WHILE vehicle sales took a nosedive last month, weighed down by fewer working days and lower loan approval rates, things are however looking up for the automotive sector in the current and final quarter of 2017.
CIMB Research is expecting stronger total industry volume (TIV) in the fourth quarter of 2017, driven by new sports-utility vehicle models and seasonally stronger demand, due to wider discounts ahead of the new year.
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!
