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Despite efforts to rationalise diesel subsidies, the government continues to shoulder a substantial burden, amounting to RM10 billion annually, as disclosed by the Finance Ministry in a parliamentary written reply.

Breakdown of Subsidies

According to NST, the ministry revealed that this annual subsidy includes RM4 billion earmarked for the public transport and logistics sectors. Diesel prices are maintained at RM1.88 per litre for 10 types of public transport vehicles and RM2.15 per litre for 23 types of logistics vehicles.

In addition, RM3.3 billion is allocated for diesel users in Sabah and Sarawak, who benefit from the RM2.15 per litre rate. Fishermen receive RM1.2 billion in subsidies, with diesel priced at RM1.65 per litre. Another RM1.8 billion is provided through the cash assistance programmes Budi Individu and Budi Agri-Komoditi.

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The Bugatti W16 Mistral marks a significant milestone as the first open-top model from the brand since 2015 and the swan song for the legendary W16 engine. This car is now entering its final evaluation phase, underscoring Bugatti’s relentless pursuit of excellence and performance.

An Engineering Marvel

At the core of the Mistral lies the ultimate iteration of the W16 engine, complemented by meticulously refined aerodynamic features and a completely reengineered monocoque. Achieving a top speed exceeding 420km/h while maintaining unparalleled performance, acoustic excellence, and luxury is a feat of engineering precision.

Bugatti’s dedication to the highest standards of performance, safety, and durability has driven an exhaustive testing program for the Mistral. Every aspect of its design has been rigorously evaluated to create Bugatti’s ultimate roadster.

Stringent Safety and Performance Testing

The Mistral has successfully undergone stringent crash tests, ensuring occupant protection in the event of a collision. These tests, essential for homologation in various markets, comply with international safety standards for North America and Europe.

Following aerodynamic evaluations in October and rigorous dynamometer testing of the W16 engine and transmission, Bugatti is now conducting a series of tests to assess the Mistral’s performance under various driving conditions. These tests cover safety, emissions, endurance, and drivability.

Endurance and Durability

The road tests for the Mistral are comprehensive, with Prototype 2 having already covered 32,000 km. These tests span diverse terrains, from high altitudes to sea level, and heavy traffic conditions. Looking ahead, Bugatti plans to add another 5,000 km on the track, pushing the total distance to 40,000 km – a milestone not often reached by modern Bugatti customer cars.

One of the most challenging aspects of the testing process is verifying the Mistral’s top speed. Finding a suitable track to safely reach over 420 km/h presents a logistical challenge. However, Bugatti remains confident in the Mistral’s ability to break records and exceed expectations.

A New Benchmark

“We are planning to run the final high-speed test on one of the few tracks worldwide that allow us to run the test safely. Once we have access to that track, achieving the top speed will no longer be a problem,” said Emilio Scervo, CTO of Bugatti Rimac.

Bugatti’s commitment throughout the Mistral’s development has been to deliver a car that not only meets but exceeds performance standards. The W16 Mistral sets new benchmarks for safety, reliability, and luxury in a hyper sports roadster. With the Mistral nearing the end of its testing journey, production at the Molsheim Atelier is expected to begin later this year.

In a monumental celebration of its 15-year journey, Rimac Automobili has revealed the exclusive 15th Anniversary Edition of the Nevera, a hypercar that redefined the limits of electric performance. Only nine bespoke examples of this record-breaking vehicle will be produced, each meticulously crafted to mark Rimac’s trailblazing achievements since its inception.

A Celebration in Copper

The first of these exclusive units, finished in a new shade of copper with matte paintwork, will debut at the 2024 Goodwood Festival of Speed. This unique colour choice not only symbolises celebration and energy but also reflects the material’s widespread use in electrical cables. The vehicle also features a striking fully visible carbon fibre split, providing a gloss contrast in both texture and colour.

Distinctive Design and Luxurious Interior

Each of the nine Nevera Anniversary Edition hypercars includes an exclusive dual-colour alloy wheel design, special 15 Years Anniversary badging, and a distinctive Rimac pattern that resembles a circuit board running the length of the car. The interior continues the celebratory theme with copper anodised switchgear and painted surfaces. The cabin, available in bold black or pristine white, features seats with contrasting copper leather and the number ’15’ embossed into the headrests. Special one-of-nine and ‘2009-2024’ scripts adorn the armrest, adding a unique touch to this special edition.

