Proton has officially entered the automotive financing business with the launch of Proton Capital Sdn Bhd, giving customers another option when financing the purchase of a new Proton vehicle. The new company is not intended to replace banks and other existing lenders, but will operate alongside them with financing products specifically designed around Proton vehicles […]
Hyundai Motor Malaysia (HMY) and Edaran Otomobil Nasional Berhad (EON) have formalised a new phase of cooperation with the signing of a Letter of Intent (LOI), setting the stage for an expanded Hyundai retail network nationwide. The move underlines Hyundai’s continued confidence in Malaysia as a key market, with a focus on delivering long-term customer […]
After much anticipation, Proton has finally launched the S70 sedan which is available in four variants with prices as mentioned below (on the road without insurance): As the name suggests, all variants will share the same powertrain package comprising a three-cylinder 1.5-litre turbocharged engine and a 7-speed Dual Clutch Transmission with Manual Mode which collectively […]
Edaran Otomobil Nasional Berhad (EON), a wholly-owned subsidiary of DRB-HICOM (DRB-HICOM), has made a strategic investment in Genie Malaysia, a subsidiary of Carro, Southeast Asia’s largest and most profitable online used car platform. Aaron Tan, co-founder and Group CEO of Carro says, “Fintech is an integral part of our digital used car ecosystem. DRB-HICOM’s strategic […]
