Auto sector not expected to face supply disruption

An analyst from a local bank-backed brokerage said he did not see the coronavirus outbreak having a significant supply risk on local companies.

PETALING JAYA: The local automotive sector is unlikely to face supply disruption in the wake of the coronavirus outbreak, although it has direct exposure to China.

MIDF Research, in a report yesterday, noted that Hubei, the epicentre of the coronavirus outbreak, is one of China’s major automotive hubs.