Higher auto sales expected if car scrappage scheme approved


CYBERJAYA: A new car scrappage programme, designed to encourage people to turn in their old cars for cash, may help boost sales for automakers.

The Malaysian Automotive Institute (MAI) has projected that the “cash for clunkers” scheme could lift total industry volume (TIV) by as much as 50,000 new cars, if implemented this year.

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Business , MAI , Automotive , MITI , Cars , sales , auto ,

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