Flat growth for auto sector


PETALING JAYA: Frost & Sullivan expects flat growth for the local automotive sector in 2020, as ongoing global headwinds and repeated postponement of the National Automative Policy (NAP) may create uncertainty and affect consumer sentiment.

According to Frost & Sullivan mobility senior vice-president and associate partner Vivek Vaidya, vehicle sales are projected to grow 1% to 608,790 units this year.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
National Automative Policy

Next In Business News

YTL inks RM200mil naming rights deal with Aviva for Bristol arena
Well Chip posts FY25 net profit jump to RM86.15mil
Angkasa targets 2026 revenue to reach up to RM75bil
Aeon Credit issues RM100mil five-year senior sukuk
Late bargain-hunting lifts Bursa Malaysia to end higher
Net foreign inflows into Malaysian bonds reach RM951.9mil in January - RAM Ratings
Hong Kong shares fall after Lunar New Year break, tech drops
Oil heads for first weekly gain in three as US-Iran tensions brew
Bursa Malaysia lower at midday amid hawkish US Fed cues
I-Bhd delivers higher FY25 earnings of RM55.74mil

Others Also Read