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UK leads Europe's car market to slip first time since 2013

MUNICH: Annual car sales in Europe dropped for the first time since 2013, led by a sagging U.K. market where concerns over Brexit turned off consumers -- and have only intensified as politicians argue over the path to a divorce.

Quick Take: Brake on car sales

KUALA LUMPUR: Automobile sales are expected to see flat growth this year due to moderate economic growth, tighter lending rules, less disposable income and a weak ringgit.

For this year, the MAA forecasts a marginal 0.21% growth to 600,000 units

MAA expects flat auto sales for 2019

PETALING JAYA: The Malaysian automotive industry recorded a rebound in total sales in 2018 following two years of consecutive contraction, with a 3.8% growth in total industry volume (TIV).

Carmaker Proton eyes to triple exports

KUALA LUMPUR: Proton Holdings Bhd is confident it can more than double, or even triple, export sales this year with the help of the Malaysian government.

From left - Dato’ Radzaif Mohamed (Deputy Chief Executive Officer, PROTON), Li Pu (Vice President of ECARX), Mr Cheng Seng Fook (Director of Marketing, PROTON), YB Dr Ong Kian Ming (Deputy Minister of International Trade & Industry), Mohamed Rozaidi Md Sharif (Chief Executive Officer of Altel Communications Sdn Bhd), Dr Li Chunrong (Chief Executive Officer, PROTON)

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