Unparalleled Performance

The Rimac Nevera is renowned as the world’s most powerful production car, having set 27 performance records last year alone. Key to its unprecedented speed is an advanced battery system, powertrain, and software, all developed in-house by Rimac. The hypercar’s front and rear powertrains, each comprising two individual motors, deliver power to each wheel independently. At the rear, a 1MW dual inverter provides 603hp and 900Nm per motor, while the bespoke front powertrain ensures optimal power and control. All systems are managed by Rimac All-Wheel Torque Vectoring 2, controlled by an NVIDIA Pegasus-based supercomputer calculating outputs 100 times per second.

From Dream to Reality

Since its incorporation, Rimac has evolved from a one-man dream to a conglomerate employing over 2,200 people across four European countries. The Rimac Group now encompasses Bugatti Rimac, Rimac Technology, and Rimac Energy, demonstrating the brand’s extensive growth and innovation in the automotive industry.

Exclusive Ownership

The Rimac Nevera 15th Anniversary Edition is priced at €2,350,000 (RM11,923,698), inclusive of all options and bespoke luggage that matches the interior. This highly exclusive hypercar not only represents the pinnacle of electric vehicle engineering but also a piece of automotive history. The first unit will take on the iconic hill climb at Goodwood, where the Nevera Time Attack edition set the Production Car record in 2023 with a time of 49.32 seconds.

Peugeot Malaysia, in collaboration with KL Fashion Week 2024 (KLFW 2024), is offering fans and customers a unique opportunity to experience the thrill of driving the all-new Peugeot 408 and enjoy the most stylish fashion show in town. The partnership features two on-ground campaigns that combine the excitement of a test drive with the glamour of KL Fashion Week.

Test Drive & Win KLFW 2024 Tickets

From July 9 to 27, visitors who test drive the all-new Peugeot 408 at any authorised dealership will have the chance to win a pair of tickets to the Kit Woo Show on July 31 or the Design to Sustain Finale on August 2 during KL Fashion Week. To enter, customers need to complete an online form after their test drive, automatically entering them into the running to win one of 50 pairs of tickets to the KLFW 2024 shows. Winners will be announced on Peugeot Malaysia’s Facebook and Instagram pages and contacted directly.

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Lexus Malaysia has made a bold entrance into the electric vehicle (EV) market with the launch of the all-new, all-electric Lexus RZ 450e Luxury. This model represents Lexus’ first globally available, purpose-built battery-electric vehicle (BEV), merging sustainability with personalised Luxury and exceptional craftsmanship.

As the first BEV developed from the start to be fully electric, the Lexus RZ draws on the brand’s long experience in electrified mobility. The new model aligns with the global Lexus electrification journey, which is contributing to a carbon-neutral society by aiming to offer 100% BEVs globally by 2035. Lexus’ “More Than Electric” emphasises this promise, setting the precedence for a range of Luxury EVs and HEVs from the brand that will make a positive impact on the planet and society.

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Proton showcased its dedication to advancing Malaysia’s automotive industry through talent development during the National Training Week (NTW) 2024. Held at the National Stadium Bukit Jalil on 29 and 30 June, the event was organised by HRD Corp under the auspices of the Ministry of Human Resources to promote cutting-edge skills and lifelong learning.

Strategic Focus on Youth and Talent Development

At the heart of Proton’s participation in NTW 2024 was a clear message: the development of talent is critical to achieving the company’s goal of becoming a global leader in the automotive industry. Proton has crafted seven strategic thrusts, with “Talent Development” standing out as one of the pivotal priorities.

This strategic focus aims to tackle multifaceted business challenges by nurturing staff experiences and cultivating homegrown leaders. Aligning with the Human Capital department’s 10-year strategic roadmap, Proton is committed to investing in human capital growth and enhancing capabilities. This is underscored by significant investments and strategic initiatives such as the Proton Young Talent (PYT) programme. Launched in 2018, this fast-track career development initiative offers young talents multifunctional job rotations and project-based assignments to accelerate their skills. The programme has hired 178 young talents, with 143 currently serving the company.

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