Proton approves 12 more dealers for 3S, 4S upgrade

August 18, 2018

Proton has signed its latest agreement approving dealers for upgrades to 3S and 4S status. Of the 12 that signed up, six of them are new to the Proton fold, including two in Sabah. The new dealers include Victorange, Fook Loi Corporation, Ming Heng, Grand Arena Automotive and YS Autoworld. Fook Loi Cooperation group executive director Thomas Chiu said that he had always believed in the ability of the national…

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Lewis Hamilton agrees to two-year contract extension with Mercedes-AMG Petronas Motorsport till end 2020

August 17, 2018

Lewis Hamilton will remain with the Mercedes-AMG Petronas Motorsport Formula 1 team for a further two years after agreeing to a contract extension. The Brit will remain a Silver Arrows driver until the end of 2020, by which time he’ll have spent eight years with Mercedes, his longest period with a single team in the sport. Since joining Mercedes in 2013, Hamilton has secured three world drivers’ championships and 44…

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Trump’s burgeoning trade war with China is already affecting car manufacturers in the US

July 10, 2018

Mercedes-Benz Daimler, the parent company of Mercedes-Benz, said profit would fall in 2018 as new import tariffs on cars exported from the United States to China. The company said the tariffs would hurt sales of high-margin Mercedes-Benz sports utility vehicles. Daimler’s revised forecast comes as U.S. President Donald Trump is proposing to impose tariffs on imported vehicles on grounds that trade imbalances on many products threaten U.S. national security. He is separately…

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