To be launched: MIDF says Mazda sales were down 41 year-on-year, which it thinks is the market’s knee jerk reaction to the 2 to 3 price hike in January 2017 and ahead of the launch of the new CX5 and CX9 towards the second half of this year.
Auto companies with forex exposure seen benefitting from weakening US dollar
THE strengthening of the ringgit against the US dollar, which is now into its fourth consecutive week, could mean positive times ahead for automotive players with foreign exchange (forex) exposure.
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