Maybank Investment Bank Research remains cautiously optimistic on the domestic TIV outlook for 2025.
PETALING JAYA: Analysts expect total industry volume (TIV) to decline next year, owing partly to the potential subsidy removal and open market value (OMV) revisions.
CIMB Securities said it expects total new vehicle sales to decline by 4% to 755,000 units in 2025 as a result, although these could accelerate battery electric vehicle (BEV) adoption.
