MAA president Mohd Shamsor says the robust sales in 1H23 was driven mainly by national makes.
KUALA LUMPUR: The Malaysian Automotive Association (MAA) has revised its total industry volume (TIV) forecast for 2023 upwards to 725,000 units from 650,000 units in January, on the back of a stable economic outlook, new model launches and further improvement in the automotive industry supply chain environment.
MAA president Mohd Shamsor Mohd Zain said the major reason for the higher projection for 2023 is because of the continuation of higher order books, adding that this is expected to continue for the rest of the year.
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