PETALING JAYA: The Malaysia Automotive Robotics and IoT Institute (MARii), an agency under the International Trade and Industry Ministry, has forecast total industry volume (TIV) to grow 9% to 610,000 units this year despite scepticism that the local automotive industry will be affected by the current weak market sentiment.
At a briefing earlier this week, MARii chief executive officer Datuk Madani Sahari said the growth forecast was done last month, prior to the Covid-19 outbreak.
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