KUALA LUMPUR: Despite falling car prices, a significant increase in industry sales is not expected due to higher cost of living post-GST, heightened industry competition, and weak consumer sentiment in the country.
Hence, Affin Hwang Research is maintaining a ‘neutral’ call on auto and autoparts sector due to a lack of re-rating catalysts in the near-term.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
