KUALA LUMPUR: UMW Holdings Bhd
could see an impact in its automobile division due to softer consumer sentiment following the implementation of the Goods and Services Tax (GST) in April 2015, said Maybank Kim Eng Research.
Toyota and Perodua vehicle sales are tracking management's target of 193,000 units for 2014. There could be stronger contribution for Perodua Axia as bookings and deliveries have surged to 54,100 and 16,400 units respectively.
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