Frost Sullivan revises down vehicle sales TIV


KUALA LUMPUR: Frost & Sullivan has revised its 2011 total industry volume (TIV) forecast of vehicle sales to 615,900 units from 623,000 units as a result of supply chain disruptions from the impact of the March 11 earthquake in Japan.

Frost & Sullivan partner & head of the automotive & transportation practice for Asia-Pacific Kavan Mukhtyar said TIV for 2011 would be impacted due to production slowdown and delay in key models launches by automakers.

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