Slower sales on the cards for automakers


BIMB Research said near-term sales will be supported by new launches and the rollout of new electric vehicles.

PETALING JAYA: Even as vehicle sales are expected to fall this year, automotive players in Malaysia also face price competition from China brands that will weigh on margins, analysts say.

BIMB Research, which is “neutral” on the automotive sector, said in a note that tighter financing and affordability challenges will also hit margins.

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