PETALING JAYA: Analysts are choosing to remain neutral on the automotive sector in Malaysia despite the total industry volume (TIV) increasing 11.7% month-on-month (m-o-m) in March this year, and 2.1% year-on-year (y-o-y) to 72,700 units.
The Malaysian Automotive Association (MAA) said the increase was supported by a solid rebound in both passenger and commercial vehicles.
