Singapore Raises Vehicle Entry Permit; Malaysia Reacts

Malaysians and Singaporeans are like siblings – one moment we’re the best of buddies, the next we’re at each other’s neck. At this moment, we’re not exactly on the best of terms. Early this month, the little island across from the tip of the Malaysian Peninsular announced a whopping 75% increase on the Vehicle Entry Permit (VEP) fee, from SG$20 to SG$35 per day for foreign-registered cars and a quadrupling of fee for goods vehicles, from SG$10 to SG$40, with effect from 1 August 2014. Buses, taxi’s and motorcycles are unaffected.

Rosberg’s Lead Extends With Germany Win

“It’s an amazing feeling to win at home. It’s a very special day,” said Nico Rosberg, who maintained the lead throughout the German Grand Prix on Sunday and became the first German to stand at the top of the podium in Hockenheimring since Michael Schumacher’s victory in 2006.

VW India Plans US$250M Investment Programme

The Volkswagen group has announced its plans to invest a total of US$250million (approximately ₹15 billion) in its manufacturing arm in India over the next six years. The money will be spent on the building of an engine and transmission plant, which the company hopes will allow them to produce more competitively priced cars.

JP Morgan Claims Second Win In X-1R Pro Cup Series

From the sixth race of the season which took place last Friday emerges the first two-time winner, a title claimed by 38-year-old JP Morgan. Veteran racer Morgan raced to victory over Reid Wilson and newcomer Brian Keselowski, who took second and third place on the podium. It is also Morgan’s second win at the 4/10-mile track in Hudson, North Carolina.