Minimal vehicle sales in July

UMW Ahmad Fuaad pres ceo

KUALA LUMPUR: UMW Holdings Bhd expects minimal sales for vehicles in July for both UMW Toyota Motor (UMWT) and Perodua, according to president and group chief executive officer Datuk Ahmad Fuaad Kenali.(pic)

Ahmad Fuaad said the ongoing full movement control order, which began on June 1, has adversely impacted the domestic automotive sector with only 1,921 units registered for the month of June. — Bernama


Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

UMW , vehicles , sales , sales tax exemption , COVID-19


Next In Business News

Ringgit trades lower on US asset tapering, Evergrande debt crisis
Malaysian online spending increases during 9.9 sale, says Lazada
Komark pivots into niche mask products
Quick take: BDB rises 3.4% on 30-year concession with LADA
FBM KLCI fails to extend bounce
Quick take: Tanco rises 4% in active trade
ADB lowers growth outlook for developing Asia as Covid weighs
Kenanga projects gradual recovery for KESM
Trading ideas: Southern Steel, Tanco, Bina Darulaman
China Evergrande inches close to default deadline, investors wait

Stories You'll Enjoy