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.
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