PETALING JAYA: Malaysian vehicle sales could fall for a third year in a row in 2018, weighed down by weaker sales, poor consumer sentiment, stringent loan approval rates and generally unfavourable market conditions.
The latest annual reports of major automotive distributors reflect the gloomy outlook, and this has also been reflected in the Malaysian Automotive Association’s (MAA) monthly and quarterly statistics, with March vehicle sales dropping 7% compared with the same month last year.
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