PETALING JAYA: A number of automotive stocks remain on the radar and are compelling buys, despite the recent release of the November total industry volume (TIV) by the Malaysian Automotive Association showing a decline in sales for the month.
TA Research has maintained an “overweight” recommendation for the automotive sector and also maintained its TIV forecast of 700,000 units for 2025, noting that this would be a 13% contraction year-on-year (y-o-y) from 2024.
