vehicle
Singapore’s car marketplace Carro acquires Australian used car platform CarPlace, expanding to 8 markets
Carro, Asia Pacific's leading online automotive marketplace, has acquired CarPlace, a leading Australian used car platform operated by Autoleague, one of Australia's largest automotive groups, giving Carro a physical presence in three of Australia's four largest markets.
Malaysia’s Carsome car e-commerce platform posts 85% EBITDA surge in Q1/2026 to $7.3M
Carsome Group Inc, Southeast Asia’s largest integrated car e-commerce platform, recorded its EBITDA jumping 85 percent year-on-year to MYR29 million ($7.3 million) as Southeast Asia's largest used car e-commerce platform accelerated its push toward sustained profitability.
Zeekr emerges Malaysia’s top premium EV brand in Jan-Apr 2026
Zeekr Intelligent Technology Malaysia remained Malaysia’s top premium electric vehicle (EV) brand in the first four months 2026, according to vehicle registrations data from Malaysia’s Road Transport Department (JPJ) as of April 2026.
Toyota to build $360M factory line in Vietnam to manufacture hybrid vehicles
Japan's automotive manufacturer Toyota is set to invest $360 million in building a hybrid vehicle line within its factory in Vietnam, Toyota Vietnam CEO Hirata Osamu said.
Malaysia’s Carsome delivers $23M EBITDA in FY2025, 16% gross profit growth
CARSOME Group Inc. reported FY2025 EBITDA of $23 million, more than doubling year-on-year, reflecting continued margin expansion and cost discipline across its core markets.
