines come with a 2WD drivetrain system. The ADAS Level 2 system with 16 autonomous features that further enhances its safety quotient. It includes forward collision warning and avoidance assist, smart cruise control with stop-and-go, lane keep assist, parking collision avoidance assist and many more.
- Kia Syros offers boot space of 465 liters and a fuel tank capacity of 45 liters. It comes with a tallboy stance having a signature digital Tiger Face grille, Ice-Cube MFR LED headlamps, Starmap LED DRLs, Starmap LED taillamps, streamlined door handles, 17-inch crystal-cut alloy wheels, a shark fin antenna, and an integrated spoiler.
- Kia Syros is likely to be priced around Rs 1 lakh premium than the Sonet that’s currently available within the price range of Rs 8 lakh – Rs 15.77 lakh (ex-showroom).
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