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Penang to Launch Six-Month Trial of Dedicated Bus Lanes

The city of Penang is set to launch a six-month trial of dedicated bus lanes on November 19, targeting rush-hour traffic in the city centre. These lanes, located along Komtar, Chowrasta stretches of Penang Road, and Jalan Ria, will operate from 6:30 am to 9:00 am and from 4:30 pm to 8:00 pm daily.

During these hours, only public buses, tour buses, taxis, and emergency vehicles will be permitted to use the lanes.

State executive councillor Zairil Khir Johari stated that the trial aims to assess the feasibility of bus lanes in reducing travel time, particularly during peak hours. The success of similar lanes in Kuala Lumpur, which reduced travel times by up to 15 minutes, suggests promising potential for Penang.

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Chery Malaysia Celebrates First Locally Assembled Electric Vehicle, the Omoda E5

Chery Auto Malaysia has marked a milestone with the successful roll-off of its first Completely Knocked Down (CKD) unit of the Omoda E5 at the Inokom Plant. This achievement underscores Chery’s dedication to supporting local manufacturing, advancing Malaysia’s industrial growth, and contributing to a sustainable automotive future.

The Omoda E5, celebrated for its cutting-edge design and advanced technology, reinforces Chery’s commitment to delivering high-quality vehicles tailored for Malaysian consumers. Leo Chen, President of Chery Auto Malaysia, emphasised the significance of the CKD milestone, stating, “By assembling our cars locally, we not only offer competitive pricing but also demonstrate Chery’s long-term commitment in Malaysia, fostering local job creation and skill development.”

Leo Chen added that this initiative aligns with Malaysia’s localization policies and will support the nation’s ambitions to become a regional hub for electric vehicles (EVs). Dato’ Jeffri Salim Davidson, CEO of Sime Darby Berhad, highlighted the partnership with Chery, underscoring Sime Darby’s commitment to sustainable mobility solutions and automotive assembly growth.

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SAIC Motor Malaysia Celebrates First Wave of MG5 Sedan Deliveries

SAIC Motor Malaysia recently celebrated a major milestone for the MG5 sedan at the MG5 Car Delivery Event at MG Motor Glenmarie (Mega Galeri Sdn Bhd), where over 20 new owners gathered to receive their cars. The event, attended by SAIC Motor Malaysia’s management, fostered a strong community atmosphere, uniting MG fans and showcasing the brand’s commitment to its customers.

The success of the MG5 is largely due to efficient coordination among 18 strategically placed MG Motor Authorized Dealerships, allowing prompt vehicle deliveries across Malaysia. This dealer network is key to SAIC Motor Malaysia’s mission to meet the demands of Malaysia’s style-conscious market.

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Hyundai Acknowledges Touchscreen Woes, Brings Back Physical Controls

Hyundai’s recent acknowledgement of the challenges with touchscreens in vehicles highlights a growing trend that some are calling the “Tesla Effect.” Following in Tesla’s footsteps, many automakers have phased out traditional physical controls for digital interfaces on touchscreens, aiming to create sleek, tech-centric cabins. However, Hyundai has found that American buyers aren’t entirely on board with the touchscreen-only setup.

According to HDNA Vice President Ha Hak-soo, Hyundai’s experience with touchscreen-based controls revealed that drivers often feel frustrated when trying to quickly adjust settings on the go, especially when physical dials or buttons could have made adjustments more straightforward. Hyundai’s internal testing with focus groups found that drivers found it stressful to control certain functions on a touchscreen when needing immediate responsiveness.

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Nissan Sells A Significant Portion Of Its Shares To Mitsubishi

Mitsubishi announced plans to repurchase a substantial portion of its shares from Nissan, with an order placed on the Tokyo Stock Exchange to buy up to 149,028,300 shares at approximately $3.01 per share. This buyback will reduce Nissan’s current stake in Mitsubishi from 34.07% to 24.05%, effectively altering Nissan’s influence in the company. Despite the sale, Mitsubishi emphasised that both brands will continue their alliance and collaboration on vehicle projects.

Although specific collaborative projects were not detailed, Mitsubishi and Nissan are both part of the Renault-Nissan-Mitsubishi Alliance, which includes joint efforts in various global markets. In the U.S., for instance, the Nissan Rogue serves as the base for Mitsubishi’s Outlander. Looking forward, the alliance is expected to introduce multiple jointly developed models, including a mid-size pickup aimed at the U.S. market.

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RON95 Fuel Subsidy Targeting: Economists Favor MyKad Quota Over Cash Assistance

Economists are backing a proposal for Malaysia’s RON95 petrol subsidy targeting system, suggesting it could be implemented effectively through a MyKad-based monthly quota system. According to FMT, economist Ahmed Razman Abdul Latiff from Putra Business School noted that this approach, compared to direct cash subsidies, would limit abuse and prevent inflated prices for other goods. He explained that by setting a monthly MyKad quota, users would receive subsidised RON95 fuel up to a certain amount, after which they’d pay the full market rate, thus minimising the misuse of subsidies.

The MyKad system, he said, is reliable due to its security features and can authenticate the user’s identity, with options for biometric verification at petrol stations, reducing the need for a new subsidy system. Ahmed added that cash-based subsidies risk raising food prices, as traders may take advantage of increased consumer spending power.

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Latest News

Penang to Launch Six-Month Trial of Dedicated Bus Lanes

Chery Malaysia Celebrates First Locally Assembled Electric Vehicle, the Omoda E5

SAIC Motor Malaysia Celebrates First Wave of MG5 Sedan Deliveries

Hyundai Acknowledges Touchscreen Woes, Brings Back Physical Controls

Nissan Sells A Significant Portion Of Its Shares To Mitsubishi

RON95 Fuel Subsidy Targeting: Economists Favor MyKad Quota Over Cash Assistance

Drive Home an MG EV with Up to 20 Months of Free Instalments

Proton Sales Grow By 13.6% In October

Mercedes-Benz Malaysia Introduces the Mercedes-Benz GLC 350 e 4MATIC Coupe

Mercedes-Benz Malaysia Unveils New AMG Lineup: G63, SL63, GLE 63 S and GLC 43

Nissan and Mitsubishi Join Forces on Autonomous Driving and Energy Storage Solutions

Malaysia to Phase Out Natural Gas Vehicles by 2025

You Can Now Own the Batmobile from the Dark Knight Trilogy for Three Million Dollars

JPJ Recalled 3,722 Vehicles: Perodua Alza and Aruz Did Not Meet Regulatory Specs

Settle Your Summons at Half Price: JSPT KL Announces Special 50% Discount

Jaguar Ends New Car Sales in the UK Ahead of Electric-Only Future

Archive

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Lexus Unveils Facelifted ES Sedan in China with Updated Design and Features

Goodyear Malaysia Strengthens Partnership with St. John Ambulance through Tyre Donation

Perodua Sees Nine Percent Growth in August, Driven by Axia and Bezza

EV Market Faces First Decline as Hybrids Gain Ground in 2024

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