Car manufacturers lower sales target

PETALING JAYA: The Malaysian Automotive Association (MAA) has revised downwards its 2020 total industry volume (TIV) forecast to 400,000 units from 607,000 units previously due to negative implications of the Covid-19 pandemic which has severely affected business operations.

MAA president Datuk Aishah Ahmad said the movement control order (MCO), which was implemented on March 18, had severely impacted car sales and consumer sentiment.