Non-national makes seen to recover faster

Going forward, analysts are optimistic that the gradual reopening of the economy is expected to spur vehicle sales for the remainder of 2021.

PETALING JAYA: Non-national vehicle sales are expected to recover faster than national cars with the reopening of the economy, mainly due to the former’s lower reliance on the domestic vendor network.

MIDF Research in a report said it estimates non-national carmakers to have registered a marginal 3% to 4% year-on-year (y-o-y) contraction in September, compared with national brands which are expected to take a hit of around 33% during the same period.