A welcomed decision

A Perodua customer care executive (right) assisting a customer at a showroom in Sungai Buloh. — AZLINA ABDULLAH/The Star

PETALING JAYA: Auto sales are expected to see healthy visibility over the next nine months

Despite the waiver on sales and service tax (SST) ending at the end of this month. CGS-CIMB Research said the move by the Ministry of Finance (MoF) is positive for Malaysia’s automotive sector as it will provide healthy demand visibility for the next nine months, although the research unit sees downside risks to 2023’s estimated total industry vehicle (TIV) numbers as a consequence.