MAA revises down auto sales projection


MAA president Datuk Aishah Ahmad said consumer sentiment is also expected to remain weak, in light of the economic uncertainty created by the global Covid-19 pandemic.

KUALA LUMPUR: The Malaysian Automotive Association (MAA) has revised downwards its 2021 total industry volume (TIV) forecast by 5.6% to 500,000 units from 570,000 units previously, on the back of business disruptions caused by the ongoing nationwide lockdown.

MAA president Datuk Aishah Ahmad said consumer sentiment is also expected to remain weak, in light of the economic uncertainty created by the global Covid-19 pandemic.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MAA , vehicle sales , TIV , Aishah Ahmad

Next In Business News

Ringgit closes higher against greenback on cautious market sentiment
T7 Global subsidiary appointed panel contractor for PETRONAS
YTL inks RM200mil naming rights deal with Aviva for Bristol arena
KL High Court dismisses appeals of former Jalatama officers
Well Chip posts FY25 net profit jump to RM86.15mil
Angkasa targets 2026 revenue to reach up to RM75bil
Aeon Credit issues RM100mil five-year senior sukuk
Late bargain-hunting lifts Bursa Malaysia to end higher
Wawasan Dengkil's 2Q net profit falls due to revision of project costs
Net foreign inflows into Malaysian bonds reach RM951.9mil in January - RAM Ratings

Others Also Read