May vehicle sales down 18% as buyers hold back on new purchases


  • Business
  • Saturday, 21 Jun 2003

MALAYSIA'S vehicle sales fell in May as consumers remained reluctant to purchase automobiles. 

Sales of passenger cars and four-wheel drive and commercial vehicles fell 18.2% to 31,652 vehicles in May from 38,682 the same month a year earlier, the Malaysian Automotive Association said in a statement. In April, vehicle sales dropped 10.7% from the year before. 

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