Auto sector sales to taper post-SST exemption

KUALA LUMPUR: Coming out of a fourth quarter that yielded sequential improvements to bottomlines, the auto sector is planning ahead for the scheduled end of the government's exemption on the sales and service tax (SST) in June 2022.

According to RHB Research, there is a pick up in bookings as the expiration date of the SST exemption looms but it is expected to slow in subsequent quarters.