Can automotive industry's million-unit vehicle target be met by 2020?

Aishah: ‘It will depend if there are initiatives such as a scapping policy or incentives to boost sales.’

PETALING JAYA: The Malaysian automotive industry can still hit a total industry volume (TIV) of one million units by 2020 – with the right economic fundamentals and proper incentives in place.

Speaking at a press conference last week, Malaysian Automotive Association (MAA) president Datuk Aishah Ahmad said this target, which was set by the Government, could be difficult to achieve if the annual sales growth continues to taper.