Analysts see better car sales in Q2

  • Business Premium
  • Saturday, 02 May 2009

CAR sales are expected to improve in the second quarter as the economy begins to recover, say analysts.

Research firm Frost & Sullivan is forecasting vehicle sales to pick up in the second quarter but still expects a decline of 7% to 8% year-on-year, says Kavan Mukhtyar, the firm’s partner and head of automotive and transportation practice for Asia-Pacific.

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