Back in high gear


 CLICK TO ENLARGECLICK TO ENLARGE

KUALA LUMPUR: Vehicle demand in Malaysia is set to bounce back in 2022 following the two-year onslaught of the Covid-19 pandemic that resulted in automotive sales slumping to a 14-year low in 2021.

Underpinned by the post-pandemic global economic rebound as well as better business operating conditions and incentives on the local front, the Malaysian Automotive Association (MAA) is projecting vehicle sales in 2022 to grow 18% year-on-year to 600,000 units.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

HeiTech Padu targets stronger earnings growth after returning to black in 2023
PBOC may up bond trading
Rafizi: Govt to share details on subsidy rationalisation mechanism
Deutsche Bank Q1 profit jumps 10% as investment bank outperforms
Stocks hit by tech slide; yen flails at intervention zone
Toyota hits record annual output, sales on robust demand
Solarvest delivers 8.9MWP solar project to NTPM
Investors take profit amid regional weakness
Malaysia's CPI rises 1.8% in March
DNB announces new board members comprising representatives from all five MNOs

Others Also Read