China's electric carmakers shine at Beijing auto show
BEIJING: Auto executives from across the globe are plugging their plans for an electric car future in China at the Beijing auto show, but they will find their Chinese counterparts are already motoring ahead.
Local carmakers and upstarts flaunted their latest plug-in models at the industry ...
KUALA LUMPUR (May 22): Proton Holdings Bhd is the latest carmaker to join the bandwagon of car companies offering an immediate cash rebate of up to RM4,400 for new vehicle purchases, ahead of the zero-rated goods and services tax (GST) beginning June.
In addition to the cash rebate, the national carmaker is also throwing substantial cash discounts of up to RM15,172 for its Proton Suprima S model, a five-door compact hatchback car.
British oil giant BP Plc plans to cut 3 percent of jobs in its exploration and production as part of a restructuring of its upstream operations to make the division more efficient and flexible, The Financial Times reported on Tuesday.