Auto Sector

BYD to rely on imports initially, Hubco says

BYD to rely on imports initially, Hubco says

The long-term objective is to localise up to 80 per cent of the vehicle, which should improve cost competitiveness and reduce reliance on imports.
Updated 21 Oct, 2026 07:45am
Draft auto policy sent to cabinet

Draft auto policy sent to cabinet

PM ‘okays’ five-year roadmap; policy targets $6bn exports, tariff cuts by 2031; proposes 1pc sales tax on EVs.
Published 21 Oct, 2026 07:04am
Auto loans rise despite sales slump

Auto loans rise despite sales slump

Assemblers see a 12pc year-on-year and 3pc month-on-month drop in sales of cars, SUVs, pickups and vans in September.
Published 18 Oct, 2026 06:39am