Vehicle sales to pick up momentum this month


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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.

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