The Ministry of Finance (MoF) has confirmed a second extension for freight forwarders to meet the requirement of 51 per cent Bumiputera equity participation, which will be set for December 2022.
Monthly Commercial Vehicles Figures Continue to Show Instability
After a near-collapse in June and a mild recovery in July, August’s figures show a market lagging behind 2020’s monthly figures, in statistics released by the Malaysian Automotive Association (MAA).
Volta Trucks Confirms Successful Series B Funding Round
Volta Trucks confirms the successful conclusion of its Series B funding round, with €37 million secured in new capital.
New Scania Powertrain Cuts Coach Companies Fuel Consumption & Bills
With up to 5 per cent less fuel consumption, coach operators expect the most energy-efficient Scania coaches, which will also meet or surpass emission targets.
Government Criticised for 51% Bumi Equity Proposal
DAP politician and ex-Finance Minister Lim Guan Eng has been reported as saying that the 51 per cent Bumiputera equity requirement for freight forwarding companies should not be applied retrospectively.
Australia Post Introduces 20 Electric Light Trucks "eCanter"
Mitsubishi Fuso Truck and Bus Corporation (MFTBC) has 20 electric light trucks "eCanter" to be introduced in October 2021 by Australia Post.
Renault Trucks Enhances Its Range of Electric Trucks
Renault Trucks is developing its range of vehicles to adapt to the wide variety of urban distribution activities.
Tata Motors to Increase Prices of its Commercial Vehicles from 1st October
Tata Motors, India’s largest commercial vehicle manufacturer, will increase the price of its commercial vehicle range in effect from 1st October 2021.
Mercedes-Benz Trucks Present Solutions for the Energy Transition in Road Freight Transport
Mercedes-Benz Trucks presents its electrification strategy at 'Shaping the New and Next 2021' event.
Iveco and Nikola Sign MoU with Hamburg Port Authority for Zero-Emission Class 8 Battery-Electric Trucks
Iveco and Nikola had agreed to test and deliver up to 25 vehicles to the port of Hamburg.