According to Brand Finance, Giti Tire has been ranked as the eighth most valuable tyre brand globally and the fastest-growing tyre brand in 2026.
Facing intense market conditions, and amidst efforts in realigning the Group’s strategies, Porsche saw a 92.7% decline in its FY2025 operating profit.
Under its Vast Ocean Plan global strategy, CCAG is targeting five million vehicle sales annually by 2030.
Porsche has appointed new board members for Finance and IT, as well as Sales and Marketing.
Volvo cars is also providing a $1.1 billion 18-month term loan to Polestar, which is on par with the support it is receiving from PSD investment.
Lamborghini has announced that 2021 was a successful year for its finances, adding to its already successful sales volumes.
Hong Leong Finance is releasing loans for electric vehicles with the lowest interest rate in Singapore, at 1.5% for seven years.
For the first half of 2020, Audi reports its financial results to be significantly affected by the COVID-19 pandemic.
Porsche reports on sales, which remained robust despite the challenging COVID-19 crisis, for the first half of 2020.
BMW Group reaffirms outlook for 2020 as they remain committed on course towards achieving their plans for the full year.
MINI has now introduced MINI Easy Finance, making joining the MINI community now possible from as low as $128 per month.
Ferrari has been awarded the title of the world's strongest brand for the second consecutive year at the World Economic Forum at Davos.
Dr. Timo Poser has spent almost 20 years with the BMW Group, and will be joining Rolls-Royce Motor Cars as Director of Finance effective from 1 February 2020.
Ms. Ritu Chandy is based in Singapore and replaces Mr. Serge Naudin, who has relocated to China as President, BMW Group Financial Services.
The Ministry of Finance has proposed allowing private-hire drivers to claim tax deductions for car-related expenses, such as vehicle rental and petrol.
At the end of last year, about 1.3 percent of car loan holders had an instalment that was overdue by more than 30 days, compared with two percent in 2015.
The ultra rare BMW M1, not to be confused with the 1 Series M Coupe, will be displayed at the upcoming Salon Prive.
60 days lift on loan curb is sufficient to help clear off stocks, but dealers are looking for other measures to help business.
Following MAS' announcement of lift of loan curb on used cars, buyers are returning to pre-owned cars to snatch up good deals.
Car loan restrictions imposed by MAS will be lifted for 60 days and restrictions will be extended to all financial entities.