Home - Piston.my

Piston.my

Latest News

Bermaz Auto’s Q4 Net Profit Rises By 28% But Expects Tough Times Ahead

On the strength of improved revenue, Bermaz Auto Bhd’s net profit increased by 27.84% to RM100.62 million for the fourth quarter that ended on April 30, 2023, from RM78.7 million a year earlier.

According to a filing with the stock exchange, the automaker’s earnings per share jumped to 8.63 cents from 6.77 cents.

The final rush to register the balance of unfulfilled back orders (made before June 30, 2022) in February and March 2023 for the sales tax exemption incentives was a major factor in the quarter’s 19.51% increase in revenue from RM897.36 million to RM1.07 billion.

(more…)

Toyota’s New Tech Will Boost EV Sales, More Electric Models Coming Soon!

Executives at Toyota Motor seem more assured than before in their capacity to produce and market millions of electric vehicles.

Hiroki Nakajima, chief technology officer of Toyota, said during a daylong series of technology briefings last week at Toyota’s research facility that’s close to Mount Fuji, that consumers switching from hybrids to fully electric vehicles are giving the world’s largest automaker a good indication of where the market will be in three years.

Toyota will meet its objective to sell 1.5 million battery-electric vehicles by 2026, he assured, adding that “development and production will be ready when there is demand for 1.5 million units.”

(more…)

New Fiat 600 Electric SUV Revealed

Fiat is getting ready to expand its lineup with a second all-electric car, and a recent video has given us our first clear look at it. The Fiat 600, which will be based on the Stellantis Group’s e-CMP2 platform and go on sale in 2024, will be an SUV alternative to the well-liked new 500 city car. The 600 has been teased for a while in a number of spy images, but the video uploaded to Fiat’s YouTube page allows us to finally get a more detailed view.

It showcases a compact, 5-door SUV with the newest Fiat design language, as seen on the 500, including, especially in the front and rear lights, that is about the size and shape of the old 500X. The Fiat 600 will gain from a customised electric platform, which could allow the new 600 to rival the 500L MPV in terms of interior capacity and functionality. The new Fiat will also be closely related to the brand-sister Jeep Avenger from the Stellantis Group.

(more…)

Government Has No Plans To Acquire Nations Highways

According to works minister Alexander Nanta Linggi, there are no present plans for the government to acquire any of the country’s highways.

Nanta claimed today in a written response to Ahmad Fadhli Shaari (PN-Pasir Mas) that the government chose against purchasing any motorways because doing so would not have been financially viable.

“The government is ready to reconsider this proposal if the financial situation allows at a later date,” Nanta said.

(more…)

Toyota Teases New C-HR, Confirmed For 26 June Launch

Prior to its official debut on June 26, Toyota has teased the next-generation Toyota C-HR, which features a bumper-width rear light bar and an illuminated rear logo.

The totally redesigned small SUV is ready to compete with models like the Nissan Juke and Kia Niro, going upmarket by adding a plug-in hybrid powertrain to its lineup. The Japanese company describes it as “edgy” and “sophisticated.”

Recent pictures of the car being tested on public roads appear to reveal the ultimate production model, which should mark a significant shift from the current version.

(more…)

Over 8,000 Potholes Patched Up Since Last Year

One of the most annoying things about driving in Malaysia is the potholes that are found all over our roads. However, according to The Star, as of April of this year, the Works Ministry has reported that 2,138 potholes had been fixed as part of the “Zero Potholes” project.

According to Deputy Minister Datuk Seri Abdul Rahman Mohamad, the Public Works Department (JKR) and federal road concession holders fixed 8,519 potholes on federal roads in Peninsular Malaysia last year as part of the plan, which started in July 2022.

(more…)