Miti: Car sector ‘under control’, no special measures needed


Minister Datuk Seri Mustapa Mohamed said he met with a car manufacturer earlier on Monday and this particular company

KUALA LUMPUR: The current challenging situation in the local car sector is still “under control” and does not necessitate any special measures to boost sales, said the International Trade and Industry Ministry (Miti).

Its Minister Datuk Seri Mustapa Mohamed said he met with a car manufacturer earlier yesterday and this particular company’s sales went down by 10% for the first half this year, over the same period last year.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Business , Miti , car , auto ,

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read