KUALA LUMPUR: With expectations that total industry volume (TIV) in the domestic auto sector will abate in 2023, automakers will have to leverage new model launches to lift sales figures.
Hong Leong Investment Bank (HLIB) Research said in a note it expects order backlogs to tail off in 1H23 following the end of sales and service tax (SST) exemption deliveries in end March 2023.
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