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Malaysia’s Budget 2026 omits extension for imported EV tax cut; MAA urges continued support
Malaysia’s Budget 2026 omits extension for imported EV tax cut; MAA urges continued support Reported on October 13, 2025, the Malaysian Automotive Association (MAA) highlighted the absence of an extension for import and excise duty exemptions on fully imported (CBU) electric vehicles (EVs) in Budget 2026. While supporting the government’s focus on locally assembled (CKD) EVs, MAA urged continued incentives for CBU EVs to build consumer awaren...
News Updated at: 2025/10/17
Auto sales in Vietnam down 16.1% in September
Auto sales in Vietnam down 16.1% in September According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on October 10, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were down 16.1% year-over-year to 30,688 units in September. CKD volume was 14,427 units and CBU volume was 16,261 units.VAMA members (20 manufacturers) sales in September were down 17.9% y/y to 26,291 units. VAMA me...
News Updated at: 2025/10/14
Hyundai Motor Malaysia opens bookings for locally-assembled STARIA MPV
Hyundai Motor Malaysia opens bookings for locally-assembled STARIA MPV Reported on October 8, 2025, Hyundai Motor Malaysia officially opened bookings for the locally-assembled STARIA turbodiesel MPV, a model designed to elevate space, comfort, and versatility. Priced from around MYR 179,888 to MYR 267,888, it maintains parity with the previously fully-imported (CBU) version. This is Hyundai’s first locally-assembled (CKD) model since Hyundai...
News Updated at: 2025/10/09
Bermaz Auto plans XPeng local assembly in Malaysia in H2 2026
aunched G6 facelift, are currently imported from China. The company is also reviewing plans to import additional units ahead of the expiry of government incentives. Without these incentives, vehicle prices could rise by at least 20–30%, the company noted. Under the current policy, fully imported (CBU) EVs are exempted from import and excise duties until the end of 2025, while locally assembled (CKD) EVs enjoy excise and sales tax exemptions thr...
News Updated at: 2025/10/03
GAIKINDO releases Indonesia’s CBU export data by brand for Jan–Aug 2025
GAIKINDO releases Indonesia’s CBU export data by brand for Jan–Aug 2025 On September 19, 2025, the Association of Indonesia Automotive Industries (GAIKINDO) released data on Indonesia’s completely built-up (CBU) vehicle exports for the January–August 2025 period, totaling 335,063 units broken down by brand. Toyota remained the top exporter with 114,280 units shipped, followed by Daihatsu with 76,738 units and Mitsubishi Motors with 67,399...
News Updated at: 2025/09/26
BMW Motorrad India launches S 1000 R motorcycle
BMW Motorrad India launches S 1000 R motorcycle On September 15, 2025, BMW Motorrad India unveiled the new BMW S 1000 R motorcycle, priced at INR 1.99 million. The high-performance roadster, now available for booking at all BMW Motorrad dealerships, is offered as a completely built-up unit (CBU). It features an oil/water-cooled four-cylinder, four-stroke in-line engine with a displacement of 999 cc, delivering 170 hp at 11,000 rpm and a maximum t...
News Updated at: 2025/09/15
Auto sales in Vietnam up 3.1% in August
Auto sales in Vietnam up 3.1% in August According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on September 11, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were up 3.1% year-over-year to 25,973 units in August. CKD volume was 12,671 units and CBU volume was 13,302 units. VAMA members (20 manufacturers) sales in August were up 1.3% y/y to 21,688 units. VAMA members passenger...
News Updated at: 2025/09/12
iCaur 03 e-SUV officially goes on sale in Malaysia, starting at MYR 119,800
inally expected to launch as the Jaecoo J6 during its showcase at the 2024 Malaysia Autoshow, the model carries different names in various markets. The iCaur name, unveiled at Auto Shanghai 2025, serves as Chery’s iCar sub-brand for markets outside China. At launch, the 03 will be fully imported (CBU), with local assembly (CKD) planned at Chery Corporate Malaysia’s Shah Alam plant from January 2026. The boxy, rugged SUV measures (LWH) 4,406x ...
News Updated at: 2025/09/10
BYD hints at new ‘6’ model for Malaysia, Seal 6 EV expected
”, on social media. The upcoming model is expected to be the Seal 6. In China, where it is known as Seal 06, it is available as a plug-in hybrid (PHEV) or fully electric vehicle (BEV). The EV variant is likely for Malaysia, benefiting from incentives for fully imported EVs, unlike heavily taxed CBU PHEVs. BYD’s Tanjong Malim CKD plant is under preparation and set to begin production in H2 2026, making a local DM-I (PHEV) unlikely. Other ...
News Updated at: 2025/09/04
Subaru sales plunge 64% in H1 2025 in Philippines, Forester Hybrid expected to drive recovery
a (flat), while Thailand posted a 100% increase. Singapore, meanwhile, saw Subaru sales surge 181%, outpacing total market growth thanks to process improvements and cost rationalization. The Group is transitioning Southeast Asian markets from Complete Knock Down (CKD) assembly to Complete Build Up (CBU) imports from Japan. Despite challenges, Motor Image remains optimistic about a stronger second half of 2025, driven by the Forester Hybrid. (Fr...
