Frankie Youd

1 week ago | just-auto.com | Frankie Youd

Proton Holdings Bhd is considering assembling battery electric vehicles (BEVs) in the Central Asian country of Kazakhstan, according to local reports citing government sources. Malaysia’s first national automaker is understood to be exploring opportunities to assemble its e.MAS series of BEVs in the country. Proton launched production of its first BEV model, the e.MAS 7, in Malaysia at the end of last year. It is based on China’s Zhejiang Geely Holding Group’s Galaxy E5 model.

1 week ago | just-auto.com | Frankie Youd

New vehicle sales in the Philippines declined by just over 1% to 39,775 units in May 2025 from 40,271 units a year earlier, according to member wholesale data released jointly by the Chamber of Automotive Manufacturers of the Philippines Inc (CAMPI) and the Truck Manufacturers Association (TMA). This was the second year-on-year decline so far this year, following the market’s strong three-year rebound from the pandemic lows.

1 week ago | just-auto.com | Frankie Youd

Japan’s Nippon Steel Corporation announced that it has finalised its US$ 15 billion takeover US Steel Corporation, to form a world-leading steelmaker with “best-in-class technologies and manufacturing capabilities.”The deal came after the Japanese company agreed to grant the US government a “golden share”, giving it a “veto-like” power over the company’s strategic decisions.

1 week ago | just-auto.com | Frankie Youd

Hyundai Motor Company announced that it has established a new subsidiary in Malaysia, giving the South Korean brand a direct presence in South-east Asia’s second-largest market. The new company, Hyundai Motor Malaysia (HMM) – headquartered in Kuala Lumpur, will effectively take over as Hyundai’s distributor in the country from local conglomerate Sime Darby, while continuing to use the company’s dealer network.

1 week ago | just-auto.com | Frankie Youd

Malaysia’s new vehicle market declined by 3% to 68,007 units in May 2025 from 70,254 units a year earlier, according to registration data released by the Malaysian Automotive Association (MAA). Economic growth in the country slowed to 4.4% year-on-year in the first quarter of 2025 from a downwardly revised 4.9% growth in the fourth quarter of 2024, reflecting slowing export growth and slightly weaker domestic consumption growth.