PETALING JAYA: Despite the steady rise in vehicle sales so far this year, a number of auto players may still report sluggish quarterly earnings.
One issue plaguing auto companies could be higher costs and foreign exchange losses despite four consecutive months of total industry volume (TIV) growth, said Maybank Investment Bank (Maybank IB) in a report.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!