KUALA LUMPUR: The total industry volume (TIV) for new vehicle sales is expected to decline by seven per cent year-on-year to 760,000 units in 2025 from last year’s 816,674, said CIMB Securities Sdn Bhd.
In a research note today, CIMB Securities said the lower forecast was primarily due to potential headwinds, such as the potential removal of the RON95 petrol subsidy in mid-2025.
