KUALA LUMPUR: BMI, a Fitch Solutions company, has revised upward its projection on total vehicle sales in Malaysia for 2023 to rise by 3.8 per cent, which is in contrast to its previous forecast of a 9.0 per cent decline.
In a statement, BMI said the revision was made following the better-than-anticipated pent-up demand for vehicles purchased during the sales tax exemption period.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
