PETALING JAYA: The automotive market is projected by RHB Research to experience sluggish growth in 2025 due to a lack of catalysts supporting sales growth and a high-base effect from this year, following the recent release of the November total industry volume (TIV) figure by the Malaysian Automotive Association showing a decline in sales for the month.
The research house has maintained a “neutral” weighting for automotive stocks and projects TIV of 730,000 units for next year, an 8% year-on-year decline from the 790,000 units projected for this year.
