CIMB Research keeps DRB-Hicom a Hold at RM2.74


KUALA LUMPUR: CIMB Equities Research says the National Automotive Policy (NAP) to be unveiled this month is expected to walk the fine balance between opening up the car industry to non-national manufacturers to make Malaysia an ASEAN production hub for energy-efficient vehicles (EEVs).

It said on Monday that on the other hand, the NAP would be continuing to protect Proton in the conventional bread-and-butter segment, as  represented by the popular Proton SAGA SV, which now accounts for half of its unit sales.

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