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GST issue raised by Perodua dealers

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SHAH ALAM: The Perodua Dealer Association has urged the Government to allow its members to reclaim the 10% sales tax on invoices issued prior to the implementation of the Goods and Services Tax (GST) on April 1. In a statement, Perodua Dealer Association president Wan Kamal Wan Ismail explained that after April 1, the 10% sales tax will be replaced with a 6% GST. “This means unsold stocks, which 10% sales tax already paid, will be hit by an additional 6% GST after April 1. Each independent dealer will stand to lose an average of RM230,000 on double taxation after…

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New Peugeot 208 shows its colours

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PARIS: Peugeot’s best selling model, the 208, returns with numerous changes inside and out and even includes two granular-to-the-touch colours, more personalisation options, new technology and improved engines. The new Peugeot 208 intends to go on sale across Europe from June onwards with the addition of its new ‘textured paint’ finish of either Ice Grey or Ice Silver. In addition, an optional personalisation pack of Lime Yellow or Menthol White is also offered, which can be applied to both the interior and exterior. According to the French carmaker, the new textured colours not only emphasises the new 208’s curves, but…

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Racing suspended at Nurburgring after fatality

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BERLIN: Racing for certain classes has been suspended at the Nurburgring circuit until further notice following the death of a spectator during an endurance event, it was announced on Sunday. A spectator was killed and several others were injured after being struck by a car racing in the first event of the VLN Endurance Championship on Nurburgring’s notorious Nordschleife circuit on Saturday. The Nissan GTR car being driven by Britain’s Jann Mardenborough, 23, who escaped unhurt, came off the track and flew over the security barrier before landing upside down in an area reserved for spectators. Several fans were hurt…

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Aston Martin to expand model range for export markets

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LONDON: Aston Martin has announced it will widen its product offering for markets outside of Europe. Aston Martin will start work this year on new models intended to broaden its customer reach in export markets such as China and the Middle East. The British government has committed support of up to £6.9 million, conditional on investments in new products from Aston Martin. “Expanding our product range to enable a greater reach into export markets is an essential part of our Second Century business plan,” said Aston Martin CEO Dr Andy Palmer on Sunday. “Having this support from the Government to…

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Win a Kia Cerato

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SHAH ALAM: Those who book a Kia car or test drive any cars at Setia City Mall, Setia Alam from April 1 to 5, 2015 still stand a chance to win the grand prize – a 2.0-litre Kia Cerato. Naza Kia Malaysia chief operating officer Datuk Syed Abdull Hafiz Syed Abu Bakar said, “This year, with Kia On Tour, we hope that we can bring the Kia driving experience to all Malaysians, which we hope Kia enthusiasts all around Malaysia will take the chance to get to know more about Kia products currently in the market such as Kia Cerato,…

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Range Rover SVAutobiography takes luxury to new heights

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LONDON: Land Rover will unveil the Range Rover SVAutobiography at the 2015 New York International Auto Show, adding even more luxury, design sophistication and performance to an enhanced line-up. Speaking ahead of the exclusive model’s world premiere in New York, Land Rover’s Design Director and Chief Creative Officer Gerry McGovern stated: “With the SVAutobiography we have taken the opportunity to optimise the Range Rover’s luxury execution and precision while delivering beautiful detailing that considerably enhances the customer’s experience of our flagship vehicle.” Exclusively crafted at Special Vehicle Operations’ (SVO) Technical Centre in the UK, SVAutobiography features unique exterior design enhancements,…

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Volvo Cars to build US plant to spearhead sales recovery

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PARIS: Volvo Cars will invest US$500 million in its first US assembly plant under plans announced on Monday, plugging a longstanding gap in the Swedish carmaker’s manufacturing base as it pursues a global comeback under Chinese ownership. Volvo is in advanced talks with several US states and will announce a location within weeks, chief executive Hakan Samuelsson said in embargoed comments made before the announcement. Production will begin in 2018. Following its sale to Zhejiang Geely by Ford in 2010, Volvo has stepped up investment in new models and production, adding a pair of Chinese factories to its two older…

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ZF Group sees more success and growth

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STUTTGART: Germany’s ZF Group recorded a 9% sales growth and a more than one-third increase in earnings in 2014. Last year, ZF also created almost 3,200 new jobs worldwide – an increase of 5% to 71,402 employees. In 2014, the technology company generated sales of EUR 18.4 billion (RM74.2 billion), which once again is above the industry average. It also improved profitability, with earnings before interest and taxes (EBIT) rising more than one-third to about EUR 1.1 billion (RM4.43 billion). The main growth driver was business with automatic passenger car transmissions and axle systems. “The 8-speed automatic transmission, whose second…

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Ford premieres new Ranger in Bangkok

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The 2015 Ford Ranger gets a bolder, sportier look as well as improved comfort levels and upgraded diesel powertrains. The updated pick-up truck had a global reveal at the 36th Bangkok International Motor Show, which runs till April 5. Production of the updated Ranger is due to start by mid-year at the AutoAlliance Thailand facility in Rayong, and it should be launched in Malaysia this year. “This Ranger brings a new level of comfort and refinement to its segment without compromising on the rugged capability that our customers demand,” said Ford Asia Pacific vice president (marketing, sales and service) Brett…

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Thai debut for new Ford Everest

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BANGKOK: Ford’s latest seven-seat off-road SUV has made its Thai debut at the 36th Bangkok International Motor Show, which runs till April 5. The new Ford Everest will be available in both rear-wheel drive and four-wheel drive variants. Production of the new Everest is due to start by mid-year at the AutoAlliance Thailand facility in Rayong, and it should be launched in Malaysia this year. “The new Everest, with its host of first-in-class features, provides unmatched value in its segment,” said Ford Asean president Matt Bradley. The new Everest has intelligent four-wheel drive and an advanced Terrain Management System to…

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