Registration data released by the Malaysian Automobile Association (MAA) shows that in January this year, Malaysia’s new car sales fell 27% year-on-year and 40% month-on-month, down from 66,923 units in the same period last year to 48,732 units. The sharp decline was mainly attributed to the reduction in working days caused by the Malaysian Lunar New Year holiday. At the same time, car purchase activities also fell significantly after the sales record due to year-end promotions in December last year. In the past three years, the Malaysian automobile market has rebounded strongly from the trough […]
After Porsche’s chief financial officer Lutz Meschke and chief sales officer Detlev von Platen unexpectedly announced their resignation, the board of supervisors acted quickly to reach an agreement on the two successors. From now on, Porsche welcomes two new executives: Jochen Breckner, 47, will take over the finance department, while Matthias Becker, 54, will take over the sales field. The change marks the return of the Porsche board to its full lineup again. Wolfgang Porsche, Chairman of the Supervisory Board, commented: “We are deeply pleased to discover two outstanding successors, Jochen Breckner and Matthias Becker, […]
According to Bloomberg, the U.S. tariffs on Canadian and Mexican products could cause U.S. auto prices to rise up to $12,000 and wreaking havoc on the North American supply chain. After the U.S. taxes on Canadian and Mexican products, the cost of producing a crossover utility vehicle will increase by at least $4,000, and the cost of electric vehicles can increase up to $12,000, and those costs are likely to be passed on to consumers, according to a new study by Anderson Economic Group, a Michigan auto consulting firm. “This […]
According to foreign media reports, in order to accelerate the process of corporate transformation, Audi announced that it will establish a new “transformation, consulting and organization” department from March 1, 2025 to integrate all transformation-related functions. This measure is another important strategic deployment after the implementation of serial organizational structure adjustment at the beginning of the year, aiming to enhance corporate competitiveness by optimizing organizational efficiency and simplifying management processes. However, Audi will also lay off employees in this restructuring. Audi said the head of its new division, “Transformation, Consulting and Organization” is led by Yvonne Bettkober, who […]
On March 3, Gastron learned that Xiaomi Group partner and president Lu Weibing said at a global press conference for the Xiaomi 15 series in Barcelona, Spain: “It is more important than ever to promote our development in the high-end market.” After five years of exploration, Xiaomi’s high-end development has ushered in a new stage, and its mobile phone, automobile, and AIoT businesses are all accelerating their overseas trip. In addition to officially launching the Xiaomi 15 series, Xiaomi also announced that it will officially launch large household appliances overseas and will sell Xiaomi cars to the […]
According to foreign media reports, Volkswagen Group of America will recall nearly 60,500 2021-2023 Audi and Volkswagen brands, because the gears of the vehicle may not be displayed correctly, which may cause the vehicle to slip without parking brake enabled. A statement released by the National Highway Traffic Safety Administration (NHTSA) shows that a faulty instrument cluster may not display the “N” gear correctly. NHTSA revealed that the affected models include some 2021 to 2023 Volkswagen ID.4, as well as the 2022 to 2023 Audi Q4 e-Tron and Q4 e-Tron Sportback. […]