In a surprise move on Tuesday, the Chinese authorities has announced that subsidies for electric vehicles will not be reduced as aggressively as previously stated in an attempt to encourage greater market penetration of EVs and thus further combat the massive pollution currently plaguing the country.
As Malaysia is digesting the latest National Automotive Policy which sets the country on a course towards becoming an EEV hub for South East Asia, out of nowhere, the Australian Lynas Corporation Ltd emerges to ride on the waves.
Once again, Toyota is facing possible recalls. The National Highway Traffic Safety Administrations (NHTSA) in the US has launched an investigation into the 2007 and 2008 Camry Hybrid after receiving 59 complaints about intermittent occurrence of delayed and failed braking.
Force India is the first team to pull off the veil from its new F1 car – the VJM07! The VJM07 brings a fresh image for the team, with a black background that frames traditional colours of saffron, white and green.
Malaysians have been waiting with bated breath for the National Automotive Policy 2014 which was finally unveiled early last week.
Thailand may have been the automotive star of recent years, but industry observers expects Indonesia to shine brighter in 2014. In spite of several setbacks, legislative support and presidential elections this year is expected to encourage more car purchases.