Leading brand: As at November 2016, Proton sold 65,067 units – placing it in third position of TIV. Leading the pack is Perodua with 182,485 units, followed by Honda with 80,369 units.
Weaker sales take a toll on local industry in 2016
PETALING JAYA: The local automotive industry is expected to suffer a net loss of RM350mil in 2016 compared with a net profit of RM1.2bil in the previous corresponding period due to weaker sales, poor consumer sentiment and stringent loan approval rates.
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