KUALA LUMPUR: Car sales momentum is expected to moderate in the coming months owing to the soft economic climate amid the Covid-19 outbreak and political uncertainty, says Affin Hwang Capital research.
The research house maintained its neutral outlook on the sector and cut its 2020 total industry volume (TIV) assumption to 583,000 units, or 3.5% lower year-on-year (y-o-y).
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