Perodua BezzaIn November, Toyota and Perodua registered lower sales, noted TA Research.
KUALA LUMPUR: Several research firms are maintaining their “neutral” stance on the automotive sector with a revised higher total industry volume (TIV) for this year on the back of new launches in the fourth quarter and continuation of sales tax exemption till end-December.
Kenanga Research said the reported TIV of 454,708 units in the first 11 months of this year, which forms 96% of its previous sales target of 475,000, is above expectation. It had thus revised its TIV higher to 500,000 units for 2020, backed by new launches in the fourth quarter of this year.
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