Malaysian auto sector likely to soften in the first half of 2015

Perodua Axia gets overwhelming response after its launch recently.

KUALA LUMPUR: Automotive players are expected to introduce new and enhanced versions of existing models next year, including energy-efficient vehicles (EEVs) at very competitive prices.

However, uncertainties over the impact of the goods and services tax (GST), rising living costs and bleak global economic outlook may cause consumers to be careful with their spending, and players expect the sector to soften in the first half of next year.