Kuala Lumpur: Volkswagen Group Malaysia (VGM) plans to designate Malaysia as an export hub for the Volkswagen brand, says investment, trade and industry minister Datuk Seri Tengku Zafrul Aziz.

TOKYO: Japan's Mitsubishi Motors said Thursday it had been told by a US court to pay $1.01 billion (RM4,742,144,756) in damages over a 2017 car accident in the United States, adding that it will appeal.

LONDON: BMW AG’s earnings fell in the first quarter after rising manufacturing costs weighed on the luxury-car maker’s profitability.

PETALING JAYA: Proton Holdings Bhd posted a 17.1% growth in April 2024 with 11,025 units sold in the domestic and export markets versus 9,415 units in April 2023.

NEW YORK: Zeekr Intelligent Technology Holding Ltd, the high-end electric car brand under Zhejiang Geely Holding Group Co, is seeking to raise as much as US$367.5 million in a US initial public offering.