PETALING JAYA: Malaysia’s total industry volume (TIV) recorded an all-time high of 799,731 units in 2023 versus 721,177 units sold in 2022, the Malaysia Automotive Association said.
President Mohd Shamsor Mohd Zain said the 11 per cent year-on-year (y-o-y) hike was propelled mainly by the passenger cars sub-segment amid a resilient domestic economy and stable socio-political environment.
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