News Updated at: 2025/09/01
GAIKINDO releases CBU vehicle import rankings for Indonesia, Jan–Jul 2025
GAIKINDO releases CBU vehicle import rankings for Indonesia, Jan–Jul 2025 On August 27, 2025, the Association of Indonesia Automotive Industries (GAIKINDO) has released data on completely built-up (CBU) vehicle imports by brand for the January–July 2025 period. BYD recorded 20,795 units, positioning it as the leading CBU importer during the period. Toyota followed with 18,673 imported units, while Mitsubishi Motors secured third place with 8,...
News Updated at: 2025/08/29
GAIKINDO reports Indonesia’s CBU vehicle export performance for Jan–Jul 2025
GAIKINDO reports Indonesia’s CBU vehicle export performance for Jan–Jul 2025 On August 27, 2025, the Association of Indonesia Automotive Industries (GAIKINDO) released data detailing Indonesia’s completely built-up (CBU) vehicle exports by brand for January–July 2025. Toyota maintained its position as the leading exporter with 97,740 units shipped, followed by Daihatsu with 64,596 units and Mitsubishi Motors with 57,997 units. Hyundai Mot...
News Updated at: 2025/08/28
Suzuki Fronx SUV to launch in Malaysia in Q4; eVitara EV slated for 2026
Suzuki Fronx SUV to launch in Malaysia in Q4; eVitara EV slated for 2026 Reported on August 22, 2025, Suzuki has confirmed that the Fronx SUV will launch in Malaysia in Q4 2025, as announced by Naza Eastern Motors during the Swift Sport Final Edition launch. In Malaysia, the Fronx is anticipated to be a CBU import, with the top variant equipped with ADAS and a price likely exceeding MYR 100,000. In Indonesia, where the model made its debut during...
News Updated at: 2025/08/27
GB Corp, Egypt, updates about new partnerships and plants
GB Corp, Egypt, updates about new partnerships and plants On August 14, GB Corp announced that during the first half of 2025, it has launched three new Genesis EV models after becoming the official distributor of Genesis in Egypt. It also introduced the new Changan SUV CKD model, as well as two new Changan sedan CBU models. It also recently signed an exclusive distributorship agreement with Higer Bus. GB Auto’s Sadat CKD production facility b...
News Updated at: 2025/08/21
Auto sales in Vietnam up 9.7% in July
Auto sales in Vietnam up 9.7% in July According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on August 12, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were up 9.7% year-over-year to 31,739 units in July CKD volume was 15,701 units and CBU volume was 16,038 units. VAMA members (20 manufacturers) sales in July were up 7.3% y/y to 26,573 units. VAMA members passenger car sales...
News Updated at: 2025/08/13
Toyota Indonesia prepares to launch new HEV model targeting wider market
launches, ensuring that spare parts are fully stocked at all levels (including warehouses, depots, and dealerships) prior to a model’s market introduction. This approach aims to prevent supply challenges and maintain customer satisfaction. TAM cited the BZ4X EV, which was initially launched as a CBU import. To support this model, Toyota has established 118 charging stations across Indonesia. Building on this foundation, TAM has gained greater ...
News Updated at: 2025/08/08
GlobalData blog: Tesla finally opens Indian map on its dashboard
y for Chinese automakers. For instance, BYD Auto has been unable to establish local manufacturing, resulting in high import duties. Consequently, BYD models in India are significantly more expensive than in other countries. Interestingly, Tesla has chosen to enter India through Completely Built-Up (CBU) imports, which also face high import duties. Tesla is offering only the Model Y in two variants: Rear-Wheel Drive (RWD) and Long Range RWD. The c...
News Updated at: 2025/07/31
Auto sales in Vietnam up 20.3% in June
Auto sales in Vietnam up 20.3% in June According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on July 10, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were up 20.3% year-over-year to 31,977 units in June . CKD volume was 14,355 units and CBU volume was 17,622 units. VAMA members (20 manufacturers) sales in June were up 17.3% y/y to 25,793 units. VAMA members passenger car sa...
News Updated at: 2025/07/10
Vietnam’s CBU vehicle imports rise 43.3% in Jan–May 2025 amid demand-supply imbalance
Vietnam’s CBU vehicle imports rise 43.3% in Jan–May 2025 amid demand-supply imbalance Reported on June 27, 2025, the number of imported cars of all types registered for customs clearance in Vietnam in May 2025 reached 19,042 units, equivalent to USD 426.38 million. Cars with 9 seats or fewer accounted for 74.6% of the total, with 14,214 units (USD 251 million). In May 2025, most CBU vehicles registered for import into Vietnam came from 3 main...
News Updated at: 2025/07/01
Toyota, Daihatsu, and Mitsubishi Motors lead Indonesia’s CBU exports in January–May 2025
Toyota, Daihatsu, and Mitsubishi Motors lead Indonesia’s CBU exports in January–May 2025 Announced on June 19, 2025, the Association of Indonesia Automotive Industries (GAIKINDO)’s recently released data outlined the export performance of completely built-up (CBU) vehicles from Indonesia by brand for the first 5 months of 2025. Toyota led the export segment with 66,543 vehicles, followed by Daihatsu with 42,510 units and Mitsubishi Motors...
News Updated at: 2025/06/20
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