SUV boost: Proton’s impressive comeback can be attributed mainly to the successful launch of its first SUV model, the X70. — Bernama
PETALING JAYA: Automotive growth is expected to remain moderate for the rest of 2019, with the commercial vehicle segment expected to see better traction driven by growth in foreign direct investments, improvements in bank lending rates and positive growth in the key contributing sectors.
Frost & Sullivan mobility consulting analyst Nur Afiqah Mohamad said the commercial vehicle segment is highly sensitive to economic conditions, the government’s direction and external factors.
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