Archive for May, 2006

Daily News Round Up (Toyota, Honda, Greely)

May 31st, 2006 at 11:35am tiger Category : Auto News

Honda Showcases Asimo And Advanced Concept Vehicles At KLIMS 2006
Bernama - Kuala Lumpur,Malaysia
… robot, Asimo (Advanced Step in Innovative Mobility), and its advanced concept vehicles, the Sports 4 Concept and FCX Concept are among Honda Malaysia Sdn Bhd’s …

All-new Volvo C70 makes debut in Malaysia
Business Times - Malaysia - Malaysia
… How Wei Thing, managing director of Volvo Car Malaysia, said, “Volvo wanted to create two cars in one - without compromising, and has succeeded in creating a …

UMW Toyota sets Hiace sales target
Business Times-Malaysia
May 30 2006,… UMW Toyota Motor Sdn Bhd aims to sell 1,300 units of the locally assembled Hiace (van) model in Thailand and expects to rake in RM143 million in export receipt

Govt wants lenders to lower interest rate on local cars
Sun2Surf - Petaling Jaya,Selangor,Malaysia
KUALA LUMPUR: The government will hold talks with local banks and financial institutions to see whether the interest rate for locally manufactured automobiles can be reduced.

Finance Minister II Tan Sri Nor Mohamed Yakcop acknowledged that the hire-purchase interest rate for local cars is comparatively higher than that of foreign manufactured vehicles….

Geely lobbies for higher quota
Malaysia Star - Malaysia
Geely Automobile Holdings Ltd, which is expected to start assembling cars in Malaysia soon, is lobbying for a higher sales quota than is currently allowed by the Malaysian Government.

Executive vice-president Yang Jian said Geely hoped that the authorities would relax current restrictions stipulating that Geely could only sell 20% of the cars it assembled in Malaysia and export the remaining 80%….

Toyota Marks Start of Hiace Export from Malaysia to Thailand
Investor’s Business Daily (subscription) - USA
… In his speech, Okabe said, “The start of Hiace exports to Thailand is a very historical event in Toyota’s operation in Malaysia. …

More foreign carmakers may make Msia a manufacturing hub, says DPM
Theedgedaily.com
29,May 2006 …More foreign carmakers may use Malaysia as a manufacturing hub following in the footsteps of Toyota Motor Corp, said Deputy Prime Minister Datuk Seri Najib Razak.

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New Toyota Yaris

May 23rd, 2006 at 03:51pm coolmini Category : Auto News

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Toyota has launch the Yaris recently. The very cute and sporty car I would said. It comes in two trim levels, the 1.5G and the 1.5S. The 1.5S model comes with full bodykit and sporty interior trim while the 1.5G not. So, obviously the 1.5S is much more expensive than the other. It cost RM98,800 in Peninsular Malaysia while the 1.5G cost RM92,800. Check out more detail on the official site.

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What Vehicles Does Billionaires Owned?

May 15th, 2006 at 05:22pm coolmini Category : Auto News

Giving the unlimited selection of vehicles in the world, which would you like to own if you were a billionaire?!

Today saw the list compile by Forbes. Some vehicles are rather ’suprise’ to be owned by billionaire. :) Perhaps, a car is just a car to them. They might not need something stylish or flashy to prove their status. Anyway, here it is:

1. William Bill Gates III - Microsoft founder, net worth $50 billion.

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Vehicles owned - 1999 Porsche 911 Convertible, 1988 Porsche 959 Coupe

2. Warren Buffet - Investor, net worth $42 billion

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Vehicle owned - 2001 Lincoln Town Car Signature Series

3. Ingvar Kamprad - IKEA founder, net worth of $28 billion

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Vehicle owned - 1993 Volvo 240 GL

4. Paul Allen - Microsoft co-founder, net worth of $22 billion

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Vehicles owned - 1988 Porsche 959 Coupe, 1988 Mazda B-Series Pickup

5. Prince Alwaleed Bin Talal Alsaud - Nephew of Saudi King Abdullah, net worth of $20 billiion

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Vehicles owned - Infiniti FX45, Hummer H1, Volvo XC90, Rolls-Royce Phantom, Daewoo Matiz

6. Michael Dell - Dell founder, net worth of $17.1 billion

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Vehichles Owned - 2004 Porsche Boxster; 2005 Hummer H2

7. Lawrence Ellison - Oracle founder, net worth of $16 billion

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Vehicles owned - 2006 Bentley Flying Spur, Bentley Continental GT

8. Jim Walton - son of Wal-mart founder, Sam Walton, net worth of $15.9 billion

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Vehicles owned - 2002 Dodge Dakota Pickup, 2000 Acura Integra, 1998 Mitsubishi Montero Sport, 1999 Chevrolet Silverado Pickup, 1959 Cadillac

9. Alice Walton - daughter of Wal-mart founder, Sam Walton, net worth of $15.7 billion

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Vehicle owned - 2006 Ford F-150 King Ranch

10. Steven Ballmer - Microsoft’s CEO, net worth of $13.6 billion

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Vehicle owned - 1998 Lincoln Continental

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Toyota Recalling Lexus Worldwide

May 9th, 2006 at 04:08pm tiger Category : Auto News

Lexus is250
Toyota Motor Corp. is recalling its best-selling Lexus luxury sedans following the discovery of a seat belt problem.

The recall affects three models — IS250, GS300 and GS430 — that may have problems with the seat belt control mechanism in the two front seats. The problem makes it hard to buckle the seat belts sometimes and may cause the belts to malfunction in an accident.

Worldwide, 43,000 vehicles will be recalled encompassing IS250, GS300 and G430 models produced between July 2005 and January 2006.

Link

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Proton In Talk With Peugeout

May 9th, 2006 at 02:28pm tiger Category : Auto News

Proton had been rumored to be talking about a joint carmaking venture with a foreign automaker. This time is French automaker Peugeot.Proton Logo

The Edge Daily Reported saying the companies could be ready to sign a memorandum of understanding in the next few months about building a compact car together. PSA Peugeot Citroën confirmed the talks but added it does not currently have a joint venture plan in place.

The Edge also said Volkswagen and Proton are talking about a company to build Proton-badged cars to sell in Southeast Asia and India. The Peugeot partnership would yield products that could be badged either as Proton or Peugeot/Citroën…

What this means to you:
Once-protected companies now going to seek help under the global wind pressures in order to survive.

Links: TheEdgeDaily Proton Multiple Bedfellow

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£5000 For A Car Wash?

May 4th, 2006 at 04:00pm coolmini Category : Auto News

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How much does it cost for the most expensive car wash in the world? £5000 maybe?! Running by a one man company, Paul Dalton has all the talents to provide the best car wash to top of the range cars. Check out his company website, Miracle Detail for more pictures that shows the process as well as the glossy results he produced.

News from Guardian Unlimited

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Rousseau-Balt Impression

May 3rd, 2006 at 12:31pm coolmini Category : Auto News

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What a stunning futuristic concept car! For your information, this is a russian automobile. It is carbon-fiber chassis four-seat coupe with its first debut on The Concorso D’eleganza Villa D’este (Check out our gallery pictures later that are taken from this great event in Italy not long ago).

The car is powered by a V12 with 555 bhp and the company plans to build 10-15 cars based on the concept shown here.

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More from CarDesign Russian version.

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