PETALING JAYA: The automotive sector was among the biggest winners of the government stimulus plans, turning 2020 into a banner year for the segment, despite the unprecedented economic challenges following the Covid-19 pandemic.
Against all odds, the domestic car manufacturers outperformed market projections from earlier in the year and managed to pull in record sales, underpinned by government incentives and new model launches as volume growth drivers.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!