automotive industry

Broker's Calls

CGS-CIMB initiates coverage on Innotek with 'buy' on strong balance sheet, attractive yields

SINGAPORE (June 11): CGS-CIMB Research analyst William Tng has initiated coverage on mainboard-listed precision metal part maker Innotek with an “add” call and target price of 57.9 cents, represent

Company in the news

MeGroup uses two 'engines' to capture bigger share of growing Malaysian car market

SINGAPORE (Feb 14): The automotive market in Malaysia has seen four consecutive years of growth since 2016, according to data from the Malaysian Automotive Association (MAA).

Tech

Why we all will soon be riding in electric cars

(Oct 30): The best-performing sector in the global stock markets over the last two months has been neither internet technology nor oil.

Drive

Race against the machine

Fifty years on, Mercedes-AMG continues to develop the dream cars you will drive tomorrow.

From Reuters

New US subprime boom, same old sins: auto defaults are soaring

(July19): It’s classic subprime: hasty loans, rapid defaults, and, at times, outright fraud.

Only this isn’t the US housing market circa 2007. It’s the US auto industry circa 2017.

Toyota

Global Markets

Trump hits Toyota in latest broadside against carmakers and Mexico

WASHINGTON (Jan 6): US President-elect Donald Trump targeted Toyota Motor Corp on Thursday, threatening to impose a hefty fee on the world's largest automaker if it builds its Corolla cars for the

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