Vehicle sales to pick up momentum this month


  • Auto
  • Tuesday, 24 Aug 2021

CLICK TO ENLARGECLICK TO ENLARGE

KUALA LUMPUR: Malaysian vehicle sales are expected to start picking up from this month, driven by easing economic activity restrictions in key states like Selangor and Kuala Lumpur.

CGS-CIMB Research in a report yesterday said it is maintaining its 500,000 units total industry volume (TIV) sales forecast for 2021, which is in line with the Malaysian Automotive Association’s (MAA) target for this year.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Auto , CIMB , RHB , vehicle sales , economic , restrictions , MAA ,

   

Next In Business News

Wall St set to kick off week higher; U.S. inflation in focus
Opcom auditor resigns after audit fee disagreement
Ringgit closes easier against US dollar as greenback gathers strength
Maxis appoints MR DIY CEO Adrian Ong as director
Optimax secures license to offer plastic surgery and aesthetic services
TCS wins RM10.7mil construction contract
EVE Energy builds new US$422mil manufacturing facility in Kulim, kedah
UMW Toyota July sales jump 25.8% to 8,349 units
KLCI ends flat on cautious investor sentiment
Maybank2u and MAE apps currently down; credit and debit card use also unavailable (Updated: Services back to normal)

Others Also Read