Bermaz Auto to remain in high gear

PETALING JAYA: Bermaz Auto Bhd’s (BAuto) sales are expected to remain strong in the first quarter (1Q) of financial year 2023 (FY23), as buyers will be rushing to purchase vehicles before the sales and service tax (SST) exemption incentives expire by end of this month.

While there may be some booking cancellations if the SST exemption is not extended, TA Research viewed this as a temporary hiccup.