Company Overview and News

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Venturing into export market a positive move for MBM

2018-07-13 theedgemarkets
MBM Resources Bhd (July 10, RM2.40) Maintain buy with an unchanged target price of RM3.19: To recap, Hino Motors established its first assembly plant in Malaysia, with 58% holdings, whilse MBM Resources Bhd holds a 42% stake. The plant was completed in 2014 in Sendayan, Negeri Sembilan and has a capacity of 10,000 units per annum.
HINOF HINOY 7205 5983

3
As Auto Industry Transforms, Ford and Volkswagen Consider an Alliance - The New York Times

2018-06-21 nytimes
Traditional automakers have faced increasing pressure in recent years from changed driving habits, the swift development of technology and emerging rivals from Silicon Valley.
HINOF HINOY GM.WS.A 7205 GM.WS.B GM.WS.C NYTAB GM GM.WSB

14
Auto Stock Roundup: GM to Replace Cadillac Sedans, F & VLKAY to Form Alliance

2018-06-21 zacks
U.S. customers have recently shown a distinct shift in the preference for trucks and sports utility vehicles (SUVs), shunning the traditional sedans. Automakers have already started to reorient their programs and strategies in response to the new situation, where the demand for conventional compact and midsize cars has declined while increased for SUVs and pickup trucks. The recent decision of General Motors Company (GM - Free Report) to abandon three Cadillac sedans and replacing them with two new ones over the next three and a half years vindicates this trend.
HINOF HYUO HOG WGO HYUD VLKAF HINOY MGA GM.WS.A 7205 GM.WS.B MG GM.WS.C GM HYUP GM.WSB AAP VLKAY

3
As auto industry transforms, Ford and Volkswagen consider an alliance

2018-06-20 cnbc
Traditional automakers have faced increasing pressure in recent years from changed driving habits, the swift development of technology and emerging rivals from Silicon Valley.
HINOF HINOY GM.WS.A 7205 GM.WS.B GM.WS.C NYTAB GM GM.WSB

18
Ford, Volkswagen Explore Alliance for Commercial Vehicles

2018-06-20 zacks
Ford Motor Company (F - Free Report) and Volkswagen AG (VLKAY - Free Report) are mulling over forming an alliance on a range of activities, including the development of commercial vehicles, per Reuters. The alliance would aid both the companies to compete effectively in the global market, which is increasingly demanding high-tech and efficient lower-emission vehicles. Thomas Sedran, the head of the German automaker Volkswagen’s strategy division, noted that the two companies have “strong and complementary positions in different commercial vehicle segments already.
VLKAF HINOF HINOY OSK 7205 ALSN VLKAY

2
UPDATE 3-VW, Ford confirm talks on possible commercial vehicle tie-up

2018-06-19 reuters
FRANKFURT (Reuters) - Volkswagen AG (VOWG_p.DE) and Ford Motor Co (F.N) are talking about jointly developing and building a range of commercial vehicles including vans, the companies confirmed on Tuesday.
VLKAF HINOF NAV HINOY NAV.PRD 7205

0
Med-Bumikar Mara to oppose Mara suit over two new directors

2018-05-04 thestar.com.my
THE UMW Holdings Bhd-MBM Resources Bhd-Perodua saga continues to sizzle. In the latest development, Med-Bumikar Mara Sdn Bhd said it will oppose the application filed by Majlis Amanah Rakyat (Mara) over the appointments of two additional directors to Med-Bumikar’s board.
HINOF HINOY 7205

46
Auto Stock Roundup: China to Scrap Limit on Foreign Auto JVs, GM to Cut Jobs

2018-04-19 zacks
Somewhat easing the tension of a trade war, China announced that it will erase the limit on foreign ownership of domestic auto ventures. This will assist foreign automakers to own factories in the country. Notably, this restriction has been in place since 1994, which limits foreign carmakers to own not more than 50% share of any local establishment. China will lift foreign ownership limit for the wider car market by 2022.
HINOF BLT TM BHPBF WDC TYT HOG TOYOF VLKAF HINOY BHP GM.WS.A 7205 GM.WS.B GM.WS.C 7203 BBL BHP GM GM.WSB BHPLF AAP VLKAY

99
Are Facebook, Alphabet, And Nvidia Oversold?

2018-04-16 seekingalpha
Facebook, Alphabet and Nvidia have long operated within a laissez-faire regulatory environment that has arguably afforded these companies almost unbridled growth.
HINOF FB HINOY GOOGL 7205 NVDA

2
VW's trucks division open to buying majority of Navistar

2018-04-16 reuters
MUNICH (Reuters) - Volkswagen (VOWG_p.DE) is open to buying a majority stake in U.S. truckmaker Navistar “at some point,” it said on Monday, as the German automaker prepares its trucks business for a possible stock market listing that could help raise funds to expand.
HINOF NAV HINOY NAV.PRD 7205

2
VW's trucks division open to buying majority of Navistar

2018-04-16 channelnewsasia
Volkswagen is open to buying a majority stake in U.S. truckmaker Navistar "at some point," it said on Monday, as the German automaker prepares its trucks business for a possible stock market listing that could help raise funds to expand.
HINOF NAV HINOY NAV.PRD 7205

6
Toyota’s Hino, VW’s truck unit tie up to reduce R&D costs

2018-04-12 themalaymailonline
Hino Motors President Yoshio Shimo and Volkswagen Truck & Bus GmbH CEO Andreas Renschler shake hands as they pose for pictures during their joint news conference in Tokyo April 12, 2018. — Reuters picTOKYO, April 12 — The truck units of Toyota Motor and Volkswagen AG are forming an alliance to bolster their market positions as commercial vehicle makers face growing costs to develop lower-emission vehicles and automated driving capabilities.
VLKAF HINOF NAV HINOY NAV.PRD 7205 TM 7203 TYT TOYOF

0
Nikkei meanders downward as concerns over Syria loom

2018-04-12 japantimes.co.jp
Stocks closed slightly lower in directionless trading Thursday, with active traders held in check partly by growing concerns over Syria.
6506 HINOF HINOY MMTOY 7205 YASKY 7211 MMTOF YASKF

5
Toyota group truck maker Hino enters strategic tie-up with VW truck unit

2018-04-12 channelnewsasia
Japanese truck maker Hino Motors Ltd , majority-held by Toyota Motor Corp , said on Thursday it had agreed to form a strategic tie-up with Volkswagen Truck & Bus GmbH.
HINOF VLKAF HINOY 7205 TM 7203 TYT TOYOF

5
Japan’s Hino and VW to team up on range of digital, green vehicle technologies

2018-04-12 japantimes.co.jp
Hino Motors, Toyota Motor Corp.’s group truck manufacturer, and Volkswagen Truck & Bus of Germany agreed Thursday to form a partnership on the technologies behind hybrids, electric cars, autonomous driving and connectivity.
HINOF VLKAF HINOY 7205 TM 7203 TYT TOYOF

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