Frost & Sullivan raises car sales forecast to 638,000 units


KUALA LUMPUR: Frost & Sullivan forecasts 2013 total industry volume (TIV) to rise 6.3% to 638,000 units, from 600,000 units estimated previously.

It said the upgrade was due to positive consumer sentiment, enthusiastic response to key new model launches and lowered expectation of any significant price reduction from policy initiatives.

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car sales , frost & sullivan , Perodua , Proton

   

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