MAI expects higher sales despite GST

Madani:

SHAH ALAM: The Malaysia Automotive Institute (MAI) expects vehicle sales for the first six months of this year to be higher than 333,142 units recorded in the corresponding period last year despite concerns over the goods and services tax (GST) that will come into force tomorrow.

MAI chief executive officer Mohamad Madani Sahari said that the higher total industry volume (TIV) expected for the first half of this year was based on robust January to March TIVs.